BlackRock's flagship investment operations platform - Aladdin - is quickly becoming the core infrastructure for custodian’s front-to-back servicing models.
Microsoft Azure cloud will host BlackRock’s flagship investment operations platform Aladdin to boost computing scale and client experience.
Earlier this year, BNY Mellon's Scharf proposed a move to an ‘open solution model’ where it will work with external providers and platforms.
Custodians are moving to becoming one-stop-shop platforms, enabling investment managers to access a wider range of data and analytics tools.
BNY Mellon plans to deliver real-time trade data, asset prices and cash positions to the 40-50 clients it shares with BlackRock’s Aladdin.