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.
The Nashville-based RIA platform unveils a branded digital workflow solution designed to fix the onboarding gap that frustrates financial advisors.
Despite relying heavily on Social Security for retirement income, many older Americans doubt the program will deliver full benefits in the future.
BlackRock data shows workers without a financial cushion are far more likely to raid their 401(k) — and less likely to ever start contributing.
With just a small fraction of eligible kids enrolled ahead of the July 4 launch, experts warn lower-income families could be falling behind.
When even perfect portfolios come under pressure from fear or greed, a disciplined and balanced framework can make for better investing decisions.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
