State Street to take on M&G middle-office through BlackRock Aladdin
Custodians are now more willing to use the third-party front- and middle-office platform of their client’s choice for large asset servicing deals.
Tag: Aladdin
Standard Chartered integrates BlackRock Aladdin for Asia, Africa and the Middle East
For some of the Standard Chartered’s clients, the partnership marks the first integrated front-to-back solution is available for emerging and frontier markets.
BlackRock launches Aladdin Data Cloud to centralise custody data
The launch of the solution comes as BlackRock looks to make its Aladdin Provider platform a core infrastructure used between investment managers and asset servicers.
A custody world seeking a new identity enters the front-to-back era
Mandates are being won and lost on front-to-back capabilities, meaning we are likely to see more partnerships between custodians and front-office providers. What does this shift mean for the future custody landscape and what are the costs and opportunities of these moves?
BNY Mellon and BlackRock expand alliance to give greater freedom of choice on middle-office
Agreement will allow custodian’s asset servicing business to operate BlackRock Aladdin’s middle-office service on behalf of common strategic clients for a more integrated front-to-back model.
HSBC becomes latest global custodian to join BlackRock Aladdin’s network
HSBC will begin rolling out its securities services offering on the Aladdin Provider platform to clients globally from 1H2021, starting in Hong Kong and Singapore.
Industry expert warns of complications in separating ‘church from state’ following call for division of custodian and asset management units
The suggestion by an influential US think tank last week could have a significant impact on other custodians in the market if such a move was widely enforced.
State Street CEO plays down front-to-back platform competition
State Street’s acquisition of Charles River sparked a ripple effect of rival custodians partnering with BlackRock’s Aladdin, but the bank’s chief says the real competition is still with Excel spreadsheets.
BlackRock Aladdin veteran joins IHS Markit financial services solutions division in senior role
IHS Markit hires 20-year BlackRock veteran who most recently led the development of post-trade and outsourcing capabilities of its flagship Aladdin platform.
Custody
How BlackRock plans for Aladdin to become the investment ops language for custodians
BlackRock's flagship investment operations platform - Aladdin - is quickly becoming the core infrastructure for custodian’s front-to-back servicing models.