Aladdin (BlackRock)

Aladdin
Developer(s)BlackRock
Initial release1988
TypeFinancial software
LicenseProprietary
WebsiteOfficial website

Aladdin (Asset, Liability and Debt and Derivative Investment Network)[1] is an electronic system built by BlackRock Solutions, the risk management division of the largest investment management corporation, BlackRock, Inc. In 2013, it handled about $11 trillion in assets (including BlackRock's $4.1 trillion assets), which was about 7% of the world's financial assets, and kept track of about 30,000 investment portfolios.[2] As of 2020, Aladdin managed $21.6 trillion in assets.[3]

Senior Managing Director Sudhir Nair is the current Global Head of BlackRock's Aladdin program.[4]

  1. ^ "BlackRock: The $4.3 trillion force". Fortune. 7 July 2014. Retrieved 6 November 2015.
  2. ^ "The monolith and the markets". The Economist. economist.com. 7 December 2013. Retrieved 6 November 2015.
  3. ^ Rebecca Ungarino. Here are 9 fascinating facts to know about BlackRock, the world's largest asset manager popping up in the Biden administration, Business Insider, December 30, 2020
  4. ^ "Sudhir Nair". BlackRock. Retrieved 2022-12-12.