Amundi Technology and Murex have joined forces to offer a unified solution for investment managers by integrating ALTO’s multi-asset capabilities with Murex’s OTC front-to-back offerings.
The partnership enables clients of Amundi Technology to incorporate Murex’s functionalities via ALTO Investment, which caters to asset managers, insurers, pension funds, and family offices.
The ALTO platform facilitates asset management through its portfolio management features and market data integration, aiding asset managers in making informed decisions while mitigating operational risks. By adopting this integrated solution, clients can access a comprehensive system that meets current market requirements.
Through ALTO’s open architecture, clients can utilise Murex’s wide-ranging instrument coverage and OTC functionalities.
The integration with the Murex MX.3 platform offers tools for managing OTC derivatives, including payoff modelling, lifecycle management, and risk analytics, aimed at improving operational efficiency and precise assessments.
Since 2007, Amundi has employed MX.3 for managing its OTC derivatives portfolios, showcasing a long-standing partnership with Murex.
Murex president Maroun Eddé said: “We are delighted to be building on our long-standing relationship with Amundi Group. Our companies share a commitment to excellence in technology, research and development.
“Through this new agreement, Amundi Technology clients will have access to Murex’s extensive global OTC derivatives coverage, which is used daily by Amundi Group’s asset management companies around the world. The integration of Murex’s market-leading OTC derivatives capabilities will support ALTO client expansion into the most complex portfolio strategies.”
Amundi Technology CEO Benjamin Lucas said: “Investment managers are pursuing increasingly complex strategies and demanding more advanced OTC functionality.
“ALTO clients can now have the OTC processing power they need through our partnership with Murex, all in a single solution provided by Amundi Technology. This is another example of how an open architecture can help investment managers to simplify their operating models by connecting market-leading solutions in a single platform.”
In November last year, Amundi acquired aixigo, a German company that provides software solutions for financial institutions, for €149m.
