By winning the most prestigious category of the Buy-Side Technology Awards 2013, the second of two awards announced at the awards luncheon on November 1, Eagle Investment Systems created a little bit of history by becoming the first company to do so twice.
Anyone who has followed the BST Awards for the past seven years will know that each category winner automatically qualifies for this award, even though there is no separate entry template and there are no criteria. The recipient is selected by the four Waters journalists on the BST Awards judging panel-James Rundle, Jake Thomases, Anthony Malakian and Victor Anderson. This year, as in 2009, the win goes to Eagle, which, for the second time, joins an elite group of technology vendors, including Advent Software (2007), Linedata Systems (2008), SunGard (2010), Charles River Development (2011), and Markit (2012), in the winners' circle. And for good reason: No other provider this year received votes in four separate categories, underlining the Wellesley, Mass.-based vendor's impressive versatility in an area of the capital markets that year-on-year witnesses an inexorable increase in competition.
This year, Eagle entered the performance measurement, data management, cloud provider, and investment accounting categories through its Eagle Performance, Eagle Data Management, Eagle ACCESS, and Eagle Accounting offerings, respectively. Each of those products received votes in their respective categories, and, although it was close in some instances, none was able to get over the line.
When Waters contacted Eagle about its win this year, it was unclear whether it would have anyone on hand to accept the award, given that earlier in the week its annual user conference was held in Miami. Fortuitously, one of the firm’s two Johns—John Legrand, managing director of Eagle’s EMEA and Asia-Pacific regions—was scheduled to return from Miami to Singapore on the day of the awards, which meant a quick stopover in London was possible. Legrand received Eagle’s award and within minutes was on his way to Heathrow. Unfortunately, the other John—John Lehner, president and CEO—had Miami commitments he couldn’t get out of, and therefore wasn’t able to make the event. Still, one out of two Johns was a good result.
“We are honored to be named the best technology provider once again for our innovative solutions and services to the buy side. It is gratifying to be recognized for our ongoing investment in our solutions and commitment to creating efficiencies that enable clients to grow their businesses,”
—John Lehner, president and CEO, Eagle Investment Systems
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