KFin Technologies joins BlackRock's Aladdin Provider Network
20 December 2024 India
Image: santima/stock.adobe.com
KFin Technologies, a leader in technology and fund administration solutions for asset management, has joined BlackRock's Aladdin Provider network to enhance its operating model with asset managers.
The firms say the collaboration will see KFintech join a growing community of the world's largest asset servicers, enabling it to offer differentiated fund administration and accounting services to clients.
By leveraging the Aladdin platform's propriety data interfaces and workflows, KFintech aims to better integrate the flow of data with asset managers.
This will also enable KFintech to digitise manual processes, align reference data and research fund activity in real-time, and conduct middle office operations on behalf of clients.
Sreekanth Nadella, managing director and CEO of KFin Technologies, says: "We are excited to leverage Aladdin's sophisticated data connectivity capabilities to enhance the service we provide to clients, allowing them to benefit from a more streamlined operating model, increased automation, and a reduction in the risk of errors.
“The collaboration aligns with our vision to deliver transformative and data-driven solutions to the asset managers by expanding our capabilities globally.”
Tarek Chouman, global head of Aladdin Client Business, BlackRock, comments: "We are delighted to welcome KFintech to the Aladdin Provider network and enable our shared clients to connect data seamlessly through a single platform and bring clarity and efficiency to the entire investment workflow."
The firms say the collaboration will see KFintech join a growing community of the world's largest asset servicers, enabling it to offer differentiated fund administration and accounting services to clients.
By leveraging the Aladdin platform's propriety data interfaces and workflows, KFintech aims to better integrate the flow of data with asset managers.
This will also enable KFintech to digitise manual processes, align reference data and research fund activity in real-time, and conduct middle office operations on behalf of clients.
Sreekanth Nadella, managing director and CEO of KFin Technologies, says: "We are excited to leverage Aladdin's sophisticated data connectivity capabilities to enhance the service we provide to clients, allowing them to benefit from a more streamlined operating model, increased automation, and a reduction in the risk of errors.
“The collaboration aligns with our vision to deliver transformative and data-driven solutions to the asset managers by expanding our capabilities globally.”
Tarek Chouman, global head of Aladdin Client Business, BlackRock, comments: "We are delighted to welcome KFintech to the Aladdin Provider network and enable our shared clients to connect data seamlessly through a single platform and bring clarity and efficiency to the entire investment workflow."
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