Amundi technology has increased each year since the company was created in 2021 by the largest European asset manager, Amundi Group, which belongs to the French bank Crédit Agricole. The group’s technological branch examines acquisitions because it aims to gain strength in Asia and wealth.
Guillaume Lesage, head of operations at Amundi, whose responsibilities include the technological company, told Markets Media that segment grew up year after year. The company was launched on Amundi’s ability to develop and implement software and transform operational models for its own needs, as after the acquisition of Pioneer investments, and this capacity was then offered to external customers.
Valerie Baudson, Amundi
Lesage said that in 2021, Amundi technology had $ 23 million in income, which increased to $ 80 million, with organic growth of around 22%. During the first quarter of 2025, the group indicated that income for Amundi technology had increased by 46% compared to the same period last year. Valérie Baudson, CEO of the Amundi group, described Amundi Technology as one of its “main growth pillars”.
Lesage said that the financial industry needs technology because it wishes “asset management as a service”. Thanks to its cloud -based alto suite, Amundi Technology offers a range of solutions, including portfolio management systems, discretionary portfolio management platforms and savings software and specialized solutions.
“The regulations are complex, it therefore becomes very difficult to build and maintain technology if you are an asset manager with less than $ 300 billion under management,” he added.
Wealth
The results of the first quarter of Amundi were stimulated by a contribution of the acquisition of Aixigo by last year, which developed a platform of wealth technology which is entirely based on APIs and makes it possible to quickly and easily deploy the existing infrastructures of banks and financial intermediaries.
Lesage explained that banks have solid technology in payments, loans and investment banks, but have not invested enough in tools for advisers, tools that advisers and wealth customers use directly and mandate management. For example, a major bank that has a budget of $ 4 billion spent only $ 50 million in opinion.
Aixigo, based in German, is 20 years old and Lesage said that the company already has 20 customers, including large banks.
“Aixigo has developed an impressive set of 30 APIs that can be integrated into a bank’s system,” added Lesage. “Integration is over and we started winning customers.”
In May of this year, AJ Bell, the British wealth platform which is aimed at retail investors, individuals and institutional customers, chose the AMUNI Technology alto investment platform to rationalize portfolio management processes, increase automation and support its Growth plans. AJ Bell’s assets under management reached 7.5 billion pounds Sterling during its last commercial update.
Guillaume Lesage, Amundi
Lesage said: “AJ Bell is an important company in wealth and technology very oriented towards technology, so we are satisfied that they have confidence in us. We will not only provide technology to AJ Bell but also our execution activities.”
Amundi already has 30 customers who use its trading services and it is the first customer in the United Kingdom, according to Lesage.
In one year, Amundi technology wants to be much stronger in Asia and wealth. Lesage said that the company had won some customers in Asia and is one of the only two non -Chinese companies to have Fintech status in China, reserved for very large banks.
“We have started to examine the acquisitions that accelerate our development, our skills, our fantastic people or the new geographies, which was the case with Aixigo,” added Lesage.
IA
Weat is one of the three themes of At the top of the spirit of Lesage, alongside artificial intelligence and open source. He said that Amundi had invested very early in AI and developed his own environment, Alto Studio. Users can access all ALTO data and generative AI engines like Chatgpt and Mistral in a secure environment.
There is a lot of request from asset managers who want to enter AI, but do not want to take the risk of going to the public cloud and Lesage thinks that it will be a major area of growth.
“Half of our employees use Alto Studio every week, we have developed 20 requests and the next step would be to provide this customers,” Lesage said. “We first make our own kitchen, we test it for a long time, then we offer it to our customers.”
Fund the liquidity of the channel
Amundi also jointly has Fund Channel, a B2B fund distribution platform, with CACEIS, the banking group of Crédit Agricole and Santander asset services. The platform is supported by Amundi Technology.
“In the past five years, the fund channel has turned into a real market between distributors and asset managers,” Lesage said. “Today, they have 600 asset managers, 100 distributors and 521 billion euros for which they finance execution, data, management, business intelligence, know your client (KYC).”
Fund Channel Liquidity was created in September of last year and the first customer will join this month, according to Lesage. The online platform aims to simplify and optimize liquidity management for treasurers across Europe
Lesage said: “A new type of customer, companies and more specifically the treasurers of these companies, buy funds from the money market directly from fund managers and are looking for a market in Europe.”
Competition
Lesage believes that an Amundi technology differentiator is its scale and support for the group. He argued that The choice of a system is now so strategic that the decision is taken by the Managing Director, and they want to associate with companies that will be there for a long time.
“Companies in Europe and Asia are increasingly examining European solutions, and today the main offers are only American,” said Lesage. “They want modern solutions and the viola is under 15, open source, digital, based on the API and ensures stability.”
Blackrock, the US Asset Manager, also offers its Aladdin technological platform to external customers.
Source: Blackrock
Sudhir Nair, a global Aladdin manager, said in the BlackRock investor day on June 12, 2025 that the fact that BlackRock I The largest user of Aladdin allows the company to only listen to market changes and adapt the needs of customers.
“This user provider model, in many ways, continues to be our special sauce,” he said.
Sudhir Nair, Blackrock
Nair added that Aladdin began as a risk management system supporting fixed income securities in BlackRock, but grew up to cover the end -to -end investment cycle. The objective is that Aladdin becomes the common language in all portfolios.
Blackrock said it was aimed at accelerating technology and data growth by widening its private market capacities. Building new tools to support the transition from Wealth Management to the discretion, by building the native accounting capacities of Aladdin, pioneer innovations through digital assets and tokenization and allowing new ways to manage data in a world first, Nair Said Blackrock seeks to integrate AI into all aspects of Addin.
“By opening Aladdin, having a world class series of API and connection points for third parties, we continue to build Aladdin as a platform,” he added.
Source: Blackrock
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