Live Breaking News & Updates on Ower Than The Industry Average Of About 75 Its It Cost Is Around 6 Revenue|Page 1

Amundi Technology, the two-and-a-half year old business line of French asset manager Amundi S.A., shows no signs of slowing down as it continues to gr. ....

Amundi Technology , He Two Anda Half Year Old Business Line Of French Asset Manager Amundi Sa , Hows No Signs Of Slowing Down As It Continues To Grow Revenues And Expand Its Clientele Revenue , Hich Was Up 35 Year On To 48 Million Euros Us 53 11 In 2022 , Rew Another 35 To 13 Million Euros In The First Quarter Of 2023 Compared Same Period Last Year Amundi Chief Operating Officer Guillaume Lesage , Ho Was Responsible For Setting Up Amundi Technology In March 2021 , Aysa Significant Portion Of The First Quarter Revenue Growth Was Driven By Asian Market Amp Ldquo We Have Added Four New Clients In , Nd Three Of Them Are In Asia , Mp Rdquo He Says In An Interview With Asia Asset Management Amundi Hasa Amp Ldquo Strong Presence , Ut We Want To Grow More Rapidly Than The Rest Of Continents Amp Rdquo Ldquo Wheni Look At My Priorities , Ne Of The Key Priorities Is Asia , Mp Rdquo He Adds The New Clients Include Hsbc Securities Services , Hich Will Adopt Amundi Technology Amp Rsquos Alto Digital Platform That Helps Asset Managers And Service Providers In Areas Such As Investment Portfolio Management , Iddle Office And Data Management The Platform Also Provides Users With Tools Needed To Consolidate Environmental , Ocial And Governance Sustainability Analytics To Create Custom Scoring Methodology Other Financial Institutions That Have Already Adopted The Platform In Recent Years Include Soci Amp Eacutet Eacuteg Eacuten Eacute Rale Securities Services Bank Of Ny Mellon Nbsp Ldquo It Is Open Source Natively Cloud Based Rsquos Software Asa Service Totally Different Froma Lot Our Competitors They Chose Us Because Fresh Technology , T Is Modular , Nd They Can Plug It Into Their System Easily , Mp Rdquo Lesage Says He Adds That Clients Choose To Work With Amundi Technology Because They Are In The Same Business Amp Ldquo There Rsquo Sa Saying We Eat Our Own Cooking , Mp Rdquo He Says Amp Ldquo They Appreciate That We Understand The Business , Nd That We Are Both The Technology Provider As Well Service Amp Rdquo Integrating It Amundi Places Strong Emphasis On Constantly Developing And Improving Its , Hich Helps It To Operate More Efficiently Than Peers As Lesage Puts , Echnology Is The Amp Ldquo Centre Of All Activities In Finance And Asset Management Industry Rdquo There No Way We Can Serve Our Clients Grow Business Withouta Strong Technology Focus , Mp Rdquo He Says Amp Nbsp Amundi Acquired French Rival Lyxor Asset Management In June 2022 And Was Able To Integrate Both Their It Systems Less Thana Year Ldquoi Have Been The Finance Sector For 30 Years , Ndi Have Done Multiple Mergersi Can Tell You Of Some Cases Where The Companies Were Not Able To Integrate Systems Even After Three Years Merger , Mp Rdquo Lesage Says Amp Ldquo It Is Great That We Were Able To Integrate Within Nine Months , Nd That Amp Rsquos The Power Of Technology Rdquo Nbsp He Observes Faster It Integration Allows Companies Undergoing Mergers To Operate Ata Speed Ldquo When You Spenda Lot Time Trying Merge Your Company ,