Northern Trust has created a service to cover all points of the investment lifecycle with landmark BlackRock partnership a key component of the plan.
BlackRock, Wells Fargo and Flow Traders are among those backing US challenger exchange group MEMX in recent funding round.
Initial responses to the MiFID II review consultation reveal that asset managers are keen for a consolidated tape before any major changes to the rules are implemented.
Agreement between custodian and asset manager will include BNP Paribas using Aladdin to perform middle-office outsourced services.
BlackRock onboards new Aladdin clients as platform processes record volumes despite COVID-19 disruption
Seven new clients have been onboarded to Aladdin in recent weeks despite most of the BlackRock workforce working remotely.
Microsoft Azure cloud will host BlackRock’s flagship investment operations platform Aladdin to boost computing scale and client experience.
Chief executive at BlackRock Larry Fink said not enough buy-side firms have invested in technology since the financial crisis.
Charities globally, including food banks, will gain support from BlackRock as it says companies everywhere face ‘stark test’ amid coronavirus pandemic.
ICE Bonds and BlackRock provide automated execution for portfolio trading as protocol continues to rise in popularity with the buy-side.
Larry Fink tells investors that BlackRock will use the eFront platform to add ‘sustainability sleeves’ to the Aladdin system.