Eagle Investment Systems Granted Authority to Operate Under Federal Information Security Management Act (FISMA)
BOSTON, May 29, 2013 /PRNewswire/ -- Eagle Investment Systems LLC (Eagle), a leading provider of financial services technology and a subsidiary of BNY Mellon, announced that it has been granted "authority to operate" (ATO) under the Federal Information Security Management Act (FISMA). FISMA creates a process for federal agencies to certify and accredit the security of their information management systems.
FISMA authorization can benefit any client leveraging Eagle's secure private cloud, Eagle ACCESSSM, by way of improved security around data and systems. Holding ATO status also allows Eagle to work with and bid on U.S. federal agencies.
To obtain ATO status, Eagle met a stringent set of criteria laid out by FISMA, with a comprehensive project that began in December 2011. This included a detailed review of the National Institute of Standards and Technology (NIST) framework, analyzing more than 250 management, operational and technical controls against an inventory of Eagle ACCESS information systems.
"Our FISMA accreditation is the latest in a series of investments we've undertaken to help ensure the highest level of security for data we manage," said Mal Cullen, Eagle's head of the Americas and Eagle ACCESS. "This not only bolsters support for federal agency clients, but also strengthens our security offering for current and future Eagle ACCESS users. Over the past year, we've invested in people, processes and technology to enhance security and will do more in 2013 to remain the leading secure private cloud solution for financial institutions."
Eagle is committed to helping financial institutions worldwide grow assets efficiently with its innovative portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESSSM. Since 1989, Eagle has deployed trusted solutions and services that create operational efficiencies and help reduce complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon. Additional information is available at www.eagleinvsys.com.
BNY Mellon's Asset Servicing business supports institutional investors in today's fast-evolving markets, safeguarding assets and enhancing the management and administration of client investments through services that process, monitor and measure data from around the world. We leverage our global footprint and local expertise to deliver insight and solutions across every stage of the investment lifecycle.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of March 31, 2013, BNY Mellon had $26.3 trillion in assets under custody and/or administration and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.
SOURCE Eagle Investment Systems LLC