A Single Version of the Truth: Using Eagle Data Management to Implement a Data-Centric Solution to Support Investment Decisions

Joel Kornblum, Managing Director, Regional Sales Director


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AIMCo Case Study

Today we released a new client case study, A Single Version of the Truth: Using Eagle Data Management to Implement a Data-Centric Solution to Support Investment Decisions, outlining our recent success with Eagle Data Management client, Alberta Investment Management Corporation (AIMCo). AIMCo, one of Canada’s largest and most diversified institutional investment fund managers, recently achieved ‘go live’ status with “AIMCo Innovations,” a multi-year, multi-million dollar business transformation impacting people, process and technology, and moving to a state-of-the-art operating platform driven by data.

The challenges AIMCo experienced with poor data quality prior to engaging with Eagle are, unfortunately, not unique. I had the pleasure of collaborating with Arthur Guimaraes, vice president, Business Solutions at AIMCo, to develop the case study, which includes common themes from the industry. We frequently hear stories from some of the largest institutional investors around the world that they are struggling with inaccurate and de-centralized data stored within rigid legacy IT systems. In the case of AIMCo, as you can read in the case study, the CEO received a performance report and a risk report that showed considerably different AUM numbers. Those two conflicting reports triggered the data revolution that we are proud to be a part of.

The details on how Eagle provided innovative solutions to support that data revolution are all in the case study, but as I see it, there are a few key highlights that emphasize Eagle’s unique ability to provide a robust data management solution for these common issues facing institutional investors. First, and perhaps most importantly, initiating a data-centric strategy to firm-wide investment systems is imperative. Second, ensuring centralized security origination and tracking are in place and finally, deploying “look through” reporting to gain a true view into exposure and risk are all priorities when firms are attempting to access more accurate data – essentially gaining one version of the truth.

For more information, you can download the case study here.

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