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Eagle Investment Systems Teams Up with Interactive Data to Control Cost of Data Integration

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Eagle Investment Systems LLC, a leading provider of financial services technology and wholly owned subsidiary of BNY Mellon Asset Servicing, together with Interactive Data Corporation’s Pricing and Reference Data business, today announced the availability of a packaged set of data interfaces. This agreement makes Interactive Data’s reference data available via Eagle’s data management solution. It also helps investment managers to streamline the data integration process and consolidate, validate and enrich financial data to support key decision makers in making investment decisions.

Leveraging a longstanding relationship, Eagle worked closely with Interactive Data to identify customer demands for a broad range of pricing and reference data, including global pricing, full domestic descriptive data, non-domestic listed markets descriptive data, and factors for North American structured securities. The packaged interfaces streamline the process for retrieving Interactive Data’s information and loading it into Eagle’s platform. Clients can considerably reduce the time spent bringing Interactive Data feeds into Eagle, which results in cost savings and allows firms to focus on other business needs.

“Interactive Data delivers a broad range of market data through a variety of automated services, and our data sets and delivery mechanisms align well with the needs of Eagle’s customers,” said Jean Aiken, vice president, Business Development Group for Interactive Data. “Our collaborative efforts with Eagle illustrate our ability to work with leading financial services technology providers to deliver our data to a wider range of clients.”

“The industry demands more streamlined and packaged deployments, including pre-defined interfaces to leading market data providers,” said John Lehner, president of Eagle. “Eagle is committed to delivering packaged offerings that automate processes, control costs and help shorten implementation times, and working with Interactive Data and accessing their depth of content is just another example of our dedication to meeting market needs.”

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