I assume that format of Column 'E' is "text". You will need to split the contents of the cell into two distinct columns before you can really start working with it. It seems a bit silly that BenchVue doesn't do this for you.
Assuming that the data mask doesn't change (i.e.: Values are always yyyy-mm-dd hh:mm:ss.xxx) you can use the following formula in a new column to extract the date from your original data and display it in the correct order:
=DATE(LEFT(E2,4),MID(E2,6,2),MID(E2,9,2))
As for the time, use this formula in another column:
=RIGHT(E2,12) or =MID(E2,12,8) if you just want hh:mm:ss
It will mean though you have two sets of date/time, but you can always hide column E if you don't want to see it.