diff --git a/Control/AthenaConfiguration/python/AllConfigFlags.py b/Control/AthenaConfiguration/python/AllConfigFlags.py
index a4b9b4cf06bca91c0dd5f3db0c93754b41c4fe1e..e5be898d987fa04e401a946c05a89c91c1d5664a 100644
--- a/Control/AthenaConfiguration/python/AllConfigFlags.py
+++ b/Control/AthenaConfiguration/python/AllConfigFlags.py
@@ -198,6 +198,11 @@ def _createCfgFlags():
         return dqf
     _addFlagsCategory(acf, "DQ", __dq, 'AthenaMonitoring' )
 
+    def __perfmon():
+        from PerfMonComps.PerfMonConfigFlags import createPerfMonConfigFlags
+        return createPerfMonConfigFlags()
+    _addFlagsCategory(acf, "PerfMon", __perfmon, 'PerfMonComps')
+
     return acf
 
 
diff --git a/Control/PerformanceMonitoring/PerfMonComps/python/PerfMonCompsConfig.py b/Control/PerformanceMonitoring/PerfMonComps/python/PerfMonCompsConfig.py
new file mode 100644
index 0000000000000000000000000000000000000000..8f41afd32b225f955498a2fc3069139e79572ffd
--- /dev/null
+++ b/Control/PerformanceMonitoring/PerfMonComps/python/PerfMonCompsConfig.py
@@ -0,0 +1,52 @@
+#!/usr/bin/env python
+
+# Copyright (C) 2002-2020 CERN for the benefit of the ATLAS collaboration
+
+from AthenaConfiguration.ComponentAccumulator import ComponentAccumulator
+from AthenaConfiguration.ComponentFactory import CompFactory
+from AthenaCommon.Logging import logging
+
+## A minimal new-style configuration for PerfMonMTSvc
+def PerfMonMTSvcCfg(flags, **kwargs):
+    """ Configuring PerfMonMTSvc """
+   
+    # Get the logger
+    log = logging.getLogger("PerfMonMTSvcCfg")
+    log.info("Configuring PerfMonMTSvc with flags:")
+    log.info("  >> doFastMonMT {}".format(flags.PerfMon.doFastMonMT))
+    log.info("  >> doFullMonMT {}".format(flags.PerfMon.doFullMonMT))
+
+    # Check if basic monitoring is asked for
+    if not flags.PerfMon.doFastMonMT and not flags.PerfMon.doFullMonMT:
+        log.info("Nothing to be done...")
+        return ComponentAccumulator()
+
+    # Hook to PerfMonMTSvc
+    PerfMonMTSvc = CompFactory.PerfMonMTSvc
+
+    # Set the main properties for the service
+    import os,psutil
+    kwargs.setdefault("wallTimeOffset",
+                      psutil.Process(os.getpid()).create_time() * 1000)
+    kwargs.setdefault("numberOfThreads",
+                      max(1,flags.Concurrency.NumThreads))
+    kwargs.setdefault("numberOfSlots",
+                      max(1,flags.Concurrency.NumConcurrentEvents))
+    kwargs.setdefault("doComponentLevelMonitoring",
+                      flags.PerfMon.doFullMonMT)
+
+    # Get CA and add the service 
+    acc = ComponentAccumulator()
+    acc.addService(PerfMonMTSvc(**kwargs), create=True)
+
+    # Enable the auditors that are necessarry for the service
+    acc.setAppProperty("AuditAlgorithms", True)
+    acc.setAppProperty("AuditTools", True)
+    acc.setAppProperty("AuditServices", True)
+
+    # Add the algorithm that is necessary for the service
+    PerfMonMTAlg = CompFactory.PerfMonMTAlg
+    acc.addEventAlgo(PerfMonMTAlg(), sequenceName='AthAlgSeq')
+    
+    # Return the CA
+    return acc
diff --git a/Control/PerformanceMonitoring/PerfMonComps/python/PerfMonConfigFlags.py b/Control/PerformanceMonitoring/PerfMonComps/python/PerfMonConfigFlags.py
new file mode 100644
index 0000000000000000000000000000000000000000..353af4479999516aaa9078ef398d8d691e12bed8
--- /dev/null
+++ b/Control/PerformanceMonitoring/PerfMonComps/python/PerfMonConfigFlags.py
@@ -0,0 +1,12 @@
+# Copyright (C) 2002-2020 CERN for the benefit of the ATLAS collaboration
+
+from AthenaConfiguration.AthConfigFlags import AthConfigFlags
+
+def createPerfMonConfigFlags():
+    pcf = AthConfigFlags()
+
+    # Two basic flags for PerfMonMT
+    pcf.addFlag('PerfMon.doFastMonMT', False)
+    pcf.addFlag('PerfMon.doFullMonMT', False)
+    
+    return pcf