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Press release from CNW Group

AGF Management Limited Wins Eagle Innovation Award

Wednesday, December 07, 2011

AGF Management Limited Wins Eagle Innovation Award09:01 EST Wednesday, December 07, 2011 << Award Presented to Clients Demonstrating Product Innovation Using Eagle Solutions >>BOSTON, Dec. 7, 2011 /CNW/ -- Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that it has presented AGF Management Limited (AGF) the Eagle Innovation Award, an honor given to clients for achievement in product innovation. The award was made at the recent 2011 Eagle Client Conference held in Boca Raton, Florida.AGF provides investment management services to advisor, institutional and high-net-worth clients from its offices across Canada and subsidiaries around the world. Based in Toronto, AGF manages approximately $50 billion CAD in AUM. AGF won the award due to its creative use of the Eagle platform including the generation of more than 500 fund fact sheets to support the Ontario Securities Commission's point of sale regulations across all of AGF's multi class funds. These documents are generated and automatically pushed to the AGF website using the Eagle platform."Eagle was very impressed with the creativity and cost savings that AGF realized using the Eagle suite," said John Lehner, Eagle CEO and president. "AGF exemplifies a true client success story resulting from innovation, collaboration, commitment and efficiencies."Chris Jackson, chief information officer, senior vice president, Operations and IT at AGF was a guest presenter at the Eagle client conference. In his presentation, Mr. Jackson discussed how AGF leverages Eagle ACCESS(SM) and the workflow tools across Eagle's portfolio management solution to achieve one well governed source of data for the entire investments division. He also discussed how centralized data management allowed the firm to improve data quality and distribution and discover new and interesting uses of its data. Because of these efficiency increases, AGF saved more than $1 million by leveraging the centralized source of investment data needed to generate the fund fact sheets."AGF has made tremendous strides through the use of Eagle solutions," said Mr. Jackson. "In addition to our data management and accounting benefits, we were able to efficiently integrate a recent acquisition company into our system and processes in three months. Our use of the Eagle suite is limitless and we look forward to future rewards from this investment."AGF Management Limited is one of Canada's premier independent investment solutions firms with offices across Canada and subsidiaries around the world. AGF's products include a diversified family of award-winning mutual funds, mutual fund wrap programs and pooled funds. AGF also manages assets on behalf of institutional investors including pension plans, foundations and endowments as well as for private clients. In addition, AGF Trust is a complementary business that offers GICs, loans and mortgages through the financial advisor and mortgage broker channels. With approximately $47 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.Eagle Investment Systems is committed to helping financial institutions worldwide grow assets efficiently with its innovative portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESS(SM). Since 1989, Eagle has deployed trusted solutions and services that create operational efficiencies and help reduce complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon. Additional information is available at Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services.BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $25.9 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation <font size="2" face="Arial">(NYSE: BK)</font>. Additional information is available at and through Twitter@bnymellon. << >>For further information: CONTACT: Kendra Ahern, Eagle Investment Systems LLC, +1-781-943-2007, Web Site: