CACEIS and Amundi, Europe's leading asset management company, announced the creation of a joint offering for asset managers and asset owners. The solution covers the entire value chain from front to back office.
Faced with the challenging environment of the asset management industry and growing demand for outsourcing, Amundi and CACEIS have chosen to pool their expertise and offer an entirely new service on the market: a fully integrated front-to-back offering.
The offer combines Amundi's ALTO* portfolio management system and CACEIS' services to bring a turnkey solution. Amundi's front-office services (portfolio analysis, pre-trade compliance checks, order execution) mesh perfectly with CACEIS' middle and back-office services (trade processing, position keeping, reporting, etc.).
Investors will benefit in many ways:
- a unique outsourcing solution, offering broad market coverage across all the main asset classes in full compliance with all regulatory requirements;
- efficient integration of market transactions across the entire value chain from the front to the back office;
- reduced operational costs due to the solution’s fully integrated architecture.
"By combining CACEIS’ and Amundi Services’ expertise, we are extending our "Execution-to-Custody" model to processing front office transactions. This new outsourcing solution guarantees rigorous operational management across the entire value chain and will enable clients to better meet their efficiency objectives," comments Joseph Saliba, Deputy Chief Executive Officer of CACEIS.
Amundi's ALTO solution is robust and proven. In 2019, it has hosted the PIONEER funds, which were migrated to the platform in a smooth process with the support of CACEIS as custodian. CACEIS also has a middle office offering that is both well-proven and comprehensive in scope, which today supports the business needs of over one hundred demanding clients.
This new offering is already attracting close interest from CACEIS clients. The first clients to sign up for the joint offering will be migrated over the summer.
For more information on our Front-to-Back offer, please contact your usual sales contact.
*ALTO: Amundi Leading Technologies & Operations is Amundi's portfolio management system, an integrated software package covering the entire order and execution lifecycle: portfolio analysis, pre- and post-trade compliance, risk, performance, trade processing and position keeping, reporting and data management.