As part of a new partnership arrangement, asset manager BlackRock will host its Aladdin investment management and operations system on the Microsoft Azure cloud platform.
BlackRock said that using Azure will accelerate innovation on Aladdin and enhance the client experience. Azure’s network of global data centers and capabilities will also be used to meet the localized needs of Aladdin clients, BlackRock said in a release.
In addition to BlackRock’s use of the network, the two companies will work together on initiatives that leverage technology to improve and expand sustainability data and analytics.
“The lack of standardized, high-quality data remains a significant hurdle in understanding the impact of sustainability-related risk on investment portfolios and company performance,” BlackRock said, adding that the two firms will invite collaboration from academics, startups, non-profits or others on sustainability-related analytics.
Orion adds new model portfolios and SMAs under expanded JPMorgan tie-up, while eMoney boosts its planning software capabilities.
National survey of workers exposes widespread retirement planning challenges for Gen Z, Millennials, Gen X, and Boomers.
While the choice for advisors to "die at their desks" might been wise once upon a time, higher acquisition multiples and innovations in deal structures have created more immediate M&A opportunities.
A father-son pair has joined the firm's independent arm in Utah, while a quartet of planning advisors strengthen its employee channel in Louisiana.
Mayer Brown, GWG's law firm, agreed to pay $30 million to resolve conflict of interest claims.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
