CHICAGO--(BUSINESS WIRE)--Donnelley Financial Solutions (NYSE:DFIN), announced today that it has established a strategic alliance with Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology. The primary focus of this alliance is to offer Eagle clients an automated and supported solution using Donnelley Financial’s FundSuiteArc, a financial reporting and regulatory filing platform, to address financial reporting and the new SEC modernization initiative, specifically the upcoming N-PORT and N-CEN filings.
As part of the alliance, Eagle and Donnelley Financial are working to develop a standard integration between the Eagle solutions and the FundSuiteArc platform. This integration will help to automate the data movements and simplify the creation and submission of financial reports and regulatory filings.
“We are delighted to work with Eagle Investment Systems to improve their clients’ financial reporting process and meet the challenges of SEC Modernization,” said Eric Johnson, President of Global Investment Markets at Donnelley Financial Solutions. “This alliance is truly about assisting companies in addressing the many challenges and increasing complexity of today’s regulatory environment.”
“Our clients look to us to provide them with innovative solutions to help them meet industry requirements,” says Joel Kornblum, Head of Strategic Alliances at Eagle. “Donnelley Financial’s expertise in financial reporting and their reliable SEC filing tools, coupled with Eagle’s data management solution will offer a clear path to managing the data and filing needs to meet the new regulatory requirements of N-PORT.”
About Donnelley Financial Solutions
Donnelley Financial Solutions (NYSE: DFIN) provides software and services that enable clients to communicate with confidence in a complex regulatory environment. With 3,500 employees in 61 locations across 18 countries, we provide thousands of clients globally with innovative tools for content creation, management and distribution, as well as data analytics and multi-lingual localization services. Leveraging advanced technology, deep-domain expertise and 24/7 support, we deliver cost-effective solutions to meet the evolving needs of our clients. For more information about Donnelley Financial Solutions, visit dfsco.com.
About Eagle Investment Systems
Eagle is committed to helping financial institutions worldwide grow assets efficiently with its award-winning portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESSSM. Eagle deploys 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 http://www.eagleinvsys.com/ or follow us on Twitter @Eagleinvsys.
Use of Forward-Looking Statements
This news release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date of this news release and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. Readers are strongly encouraged to read the full cautionary statements contained in Donnelley Financial Solutions’ filings with the SEC. Donnelley Financial Solutions disclaims any obligation to update or revise any forward-looking statements.