16-04-2020

Amundi and CACEIS create a « Front-to-Back » offering for institutional investors and asset managers

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.

Amundi and CACEIS create a « Front-to-Back » offering for institutional investors and asset managers

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.

CACEIS is the asset servicing banking group of Crédit Agricole and Santander dedicated to asset managers, insurance companies, pension funds, banks, brokers and corporate clients. Through offices across Europe, North and South America, and Asia, CACEIS offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary and fund administration, fund distribution support, middle office outsourcing and issuer services. With assets under custody of €3.9 trillion and assets under administration of €2.1 trillion, CACEIS is a European leader in asset servicing and one of the major players worldwide (figures as of 31 December 2019).

www.caceis.com

 

Amundi, the leading European asset manager, ranking among the top 10 global players[1], offers its 100 million clients - retail investors, institutional investors and companies - a complete range of savings and investment solutions in active and passive management, in traditional or real assets.

With its six international investment hubs[2], financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.

Amundi clients benefit from the expertise and advice of 4,500 employees in nearly 40 countries. Created in 2010 and listed on the stock exchange in 2015, Amundi currently manages more than €1.6 trillion of assets[3].

 

Amundi, a Trusted Partner, working every day in the interest of its clients and society

 

 

  1. ^ [1]Source: IPE “Top 400 asset managers” published in June 2019, based on assets under management at 31 December 2018
  2. ^ [2]Boston, Dublin, London, Milan, Paris and Tokyo
  3. ^ [3]Amundi data as at 31/12/2019
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