BLACKROCK-ALADDIN

BlackRock Aladdin asset management / capital markets platform.

Definition

BlackRock Aladdin (Asset, Liability, Debt + Derivative Investment Network) is BlackRock Solutions division's flagship investment management platform (BlackRock Inc., New York, ~$11T+ AUM 2024 + Aladdin ~$1B+ revenue 2023), end-to-end buy-side platform (portfolio management + risk + trading + operations + accounting + reporting + ESG), used by ~200+ institutions globally (~$22T+ AUM managed via Aladdin) including sovereign wealth funds + insurance + pension funds + asset managers. Platform + workflow + integration multiple buy-side + sell-side financial services institutions + asset managers + hedge funds + insurance + pension funds + capital markets multi-asset class trading + portfolio management + risk + compliance + reporting + multiple ecosystem integrations FIX + SWIFT + ISO 20022 + custom APIs + data vendors integration mature platforms decades-deployed enterprise scale.

Origin

BlackRock founded 1988 ; Aladdin developed ~late 1980s internal ; commercialized BlackRock Solutions ~1999 ; ~$22T+ AUM serviced via Aladdin 2024.

Example in context

Norges Bank Investment Management (Norwegian sovereign wealth fund ~$1.6T AUM, largest globally) uses BlackRock Aladdin platform: end-to-end portfolio management + risk + trading + accounting + reporting all unified single platform managing fund's diversified global multi-asset portfolio across equities + fixed income + real estate + infrastructure investments worldwide.

Related terms

• Bloomberg AIM — competitor enterprise buy-side.