BOSTON, June 2 /PRNewswire/ --

- Project supports outsourced servicing of institutional business to BNY
Mellon Asset Servicing

Eagle Investment Systems LLC, a leading provider of financial services
technology and a subsidiary of The Bank of New York Mellon, announced today
that its data management and mutual fund performance solutions are now in
operation at Eaton Vance after a seven-month project implementation. The
project, managed by Eaton Vance, involved automating and centralizing data
and transitioning from Eagle's hosted mutual fund performance solution to its
installed version.

Eaton Vance selected Eagle's data management solution to improve
operational efficiency and data quality. Eagle's solution helped Eaton Vance
consolidate its view of assets from multiple custodians, centralize its
security reference data, and distribute the data to other middle- and
back-office systems. The automation of data also directly supported Eaton
Vance's decision to outsource the servicing of its institutional business to
BNY Mellon Asset Servicing, which provides back-office, custody, accounting,
and performance services for institutional separate accounts and
non-registered funds.

"We chose Eagle's solution to build our investment systems data warehouse
knowing we had a short timeframe to complete a complex system integration
project. Having previously worked with Eagle, we understood the flexibility
of its solutions and knew what needed to be done to meet our tight deadline
and multiple requirements," said John Shea, vice president and chief
information officer of Eaton Vance. "In collaborating with Eagle, and
applying its best practices, we continue to centralize, automate, and publish
our data to internal and external systems quickly and efficiently."

In 2006, Eaton Vance wanted to migrate to a new system quickly and
efficiently, and the firm selected mutual fund performance via Eagle's ASP
service, Eagle ACCESS, as an interim solution. In doing so, Eaton Vance was
quickly provided access to new performance functionality and increased user
flexibility.

"Eaton Vance's selection of Eagle reinforces our leadership position in
the data management arena," said John Lehner, president of Eagle. "More and
more, we see clients signing with us for smaller-scale projects, which
eventually leads to the selection of additional solutions as their business
needs change. We look forward to growing our relationship with Eaton Vance as
its business needs continue to evolve."

About Eaton Vance

Eaton Vance Corp., a Boston-based investment management firm, is listed
on the New York Stock Exchange under the symbol EV. Through its subsidiaries,
Eaton Vance Corp. advises and distributes investment products for individual
and institutional clients. As of March 31, 2008, the Company had US$150.9
billion of assets under management.

About Eagle Investment Systems

Eagle Investment Systems LLC is a global provider of financial services
technology, serving the world's leading financial institutions. Eagle's
Web-based systems support the complex requirements of firms of any size
including institutional investment managers, mutual funds, hedge funds,
brokers, public funds, plan sponsors, and insurance companies. Eagle is
committed to providing enterprise-wide, leading-edge technology and
professional services for investment accounting, data management, performance
measurement and information delivery. Eagle's product suite is offered as an
installed application or can be hosted via Eagle ACCESS, Eagle's application
service provider. To learn more about Eagle's solutions, contact
sales@eagleinvsys.com or visit www.eagleinvsys.com.

About BNY Mellon Asset Servicing

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of
specialized asset servicing capabilities, including custody and fund
services, securities lending, performance and analytics, back-office services
and execution services. BNY Mellon Asset Servicing provides services through
The Bank of New York, Mellon Bank, N.A. and other related companies.

About The Bank of New York Mellon Corporation

The Bank of New York Mellon Corporation (NYSE: BK) is a global financial
services company focused on helping clients manage and service their
financial assets, operating in 34 countries and serving more than 100
markets. The company is a leading provider of financial services for
institutions, corporations and high-net-worth individuals, providing superior
asset management and wealth management, asset servicing, issuer services,
clearing services and treasury services through a worldwide client-focused
team. It has more than US$23 trillion in assets under custody and
administration, more than US$1.1 trillion in assets under management and
services US$12 trillion in outstanding debt. Additional information is
available at bnymellon.com.

Web site: http://www.eagleinvsys.com
              http://bnymellon.com