04.17.2020

Amundi Launches Front To Back Office Outsourcing

04.17.2020

Amundi and CACEIS, leading European firms in their respective fields of asset management and asset servicing, are launching a new solution designed for institutional investors and asset managers. This solution brings together Amundi Services’ ALTO* platform, which provides front office services and CACEIS’ middle office and back office services.

The new offer from Amundi Services and CACEIS provides numerous benefits:

– a unique outsourcing solution, with broad market coverage across all the main asset classes in full compliance with all regulatory requirements;

– optimised integration of market transactions across the entire value chain from front to back office;

– reduced operational costs thanks to the fully integrated architecture of the solution.

Joe Saliba, Deputy CEO of CACEIS comments: “Combining CACEIS’ and Amundi Services’ expertise enables us to extend the scope of our “Execution-to-Custody” model to include processing of front office operations. The new outsourcing solution guarantees rigorous operational management across the entire value chain and will contribute to achieving our client’s efficiency objectives.”

Joseph El Gharib, Director of Amundi Services adds: “We are delighted to be able to integrate Amundi’s ALTO * platform with CACEIS’ offer. Institutional investors and asset managers can now benefit from this turnkey offer covering the transaction lifecycle, combining solidity and flexibility”.

*ALTO: Amundi Leading Technologies & Operations is Amundi’s portfolio management system, an integrated software package covering the order and execution entire lifecycle: portfolio analysis, pre- and post-trade compliance, risk, performance, transaction processing,position keeping, reporting and data management.

Source: Amundi

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