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.
Tag: BlackRock
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 faces call to spin off asset management arm from influential think tank
The American Economic Liberties Project says that the law should be amended to separate systemically important infrastructure activities from other lines of business.
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.
JP Morgan leverages start-up tech for custody onboarding and runs successful trial with BlackRock
Custodian pilots new solution with BlackRock, digitising the custody account opening workflow through Saphyre’s technology.
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.
HSBC appointed by BlackRock for first master-feeder ETF in Hong Kong
The new ETF follows a ruling from Hong Kong’s SFC which relaxes rules for the master-feeder regime in the territory.