BNY partners with BlackRock and AIA 12 July 2024Singapore Reporter: Klea Neza
Image: LeManna/stock.adobe.com
BNY has collaborated with BlackRock and AIA, as part of an end-to-end solution of AIA’s investment platform.
BNY will provide AIA with its specialised investment operations and data management services and technology to create a connected and scalable ecosystem to support AIA’s evolving investment activities, alongside BlackRock’s front office Aladdin platform.
Emily Portney, global head of Asset Servicing at BNY, comments: "We are proud to support AIA in enhancing their investment platform with a new data-driven operating model that will deliver critical insights, elevate the client experience and improve operational efficiency. We are also excited to continue our ongoing collaborative work with BlackRock, to deliver best-in-class solutions for our mutual clients.”
Rob Goldstein, chief operating officer, BlackRock, says: “We are thrilled to engage with AIA to deliver the breadth of Aladdin across AIA’s whole portfolio, including public and private assets, along with the ability to support insurance-specific needs. We look forward to working with BNY to deliver a seamless experience to AIA.”
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