Eagle Asia-Pacific managing director John Legrand said China is a key market for Eagle and new investment shows the firm’s long-term investment and commitment to China.
"Over the past four years, we have seen an increasing number of Chinese financial institutions place considerable attention on data management and increased efficiencies as central components of their risk management strategy," Legrand said.
For Beijing office, Eagle has named two officers such as Tian Cheng as head of business development for China, while Yong Wang has been named as a product specialist for Eagle in China.
Cheng Cheng has more than 15 years experience in technology and financial services and has held senior positions with Camelot, IBM, and Symantec.
Wang, a senior risk and performance analyst with extensive knowledge of the mutual funds business has joined the firm from JP Morgan Asset Management, who has optimum experience in both asset management and commercial banking in the UK and China.
The above-mentioned firm is a subsidiary of BNY Mellon has also Asia-Pacific offices in Singapore and India.
BNY Mellon operates in 36 countries and serving more than 100 markets, which has $25.8 trillion in assets under custody and administration and $1.26 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day.
