Standard Bank South Africa will use Eagle Investment Systems' accounting and enterprise data management platform, taking the services on a hosted basis through the vendor's private cloud, Eagle Access.
The firm, which has approximately $12 billion in assets under management, will implement the technology across its Private Clients business.
"We are always looking to create operational efficiencies and methods for cost savings by leveraging the best providers and services available," says Penny Bibby, COO at Standard Bank Private Clients. "In our search for a technology solutions provider, Eagle stood out amongst both international and local system providers, and we were pleased to see how their enterprise-wide solution has already been proven successful with other premier clients in South Africa."
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails