Refinitiv’s diversity and inclusion index found that banking and investment services were the most diverse industries, with BlackRock leading the way.
Zion Hilelly spent 20 years at BlackRock, most of which was spent developing the post-trade and outsourcing capabilities of the institution's flagship Aladdin platform.
The recent funding round was led by Dragoneer Investment Group and included private equity firm TPG, as well as funds managed by BlackRock and T. Rowe Price.
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.
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.