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Asteria IM partners with Amundi for portfolio management system and dealing services

  • December 16, 2020

Katia Coudray, CEO of Asteria IM.

Asteria Investment Managers has adopted asset manager Amundi’s portfolio management system, the Amundi Leading Technologies & Operations (ALTO), for all of its assets under management, and is using Amundi’s dealing services across equities, fixed income, forex and listed derivatives, and all geographies.

Amundi Services provides a buy-side outsourced dealing solution operated by Amundi Intermediation, led by Gianluca Minieri, for all asset classes and geographies. Clients typically join this buy-side dealing community and use the Amundi platform. The dealing teams are organised by asset classes and by markets. The solution covers order reception, order execution – addressing best selection and best execution – plus post-trade middle office processing. Amundi operates four dealing centres, employing 50+ traders and executes more than 2.2 million orders every year.

Asteria IM selected Amundi for technology and operational services based on ALTO’s capacities and flexibility. Amundi proposed a ready-to-use solution personalised to the Asteria IM operating model.

Amundi provides Asteria ALTO using cloud technology but also provides operational services such as order execution, middle office and data management.

Located in Switzerland and a subsidiary of the REYL group, Asteria IM was created in 2019 with the objective of offering new forms of investment. Based on 14 investable UN Sustainable Development Goals, out of 17 in total, Asteria IM's mission is to engage in the major challenges of the 21st century by focusing on impact investing. Asteria IM’s unique strategy enables it to offer services aimed at making each investment responsible based on social and environmental criteria.

Katia Coudray, CEO of Asteria IM said, “At Asteria IM, we develop investment solutions that provide financial performance and have a positive impact on society and the environment. We want to offer our customers the opportunity to work alongside us for a world of tomorrow that is more respectful of our planet while guaranteeing them financial gains. For this, we choose to work with partners who understand our constraints and who can offer us quality tools and service. Amundi offers us a first-rate solution, based on its management experience, which will help us in our current and future growth.”

Joseph El Gharib, Head of Amundi Services, Amundi.

Joseph El Gharib, Director of Amundi Services adds, “We are delighted with this new partnership with Asteria IM and the successful integration of ALTO in Switzerland, in a short period of less than four months. This success strengthens the international dimension of our offer, which is today deployed among external clients in 7 countries.”

Amundi currently manages €1.650 trillion of assets.

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