TenDelta integrates loan portfolio management solution for Eaton Vance

TenDelta, a provider of business process consulting, technology design and education services, has completed phase one of an extensive plan to re-design the syndicated loan technology platform at Eaton Vance Management.

TenDelta said that the new platform replaces a number of in-house systems, to provide an integrated workflow-based solution for Eaton Vance's bank loan portfolio management, trading and settlement group.

The new technology platform, which has been live since late July 2009, is currently being used for credit risk and portfolio analysis across Eaton Vance's bank loan portfolio and has been well received by the organization, TenDelta said.

David Lochiatto, fixed income systems manager at Eaton Vance, said: "The Everest implementation is a true example of teamwork between Eaton Vance and TenDelta. TenDelta's ability to provide subject matter expertise, flexibility, project management and a true partner relationship are keys to the success of this implementation.

"TenDelta worked closely with our team, to understand our requirements and tailor Everest for our environment. When selecting a partner for this project, we sought a company with a mature methodology, an understanding of the business we are in and a consistent track record of delivering application development projects. We found that, and more, in TenDelta."

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