Amundi Technology has partnered with capital markets trading and risk solutions provider Murex to deliver OTC derivatives capabilities to investment managers.
Benjamin Lucas
The partnership combines Amundi Technology’s platform for asset managers, insurers, pension funds and family offices, ALTO Investment with Murex’s OTC front-to-back solution.
Through the use of ALTO’s portfolio management features and integrated market data, the combined offering is expected to meet evolving market demands by enabling asset managers to make informed decisions while reducing operational risks.
Murex president, Maroun Eddé said: “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.”
The partnership also integrates Murex’s risk platform MX.3, which aims to enhance operational efficiency and achieve more accurate assessments by providing advanced tools for managing OTC derivatives, including payoff modelling, lifecycle event management and insightful risk analytics.
The two firms have worked together since 2007, and Amundi manages its OTC derivatives portfolios front-to-back through leveraging MX.3.
Benjamin Lucas, chief executive of Amundi Technology said: “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.”
Read more – Migration to Murex’s MX.3 platform
Murex’s platform MX.3 has gained traction in recent years. In May 2024 Commerzbank migrated its foreign exchange, commodities, derivatives, and equities onto it.
Similarly, expansion in May 2023 meant that MX.3 could be directly connected to the London Stock Exchange’s real time market data service, Real-Time – Optimised (RTO), when hosted on Amazon Web Services.