Skip to content
Welcome to the Aladdin® site
Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the jurisdictions in which our products and services are authorised to be offered or sold. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.
By entering this site you are agreeing that you have reviewed and agreed to the terms contained herein, including any legal or regulatory restrictions, the Privacy Notice, which explains how we collect, use, and disclose your personal information and how it is protected, and the Cookie Notice, which explains how we use cookies on our sites.
By confirming that you have read this important information, you also:
(i) agree that all access to this website by you will be subject to the disclaimer, risk warnings and other information set out herein; and
(ii) agree that you are the relevant sophistication level and/or type of audience intended for your respective country or jurisdiction identified below.
The information contained on this website (this “Website”) (including without limitation the information, functions and documents posted herein (together, the “Contents”) is made available for informational purposes only.
No Offer
The Contents have been prepared without regard to the investment objectives, financial situation, or means of any person or entity, and the Website is not soliciting any action based upon them.
This material should not be construed as investment advice or a recommendation or an offer or solicitation to buy or sell securities and does not constitute an offer or solicitation in any jurisdiction where or to any persons to whom it would be unauthorized or unlawful to do so.
Access Subject to Local Restrictions
The Website is intended for the following audiences in each respective country or region: In the U.S., institutional investors. In Canada, institutional investors. In the UK, professional clients (as defined by the Financial Conduct Authority or MiFID Rules) and qualified investors only and should not be relied upon by any other persons. In the EEA, professional clients, professional investors, qualified clients and qualified investors. For qualified investors in Switzerland: This information is marketing material. This material shall be exclusively made available to, and directed at, qualified investors as defined in Article 10 (3) of the CISA of 23 June 2006, as amended, at the exclusion of qualified investors with an opting-out pursuant to Art. 5 (1) of the Swiss Federal Act on Financial Services ("FinSA"). For information on art. 8 / 9 Financial Services Act (FinSA) and on your client segmentation under art. 4 FinSA, please see the following website: www.blackrock.com/finsa. In Singapore, for Institutional Investor only as defined in Section 4A of the Securities and Futures Act, Chapter 289 of Singapore. In Hong Kong, for professional Investor only (as defined in the Securities and Futures Ordinance (Cap.571 of the Laws of Hong Kong) and any rules made under that ordinance). In Japan, Professional Investors only (Professional Investor is defined in Financial Instruments and Exchange Act). In Australia, for wholesale clients only as defined in the Australian Corporations Act 2001 (Cth). In Brunei, Indonesia, and Malaysia, Institutional Investors only. In Latin America, institutional investors and financial intermediaries only (not for public distribution). In Mexico, institutional and qualified investors only (not for public distribution). In South Africa, a provider who provides products or services to a client other than financial products or financial services, must disclose to the client the fact that the additional products or services are not regulated under the Act and therefore the client is not afforded the same protections in respect of those additional products or services that may apply in respect of the provision of financial products or services in terms of the Act.
This website and its content are not intended for, or directed to, persons in any countries or jurisdictions that are not enumerated above, or to an audience other than as specified above.
This Website has not been, and will not be submitted to become, approved/verified by, or registered with, any relevant government authorities under the local laws. This Website is not intended for and should not be accessed by persons located or resident in any jurisdiction where (by reason of that person's nationality, domicile, residence or otherwise) the publication or availability of this Website is prohibited or contrary to local law or regulation or would subject any BlackRock entity to any registration or licensing requirements in such jurisdiction.
It is your responsibility to be aware of, to obtain all relevant regulatory approvals, licenses, verifications and/or registrations under, and to observe all applicable laws and regulations of any relevant jurisdiction in connection with your access. If you are unsure about the meaning of any of the information provided, please consult your financial or other professional adviser.
No Warranty
The Contents are published in good faith but no advice, representation or warranty, express or implied, is made by BlackRock or by any person as to its adequacy, accuracy, completeness, reasonableness or that it is fit for your particular purpose, and it should not be relied on as such. The Contents do not purport to be complete and are subject to change. You acknowledge that certain information contained in this Website supplied by third parties may be incorrect or incomplete, and such information is provided on an "AS IS" basis. We reserve the right to change, modify, add, or delete, any content and the terms of use of this Website without notice. Users are advised to periodically review the contents of this Website to be familiar with any modifications. The Website has not made, and expressly disclaims, any representations with respect to any forward-looking statements. By their nature, forward-looking statements are subject to numerous assumptions, risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future.
No information on this Website constitutes business, financial, investment, trading, tax, legal, regulatory, accounting or any other advice. If you are unsure about the meaning of any information provided, please consult your financial or other professional adviser.
