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.
Tag: BlackRock
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.
Custody
Mass arrival of semi-transparent ETFs presents new opportunities for custodians
With some of the world's largest ETF issuers launching new semi-transparent products, custodians and fund administrators are in a unique opportunity to bridge the gap between the active and passive investment community.
Custody
Northern Trust signs alliance with BlackRock as part of a new ‘whole office’ strategy
Chicago-headquartered custodian has created a service to cover all points of the investment lifecycle with landmark BlackRock partnership becoming a key component of the plan.
BlackRock begins multi-year project to diversify custody relationships for $2 trillion iShares assets
BlackRock has launched a Request for Proposal (RFP) to global custodians to bid for its US and Irish iShares funds’ assets.