Eagle Development Group Launches Accounting System For Fund Managers


HARTFORD, Conn.--Eagle Development Group introduced its Straight Through Accounting & Recordkeeping system, or STAR, a high-volume transaction processor that will handle back-office accounting for fund managers.

The system is a companion to Eagle's Portfolio Account Concentrating Engine, or PACE, data warehouse, which was introduced in 1997 (IMT, August 1, 1997). A license for STAR will typically run from $500,000 to $1 million, but the actual cost will depend upon several variables, including

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