No Liability
BlackRock shall have no liability for any loss or damage arising in connection with this Website or out of the use, inability to use or reliance on the Contents by any person, including without limitation, any loss of profit or any other damage, direct or consequential, regardless of whether they arise from contractual or tort (including negligence) or whether BlackRock has foreseen such possibility, except where such exclusion or limitation contravenes the applicable law.
You may leave this Website when you access certain links on this Website. BlackRock has not examined any of these websites and does not assume any responsibility for the contents of such websites nor the services, products or items offered through such websites.
Intellectual Property Rights
Copyright, trademark and other forms of proprietary rights protect the Contents of this Website. All Contents are owned or controlled by BlackRock or the party credited as the provider of the Content. Except as expressly provided herein, nothing in this Website should be considered as granting any license or right under any copyright, patent or trademark or other intellectual property rights of BlackRock or any third party.
This Website is for your personal use. As a user, you must not sell, copy, publish, distribute, transfer, modify, display, reproduce, and/or create any derivative works from the information or software on this Website. You must not redeliver any of the pages, text, images, or content of this Website using "framing" or similar technology. Systematic retrieval of content from this Website to create or compile, directly or indirectly, a collection, compilation, database or directory (whether through robots, spiders, automatic devices or manual processes) or creating links to this Website is strictly prohibited. You acknowledge that you have no right to use the content of this Website in any other manner.
Additional Information
Investment involves risks. Past performance is not a guide to future performance. The value of investments and the income from them can fall as well as rise and is not guaranteed. You may not get back the amount originally invested. Changes in the rates of exchange between currencies may cause the value of investments to diminish or increase.
NEWS STORY
SPEAKING A COMMON LANGUAGE: HOW DATA STANDARDIZATION WILL TRANSFORM PRIVATE MARKETS
The increasing demand for private market investments has driven a shift towards greater data transparency, with both a cultural and technological change on the horizon, according to the “Navigating Private Markets” webinar hosted by BlackRock Aladdin.
The adoption of a common language in public markets changed how the world invests. Private markets are moving in the same direction, although they’re still very much a work in progress. That progress entails overcoming data fragmentation, a lack of standardized data identifiers, and technology silos. These issues are being addressed, but often in isolation. Achieving the greatest impact requires collaboration across private markets to establish robust data reporting and technology standards, especially as private markets investing grows in scale and significance.
These were the central themes in a recent webinar hosted for the BlackRock Aladdin community, ‘Navigating Private Markets: The Intersection of Tech & Data’, where BlackRock panelists discussed the main challenges to presenting a comprehensive view of both private and public assets. Moderated by Shifra Ansonoff, Managing Director at BlackRock Aladdin, the panel included James Smallwood, Global Head of Private Markets Solutions Engineering at BlackRock Aladdin; Darren Cannon, Managing Director, Private Markets, BlackRock; and Sue Zheng, Global Engineering Lead for Whole Portfolio Solutions at BlackRock Aladdin.
Having a consolidated Investment Book of Record (IBOR) gives you a consistent framework as you think about risks and data across asset classes. Some of the challenges we see today are due to the inconsistent analytic framework that underpins public and private market portfolios,” Zheng said.
So, what key trends are shaping the future of investment management?
Challenges in private markets
Preqin projects global alternatives AUM to reach $30tn by 2030, with private equity more than doubling in size from $5.8tn to $12tn by the end of this decade. A growing share of capital is being raised from private wealth and retail clients, but this expansion brings a new set of operational complexities—such as how to balance the high volume of interactions demanded by retail investors, and the illiquidity constraints inherent in private markets.
The solution is a common investment language built on data standardization, which will allow the industry to scale their data infrastructure to handle the new sources of capital.
We're starting to get constrained with institutional players, and the wealth and retail channels are the prize in expanding market presence. We need to invest where the puck is moving to,” said Cannon.
Delivering the whole portfolio solution
Identifying and designing a common data language across private and public markets is a crucial first step for the future of portfolio management and risk analysis. The market needs consistent data identifiers to enable accurate risk evaluation across liquid and illiquid investments, and to provide a clear understanding of exposures and potential risks.
This is not just a technology challenge. It’s a cultural challenge within the industry, which needs common formats, common definitions, and common taxonomies, whether for capital call evaluations or company KPIs.
Technology and data together can support asset owners and asset managers to manage the full private markets investment lifecycle with greater transparency, control, and confidence. This makes it possible to provide whole portfolio solutions where multi-asset managers can manage their investments across the public and private markets from front office to back office.
The collapse of Silicon Valley Bank is a prime example of this need for cross-portfolio visibility, as Cannon explained.
