CACEIS and Amundi partner on front-to-back offering
20 April 2020 London
Image: alphaspirit/Shutterstock
Amundi and CACEIS have teamed up to launch a new solution for institutional investors and asset managers.
The new offering brings together Amundi Services’ ALTO platform, which provides front office services and CACEIS’ middle- and back-office services.
CACEIS said the new solution will provide 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; and reduced operational costs.
Joe Saliba, Deputy CEO of CACEIS, said: “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, added: "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.”
The new offering brings together Amundi Services’ ALTO platform, which provides front office services and CACEIS’ middle- and back-office services.
CACEIS said the new solution will provide 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; and reduced operational costs.
Joe Saliba, Deputy CEO of CACEIS, said: “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, added: "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.”
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