BlackRock is rolling out new updates to its flagship Aladdin platform as the asset management giant tries to take over even more of the portfolio management software market. First quarter technology revenues at BlackRock surged 34% year-on-year, driven by continued growth in adoption of Aladdin, as well as the asset manager’s $1.3 billion acquisition of alternative risk analytics provider eFront last year.
Aladdin, ein Akronym für Asset, Liability, and Debt and Derivative Investment Network, ist der Name für ein Datenanalysesystem, das die Risikomanagementplattform des US-amerikanischen Finanzdienstleisters BlackRock ist.
Il s’agit d’un supercalculateur composé de six mille serveurs à haute performance qui surveillent chaque jour près de 20 000 milliards de dollars. Defined contribution (DC) Financial markets advisory (FMA)
Another Aladdin, a technology system developed by BlackRock, the world’s largest asset manager, is also clever. Pour M. Fink, Aladdin est un acronyme : Asset, Liability, Debt and Derivative Investment Network, ou Réseau d’investissements en actifs, passifs, dettes et dérivés. Excluding the impact of eFront, technology revenues increased 13% in the first quarter. That includes tools for fund accounting, fund administration, asset servicing, and middle office capabilities. How BlackRock Became The World's Largest Asset Manager. Contact Information. Aladdin was originally developed for BlackRock’s own asset managers – indeed, the world’s biggest asset management company was created on the back of its proprietary risk analytics and portfolio management system – and is now used by many third-party fund houses. Brinker Capital, a turnkey asset management platform used by more than 5,500 financial advisors and with $21.5 billion at the end of March, said Tuesday it would begin using Aladdin Wealth, a version of the asset manager’s tools. First Name * ... Multi-asset strategies. In Larry Fink's eyes, Aladdin isn't so different from a startup run out of a garage, funded by family and friends. About this role. Aladdin. That’s why it was able to reduce its active equity team by a few dozen people. BlackRock expressly disclaims all warranties, express or implied, statutory or otherwise with respect to the tool (and any results obtained from its use) including, without limitation, all warranties or merchantability, fitness for a particular purpose or use, accuracy, completeness, originality and/or non-infringement. Northern Trust has integrated its asset servicing unit into BlackRock’s portfolio management software Aladdin.
The tool is provided on an "as-is" basis.
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