Standard Chartered Joins BlackRock’s Aladdin Provider Network

The leading multinational banking and financial services company Standard Chartered today announced that it has partnered with BlackRock’s Aladdin platform. The latest collaboration aims to offer integrated front-to-back office investment management solutions to mutual clients across Asia, Africa, and the Middle East.

As detailed in the official announcement, the bank is able to offer a consistent and coherent front-to-back experience via BlackRock’s Aladdin Provider Network, bringing its expertise in providing innovative solutions, operational resources and experience as a custodian and fund administrator to clients across the Bank’s unique footprint.

Additionally, the new partnership is expected to enhance the bank's existing product offerings and unlock additional 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. 

Margaret Harwood-Jones, Co-Head, Financing & Securities Services at Standard Chartered, commented, “We are delighted to be part of the Aladdin Provider Network, which demonstrates our firm commitment to support clients in achieving greater efficiencies and accessibility through innovative partnerships. 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. We look forward to further enhancing the sophistication of the data conversation between BlackRock and Standard Chartered for the benefit of our clients.”

Akiyoshi Takeuchi, Head of BlackRock Solutions Asia-Pacific said, “We place tremendous value on Standard Chartered’s adoption of Aladdin Provider Network. It symbolises a strong partnership based on our shared commitment to helping clients. Moreover, it underscores growing momentum in bringing innovative solutions deeper into emerging markets throughout Asia, Africa, and the Middle East.”