QIC Selects Eagle for Data Management and Performance Measurement

The move is part of the company’s recent efforts to reduce its internal IT costs concerning the maintenance of its own technology infrastructure. 

By implementing Eagle’s solutions, QIC aims to enhance its performance reporting, returns and exposure analysis across all its asset classes, including fixed income, global strategies, real estate, private equity, infrastructure investments, and derivatives.

QIC will also take advantage of the platforms’ customizable configurations. These are designed to meet complex requirements and methodologies for reporting on international investments, as well as support multi-sector contribution and multi-level performance reporting.

Mark McDonald, the firm’s executive director, says that he expects a number of benefits from the Eagle collaboration. “In addition to improving the integrity of our data and instilling more flexibility in our performance reporting function, we have achieved greater efficiency and the ability to support the growth of our alternative assets business,” he says. “We are also now able to automate a number of complex calculations that were previously handled manually using spreadsheets.