BNY Mellon and Amundi Form Strategic Alliance

BNY Mellon and Amundi announced a transatlantic collaboration to power growth of both companies by integrating complementary capabilities and establishing new integration points between the firms. This alliance immediately translates in the technological integration of BNY Mellon OMNI, a client- and data-centric securities services platform, and Amundi’s ALTO, its portfolio management system, across multiple areas that aim to deliver significant benefits, including integrated portfolio management and risk management tools, and operational efficiencies for common clients. This alliance aims to deliver an automated and simplified 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.