Amundi, Europe’s top asset manager, and AJ Bell, one of the UK’s biggest investment platforms, have expanded their strategic partnership. AJ Bell has selected Amundi Technology’s ALTO platform to enhance its portfolio management operations and accelerate future growth.
AJ Bell Investments, which serves a broad range of clients—from retail investors to high-net-worth individuals and institutions—identified ALTO as the scalable infrastructure it needs to support rising demand. As of the latest trading update, AJ Bell reported £7.5 billion in assets under management, underscoring the importance of a more advanced digital solution.
This move reflects a growing industry trend toward leveraging innovative fintech to boost operational efficiency and client outcomes.
Amundi Technology is set to address these challenges by offering a portfolio management system that integrates seamlessly with AJ Bell’s existing operations. The key benefits of this partnership include:
- Enhanced Efficiency: By transitioning from manual processes to an automated system, AJ Bell will significantly improve operational efficiency.
- Scalability: The new solution will provide the flexibility to scale its operations as it grows, ensuring it can meet the increasing demands of its clients.
- Integrated Services will benefit from a unified operating model that combines technology, data management and dealing services, allowing for a more streamlined and cost-effective approach to portfolio management.
Ryan Hughes, Managing Director at AJ Bell Investments stated, “We are delighted to partner with Amundi Technology as we continue to grow our business. The technology platform provided by Amundi will significantly improve our operational efficiency and facilitate our future growth as we look to capitalise on the continued demand for our simple, transparent and low cost investment solutions.”
Benjamin Lucas, CEO of Amundi Technology, stated, “We are thrilled to welcome AJ Bell, a longstanding client of Amundi, on our technology platform. Our technology solutions are designed to empower asset managers to achieve their goals efficiently and effectively. This new development of our partnership showcases our commitment to providing solutions across the entire value chain and reinforces our position as a leading provider of asset management technology services.”