Press Release Headlines

Varden Technologies and Merganser Strengthen Commitment to Investment Data Innovations

BOSTON, March 9, 2012 — For Client Reporting, Internal Reporting, and Data Integration – Merganser Capital Management and Varden Technologies celebrate their approaching decade-long relationship with even greater commitment to technical innovations.

Jeffrey Addis, Merganser's Chief Operating Officer, shares, "As our $6.5-billion* firm seeks strategic growth, Varden Technologies remains a trusted partner in our operations and planning. We recognize Varden for their investment technology, data content, and internal, as well as client reporting, expertise. For us, they stand out for their strong client support and partnering approach."

Varden Technologies provides investment technology consulting and reporting application to Merganser. The relationship focuses on enhancements to trading workflow, interactive reporting, and advances across such systems as portfolio accounting, trading, and compliance.

Perry Harris, Varden's President, relates, "From our home base, in Boston, to Los Angeles and in between, from Chicago to New York, Varden team members work hard to continuously earn that trusted position for COOs and CTOs to call upon. Our work with Merganser is a good example."

Varden's Director, Minh Nguyen, adds, "Across two OMS implementations, numerous data integration projects, and a strategic deployment of our internal and client reporting system, eReportal, Merganser and Varden enjoy a successful relationship. Together, we look forward to a greater future where, for example, competitive advantages can be gained by targeting a functional overlaid to complex investment data assets."

In 2012 and beyond, the two firms intend to accomplish a set of projects that will support Merganser's growth trajectory. These projects are anticipated to include even greater operational efficiency, driven by intelligent reporting, data governance, workflow guidance, and responsive client servicing.

About Merganser Capital Management

Merganser serves the fixed income investment needs of institutional clients. Since 1985, Merganser has worked to deliver consistent results and high-quality service in order to build strong and lasting relationships with institutional investment management clients. Based in Boston and New York, Merganser offers cash enhancement, short term bond, intermediate bond, core bond, ABS and inflation-protected strategies, as well as customized product portfolios.

Merganser is a wholly owned subsidiary of Annaly Capital Management, Inc. Annaly manages assets on behalf of institutional and individual investors worldwide. The Company's principal business objective is to generate net income for distribution to investors from its Investment Securities and from dividends it receives from its subsidiaries, which include registered investment advisors Merganser and the Fixed Income Discount Advisory Company. Annaly is a Maryland corporation that has elected to be taxed as a real estate investment trust ("REIT").

*As of December 31, 2011

About Varden Technologies

Established in 1999, Varden Technologies is an investment technology consulting and development firm. Varden's consulting line focuses on custom warehouse design, vendor search, data integration and system implementation across core disciplines of portfolio accounting, trading, compliance, and performance and attribution. (

Across 90+ global deployments, Varden's investment software division focuses on internal and client reporting. Its flagship product, eReportal, is an investment client reporting platform that targets data/content aggregation, production intelligence, workflow, and client portal publication. As a platform, eReportal can include all of the following parsable sub-platforms: eReportalDeck – an investment sales and marketing content production platform that targets data-driven pitchbook; Matrix – an enterprise recon and exception monitoring platform for operational risk, data governance, and trade/alternative compliance; erCore – a development access layer of eReportal for custom development and modular sourcing of features to target projects such as custom internal reporting (e.g. operational platforms) and portal publication (e.g. client portal and advisory portal).

Varden Technologies, Inc.
211 Congress Street
Boston, MA 02110


Caitlin Hagaman, Marketing Manager
617.482.5902 x322

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