Groupama Asset Management has entered a strategic partnership with Amundi Intermediation to accelerate the transformation of its execution business.
Eric Heleine
The partnership will see Groupama AM combine its team of traders with Amundi Intermediation to help achieve its ambitions.
Alongside this, Groupama AM will gain access to a wider range of activity with improved negotiating power, allowing the firm to better serve its clients and optimise its performance, the pair said.
Meanwhile, Amundi Intermediation’s international teams – which consist of over 60 staff – will be strengthened by the addition of Groupama AM’s traders.
“With Amundi Intermediation, we share the conviction that execution is changing radically with rapid and global digitalisation,” said Eric Heleine, head of the intermediation desk and overlay management at Groupama Asset Management.
“[…] By making the most of advances in AI and data science, Groupama Asset Management and Amundi Intermediation aspire to define new standards of excellence in transaction execution, while strengthening the teams’ ability to respond quickly and precisely to market challenges.”
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Groupama AM will interface its existing technology architecture with Amundi Technology’s ALTO ecosystem, which is used by Amundi Intermediation teams. As a result, Groupama AM will have increased execution, innovation and investment capacity to coincide with the digital transition of its business.
“We are delighted with this partnership with Groupama AM, a leading player, which will enable us to continue to develop our capabilities and provide Groupama AM with a comprehensive, robust and innovative system to offer end investors the best possible conditions,” said Christophe Kieffer, chief executive of Amundi Intermediation.