AGF Management Limited Selects Eagle's Integrated Investment Management Platform Via Hosted Offering

Dec 7, 2009

TORONTO – December 7, 2009 — Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that AGF Management Limited has selected Eagle's investment management suite to be delivered via its application service provider (ASP), Eagle ACCESS(SM).

Based in Toronto, AGF provides investment management services to advisor, institutional and high-net-worth clients from its offices across Canada and subsidiaries around the world. The firm will leverage Eagle to standardize its data management functions across several AGF entities. Eagle offers a common, integrated platform for data management, investment accounting, and performance measurement, which includes functionality for daily performance and attribution analysis and GIPS® composite management. The firm will deploy the Eagle Portal, a web-based tool that simplifies and executes the distribution of investment reports to internal and external clients globally.

"Eagle will provide our portfolio managers with improved access to information they need at their fingertips quickly and efficiently, which in turn will allow us to deliver an even higher level of service to our clients," said Rob Badun, AGF's executive vice president, Investments. "During the selection process, the Eagle team stood out because it clearly understands the investment management process and how organizations such as ours can benefit from its software."

AGF selected Eagle to replace current applications which include a mix of home-grown and installed vendor solutions. Eagle's hosted service was chosen as AGF's desired deployment method because it offered fast time to market, cost effectiveness, and an enhanced level of service. The implementation will be rolled out in phases and began in July.

"Today's investment managers are implementing technologies that help simplify their investment management processes to gain greater access to accurate and up-to-date information, wherever they are located," said Mal Cullen, managing director of Eagle's Canadian operations. "Firms remain extremely cost conscious and lean toward offerings that can help reduce the time to market and cost of running their operations."

AGF Management Limited is one of Canada's premier investment solutions firms with offices across Canada and subsidiaries around the world. AGF's products and services include a diversified family of award-winning mutual funds, AGF Elements portfolios, the Harmony asset management program, services for institutional and private clients, as well as AGF Trust GICs, loans and mortgages. With approximately $44.6 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

Eagle Investment Systems LLC, a subsidiary of BNY Mellon Asset Servicing, is a global provider of financial services technology. Eagle provides leading-edge technology and services for data management, investment accounting and performance measurement. Eagle's product suite is offered as an installed application or can be hosted via Eagle ACCESS(SM), Eagle's ASP offering.

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing offers its products and services through The Bank of New York Mellon and other subsidiaries of The Bank of New York Mellon Corporation.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $20.7 trillion in assets under custody and administration, $926 billion in assets under management, services more than $11.8 trillion in outstanding debt, and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.