BNY Mellon and Amundi have partnered to integrate BNY Mellon’s securities services platform OMNI and Amundi’s portfolio management system ALTO.
The partnership aimed to deliver an automated and simplified workflow throughout the investment cycle of securities held in portfolios, prioritise the consistency of data between the portfolio and depositary, enhance risk management and optimise investment decision making for asset managers.
The integration would deliver real time actionable insights and would use applications for the analysis and optimization of portfolio positions, cash management and net asset value (NAV) analysis.
This aimed to deliver an automated workflow throughout the investment cycle of securities held in portfolios, to prioritize consistency of data between the portfolio and the depositary, to enhance risk management and optimize investment decision-making for asset managers.
Roman Regelman, chief executive of BNY Mellon Asset Servicing and head of digital, said the open architecture approach of OMNI allowed seamless integration with ALTO.
“This first phase of our cooperation will focus on front to back operational and liquidity efficiencies as an aspect of priority to portfolio managers, CIO’s [chief investment officers], risk and operational heads,” Regelman said.
Yves Perrier, Amundi chief executive, said: “For the last three years, Amundi has extended these capabilities to our partner clients. This alliance with a leading financial institution such as BNY Mellon will help us access new markets, and expand our geographic coverage”.
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