Adding value for asset managers and asset owners by providing access to real-time data.
Standard Chartered will use BlackRock’s Aladdin platform to offer integrated front-to-back-office investment management solutions to mutual clients across Asia, Africa, and the Middle East.
This will complement Standard Chartered’s existing product offerings. It will also add value for asset managers and asset owners by providing access to real-time data and streamlined operational workflows across the investment management lifecycle, delivering improved efficiencies and managing operational risks and costs.
For some of the Bank’s clients, this partnership also marks the first time that an integrated end-to-end solution is available in many of the emerging and frontier markets across its footprint, said Margaret Harwood-Jones co-head financing and securities services at Standard Chartered.
“This collaboration strengthens Standard Chartered’s deep roots throughout rapidly developing markets across our footprint, by expanding the range of solutions we can deliver through a single, unified investment management platform,” she said. “We look forward to further enhancing the sophistication of the data conversation.”
The newly integrated platform will also help with the growing momentum in bringing innovative solutions deeper into emerging markets throughout Asia, Africa, and the Middle East.
The alliance builds on Standard Chartered’s ongoing relationship with BlackRock, leveraging the focus both organisations have on innovation and digitisation.
Recently Standard Chartered also worked with Bloomberg to introduced an electronic trading workflow for Korea Treasury Bonds, enabling investors to efficiently access global and domestic sources of liquidity on the Bloomberg Terminal.
Through Bloomberg’s Electronic Trading offering, investors can now stage, monitor, trade, process and allocate Korea Treasury Bond trades in a fully electronic workflow. The workflow allows for Korea’s Investor Registration Certificates to be captured and conveyed at each stage of the trade life cycle.