BNY Mellon Chooses ALTO* Investment Compliance

BNY Mellon and Amundi announced that BNY Mellon has chosen Amundi Technology and the ALTO platform to ensure trustee controls and compliance monitoring for Depositary and Fund Administration duties. The solution will be deployed into BNY Mellon global operations according to a story in MarketsMedia news. ALTO* Investment Compliance is a component of the ALTO* Asset Servicing offering dedicated to custodians and administrators within the global ALTO* Investment framework. It provides an open-source, private cloud-based technology and covers the entire trustee control value chain, including flexible rule coding interfaces (regulatory, prospectus or client-specific constraints), interactive breach management and 360° oversight dashboards and compliance reporting factory.