About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Standard Bank South Africa Implements Eagle Solutions

Subscribe to our newsletter

Standard Bank South Africa is implementing Eagle Investment Systems’ accounting and enterprise data management solutions across its private client business. The solutions will be hosted on Eagle’s Access private cloud and will support the bank as it centralises operations and moves towards a single record of data.

The bank is replacing legacy systems with the hosted Eagle solutions and aims to gain efficiencies through the use of the web-based, real-time investment accounting system and centralise data using the enterprise data management solution. Implementation has begun, with Eagle employees working alongside Standard Bank employees in Jersey, where the bank maintains central operations, and in South Africa. Production is planned for the third quarter of next year.

Penny Bibby, chief operating officer at Standard Bank Private Clients, explains: “We are always looking to create operational efficiencies and methods for cost savings by leveraging the best providers and services available. In our search for a technology solutions provider, Eagle stood out among international and local system providers. Our adoption of Eagle’s software and its deployment on Eagle Access will enable us to establish a firm wide, secure technology solution that will help us centralise our platform much more easily and efficiently.” Longer term, Standard Bank South Africa could add Eagle’s reporting and performance attribution capabilities to the platform.

John Legrand, Eagle managing director for EMEA and APAC, says South Africa is a good market for the company and that it is comparable to Australia and Canada, where Eagle is also building business. In South Africa, Standard Bank joins Eagle clients including Prescient, an asset manager and fund administrator that is using Eagle’s accounting system in the cloud. In terms of the company’s software, a new release is due in two weeks’ time, offering aesthetic improvements and support for regulatory change.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: An Agile Approach to Investment Management Platforms for Private Markets and the Total Portfolio View

Data and operations professionals at private market institutions face significant data and analytical challenges managing private assets data. With investors clamouring for advice and analysis of private markets in their search for returns, investment managers are looking at ways to gain a more meaningful view of risk and performance across all asset types held by...

BLOG

From London to New York: How Regulators and Firms Are Re-Drawing the AI Compliance Map

As artificial intelligence (AI) reshapes financial services, regulators and industry leaders are converging on a shared challenge: how to balance innovation with accountability. At A-Team Group’s recent RegTech Summit London, the conversation moved beyond theory into practice, with the Financial Conduct Authority (FCA) and leading firms outlining how principle-based regulation, collaborative testing, and emerging “agentic...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...