HSBC has signed a deal to offer BlackRock's Aladdin investment management software to the bank's wealthy customers, in a boost to the US asset manager's plans to make money from its technology by selling it to rivals. Aladdin Wealth is tool that enables portfolio analysis, taking into account weight and risk management. Aladdin has largely been used in asset management since its creation over 30 years ago, and was recently picked by Santander Asset Management to drive it digital transforma...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
