Asset manager Thomas Miller Investment (TMI) has selected Amundi Technology and its ALTO Investment platform to bolster its operating model and consolidate its investment management systems.
By using ALTO Investment, TMI will leverage a solution covering the entire front-to-back value chain.
The ALTO platform consists of tools including analysis, data management, trading, cash management, investment compliance, performance contribution, reporting, and attribution.
TMI will also benefit from a modular cloud-based system; data connectivity with connections to over 150 data providers; and open APIs for workflow automation, cloud security, and monitoring.
“This strategic partnership is set to significantly enhance our operational efficiency and deliver superior service to our clients, with faster response times and more comprehensive reporting capabilities,” said Mark Moran, chief operating officer at TMI.
Amundi’s ALTO platform will provide real-time data access, improve workflow automation, and streamline middle-office operations. By leveraging Amundi’s expertise, we aim to optimise our operational processes, ensuring greater accuracy and efficiency.”
Amundi Technology’s expertise in middle-office outsourcing will be leveraged by TMI and will be served by a dedicated team within the firm.
Outsourcing middle-office operations to Amundi Technology will also allow the firm to focus more primarily on its core service proposition.
“This new partnership in the UK further demonstrates our ability to serve a wide range of financial companies through our technology platform, helping them achieve their goals by leveraging the latest innovations,” said Olivier Bouteille, chief client officer at Amundi Technology.