Eagle Investment Systems, a subsidiary of BNY Mellon, said that Industrial Alliance Insurance and Financial Services based in Quebec City, has selected its data management solution to help manage its investment portfolio.

The need for improved access to data to support timely risk and portfolio management reporting is leading investment managers in Canada and around the globe to enhance their data management strategies.

According to company, Industrial Alliance has selected it as its platform for integration and consolidation of internal and third-party investment data and increased automation of reporting processes.

The company said that once Industrial Alliance’s data has been consolidated onto its data management platform, they will leverage the company to help enhance its fund, client service, and portfolio management reporting, which will be delivered to end users via its Portal.

Mal Cullen, managing director of Eagle’s Canadian operations, said: “Today’s investment managers are working with vendors that have proven technology, the strength to sustain current market conditions, and a dedicated and knowledgeable client service team. As we approach our ten-year anniversary in Canada, Eagle continues to be a vendor of choice for data management, investment accounting and performance measurement solutions.”