Larry Fink tells investors that BlackRock will use the eFront platform to add ‘sustainability sleeves’ to the Aladdin system.
The TRADE profiles its Rising Stars of Trading and Execution 2019, continuing with Maria Garcia, Christopher Bukogiannis, Sonal Karsan, Jimmy Cole and Sam Vaughan-Jones.
BlackRock, Goldman Sachs, Allianz, JP Morgan and Vanguard are among those raising concerns about CCPs, urging regulators to take action.
BlackRock completed its acquisition of eFront in May, combining the platform with Aladdin to bolster the system’s alternative investment capabilities.
Asset management firms recognise a changing landscape for operations and non-front-office teams as technology and culture evolution continues.
Custodian follows up on BlackRock deal in April with integration of its custody and fund accounting data with most-used OMS in the market.
Peter Sanderson to take helm of GAM as group chief executive officer as of 1 September.
Richard Prager retired as global head of trading, liquidity and investments platform from BlackRock earlier this month.
The increasing use of artificial intelligence and machine learning systems among buy-side firms is in danger of creating a hype bubble – The TRADE examines where asset managers are currently using these technologies to optimise their trading strategies and what pitfalls firms must avoid to (eventually) foster a harmonious trading between man and machine.
Andrew Stephens was with BlackRock for 19 years, most recently as head of UK institutional client business.