Contango Capital Advisors migrates to hosted Eagle data management platform

An Eagle client since its inception in 2004, Contango opted to move its middle- and back-office systems to a hosted environment after reviewing its internal infrastructures as part of a cost reduction effort.

Brian Bichler, chief information officer at Contango, anticipates a 30% annual cost reduction following the move to Eagle Access, and a full return on investment by the middle of 2009. He says challenging market conditions prompted the manager to undertake operational cost reduction efforts

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A rough race begins: Industry faces uphill transition to T+1 settlement

With T+1 compliance set to begin next May, firms will likely be burdened by reduced IT budgets, existing legacy systems and manual processes over the next 15 months. So, while faster settlement will help innovate the middle and back office, some argue industry needs a longer timeline.

Build versus buy: How to evaluate your software

For as long as the investment management industry has used software, there has been a debate about whether asset managers should build or buy their tools. Jonas Svallin, global head of quantitative research and product development at FactSet, argues that…

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