Eagle Investment Systems and Patni Computer Systems have entered into a strategic alliance in which the two organizations will leverage their technology and capabilities to offer their services to the investment management community.

"Patni offers Eagle and our clients all of the advantages you would expect from a world-class offshore provider. However, it is [Patni's] knowledge of the investment management space, the vision it shares with us, and its focus on building relationships that led to this alliance," says David Palten, Eagle president and CEO.

Vic D'Alfonso, head of the global financial services business unit at Patni, says, "This alliance represents a significant new level of commitment to Eagle and to the asset management marketplace. It leverages Patni's integration experience within the middle- and back-office business areas both for IT services and business process outsourcing. Combining the services and product capabilities of both organizations adds a dimension to the portfolio accounting conversion and integration space that has not been available in the market until now."