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Eagle’s Riley to Retire at End of Year

1 September 2003
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Eagle Investment Systems’ chief executive, Jack Riley, will retire at the end of the year, 13 years after co-founding the company. David Palten, another co-founder and currently president of Eagle, will assume the additional role of CEO, reporting to Jim Palermo, vice chairman of Mellon Financial Corp. and president of Mellon Global Securities Services. Riley has spent more than 30 years in the financial technology marketplace, with stints at Eagle and Mellon, as well as with Aetna Life & Casualty, Andersen Consulting and National Westminster Bank in New York.

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Related content

WEBINAR

Recorded Webinar: Leveraging innovation in data management

Financial Institutions are going through considerable change as they look to deploy innovative technologies and solutions that could radically change data management processes and deliver operational and business benefits. This webinar will review innovation in data management – including technologies such as machine learning, pattern matching, artificial intelligence and solutions such as utilities and managed...

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28 March 2019
Data Management Insight
BLOG

New Data Partnership Approach Urged for Investors in SimCorp Report

Investment managers must take a fresh approach to data management, stressing trusted partnerships with outside expertise over traditional outsourcing models, as they seek to adapt to a rapidly changing economic landscape, a report has urged. The binary build-versus-buy strategy that has been the basis of innovation adoption for decades has been upended by advances in...

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18 November 2025
Data Management Insight
EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

11 June 2026
TradingTech Insight
GUIDE

Valuations – Toward On-Demand Evaluated Pricing

Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...

06 June 2013
Data Management Insight