Amundi launches front-to-back cloud-based technology line
The French asset manager giant said its new Amundi Technology line will become a new growth driver, with a predicted revenue of €150 million within five years.
The French asset manager giant said its new Amundi Technology line will become a new growth driver, with a predicted revenue of €150 million within five years.
BNY Mellon has kicked off the year with a flurry of ground-breaking announcements. Roman Regelman, CEO of asset servicing and head of digital, speaks to Global Custodian, about its transformational roadmap.
The ability to own the technology stack within a front-to-back service offering has made the tech vendor giant a key partner for hedge funds, according to SS&C Eze general manager Mike Hutner.
Partnerships between custodians and third-party vendors have increased significantly in order to provide services for the full trade lifecycle. GC speaks to SimCorp’s Jochen Mueller about the key drivers behind these moves
State Street continues to bolster its impressive list of clients that are using the Boston-based custodian for full front-to-back office services.
Deal builds on the custodian’s Whole Office proposition which it launched in 2020 following a similar agreement with BlackRock.
Vontobel Asset Management will use State Street Alpha for front-office technology, investment operations and data services, and liquidity risk solutions.
Agreement will allow custodian’s asset servicing business to operate BlackRock Aladdin’s middle-office service on behalf of common strategic clients for a more integrated front-to-back model.
The alliances and the build-out of the OMNI platform has been a key component of BNY Mellon’s asset servicing strategy.