Our client replaced their existing fund accounting software (CAMRA) with Eagle as their existing system was outdated and no longer able to cater to the operational needs of their middle and back office fund accounting functions. However, the Eagle implementation project faced several issues with regards to the vendor’s ability to develop complex system customizations to support the client’s asset allocation process, as well as poor project management. The Eagle implementation project was subsequently abandoned.
We were engaged to perform a cost benefit analysis to determine if the client should continue with the implementation or whether they should outsource their fund accounting operations to a third-party vendor.
