BNY Mellon Selected by VFMC to Support Data Transformation

MELBOURNE, Australia, Dec 17 (Bernama-BUSINESS WIRE) — BNY Mellon, a global leader in investment management and investment services, is pleased to announce that Victorian Funds Management Corporation (VFMC) has selected its Eagle Data Management product to underpin its comprehensive data and IT transformation strategy. The solutions, hosted on Eagle ACCESS℠, a secure private cloud, also include a Managed Services agreement to integrate, clean, enrich and validate multiple sources of investment data into one centralised location and help manage the technology environment for VFMC on a going-forward basis.

As the investment specialist of the government of Victoria in Australia, VFMC manages assets of over $65 billion, and delivers investment and funds-management services to 29 Victorian public authorities and related organisations.

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