BlackRock has madea strategic investment in AccessFintech as it integrates Aladdin and accelerates post-trade data sharing.
The world's largest asset manager BlackRock and US-based fintech firm AccessFintech have teamed up to connect BlackRock’s Aladdin platform with AccessFintech’s Synergy Network to enable shared data, faster exception handling and more transparent post-trade processes for more than 250 institutions already on the network. The integration places a strong focus on derivatives workflows The partnership, which also saw BlackRock investing an undisclosed sum in AccessFintech