Adrian JohnsonTLDR:
- Benjamin Lucas became the CEO of Amundi Technology last year with a focus on internationalizing the business.
- Amundi Technology aims to become a first-class provider of technology and services in the savings value chain.
In April of last year, Benjamin Lucas was appointed as the chief executive of Amundi Technology, a division of the European asset manager dedicated to providing technology products and services for the savings and fund management industry. Lucas emphasized the importance of internationalization in the technology sector, as many clients view technology as a way to drive cultural transformation and growth. Amundi Technology saw a majority of its recent clients coming from outside France, signaling a promising global market reach.
Amundi Technology announced its growth strategy in 2022, setting ambitious goals to become a leading provider of technology and services across the entire savings value chain. The firm aims to address the needs of clients looking to scale and expand geographically. Lucas highlighted the success of the company in areas like wealth management and private banking, showcasing its robust development teams and innovative capabilities.
Valérie Baudson, CEO of Amundi, emphasized the importance of technology and services as a key growth driver for the group. The technology business line saw a revenue increase of 24% year-on-year and gained 10 new clients in 2023. The group has set a target of growing technology revenues to €150m by 2025, showcasing a commitment to innovation and client satisfaction.
Overall, Amundi Technology’s strategic focus on international expansion, innovative technology solutions, and strong client relationships positions it as a competitive player in the asset management industry.