“As we were leaving the office on Friday night, the question was posed to me and my team, where are we exposed to Silicon Valley bank? And there were probably a hundred different vectors of the information that we had to slice, but I was able to go to one system and see: where is Silicon Valley Bank a lender? Where is Silicon Valley Bank a counterparty custodian? Where are we using it in our funds?
We were able to slice and dice all that data on how we were interacting with Silicon Valley Bank because we were using a single platform to operate our business. And that has happened a hundred times over,” Cannon said.
The integration of data and technology
Central to the Aladdin platform is its whole portfolio solution for investors, including compliance monitoring to help them navigate regulatory requirements. According to “The Way Forward” 2025 white paper from BlackRock Aladdin, more than two-thirds of investors surveyed reinforced the idea that having a single view across public and private holdings is crucial to managing investments.
When public markets correct sharply, the relative weighting of private assets goes up, not because they've increased in value but because everything else has shrunk. Without that data all in one place, it’s easy to misinterpret your portfolio mix. You could have breaches in your allocation, or liquidity strain. It’s fundamental to asset allocation. To achieve that, you need a huge amount of market data and modeling capabilities. We're bringing those critical components together across public and private markets,” Smallwood said.
BlackRock has continuously evolved the Aladdin platform to help clients solve more, connect more and do more—whether that be expanding its whole portfolio capabilities or data offerings, or accelerating how it delivers and services clients via AI.
The Aladdin platform is using machine learning tools to extract and process large volumes of unstructured data to transform it into usable information for clients’ analytics. AI agents embedded across its public and private market solutions enabling users to interact and analyze portfolios quicker, using natural language.
Unlocking the private markets investment process is going to take the combined efforts of the whole industry.
Learn more about how Aladdin, inclusive of Preqin, is providing integrated technology and data solutions to enable clients to unlock opportunities in private and public markets. Contact us to speak with an expert.
Get in touch to learn more about Aladdin®
Please try again
Aladdin® is a technology platform used by asset managers and owners including banks, financial institutions, pensions, corporations, insurers, and wealth managers. The Aladdin platform unifies the investment management process, providing a common data language within an organization to enable scale, provide insights, and support business transformation. Through eFront® technology, alternative investment data management is covered to meet the needs of alternative investment professionals worldwide and across all major alternative asset classes. From fundraising, fund administration and reporting to data services and analytics, the platform provides capabilities to support decision making and investment oversight.
Aladdin® and eFront® platforms bring together public and private asset class data to create an industry-recognized whole portfolio solution for investment professionals globally. Find out more at www.blackrock.com/aladdin | request@blackrock.com
This material is provided for informational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are subject to change at any time without notice. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. Performance and risk calculations, including those incorporated into Aladdin technology, are based on assumptions, historical correlations, and other factors (such as inputs provided by the Aladdin users) and are not assured to predict future results. All graphs and screenshots are for illustrative purposes only. BlackRock’s Aladdin platform is a financial technology platform designed for institutional, wholesale, qualified, and professional investor/client use only and is not intended for end investor use. Aladdin users undertake sole responsibility and liability for investment or other decisions related to the technology’s calculations and for compliance with applicable laws and regulations. The technology should not be viewed or construed by any Aladdin users, or their customers or clients, as providing investment advice or investment recommendations to any parties. For additional information on any of the descriptions contained herein, please contact your Aladdin Relationship Management representative. BlackRock may modify or discontinue any functionality or service component described herein at any time without prior advance notice to you.
Certain Aladdin technology products and services may not be offered by BlackRock in your local jurisdiction.
In the U.S. and Canada, this material is intended for institutional investors. In the UK, this material is for professional clients (as defined by the Financial Conduct Authority or MiFID Rules) and qualified investors only and should not be relied upon by any other persons. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock. In the EEA, this material is for professional clients, professional investors, qualified clients and qualified investors. For qualified investors in Switzerland: This information is marketing material. This material shall be exclusively made available to, and directed at, qualified investors as defined in Article 10 (3) of the CISA of 23 June 2006, as amended, at the exclusion of qualified investors with an opting-out pursuant to Art. 5 (1) of the Swiss Federal Act on Financial Services ("FinSA"). For information on art. 8 / 9 Financial Services Act (FinSA) and on your client segmentation under art. 4 FinSA, please see the following website: www.blackrock.com/finsa. In Singapore, this is for use only with institutional investors as defined in Section 4A of the Securities and Futures Act, Chapter 289 of Singapore. In the provision of any of the services described herein, neither BlackRock (nor any of its affiliates) will be acting in a capacity as investment adviser or broker-dealer nor will it be performing the functions of an organized market or exchange (and has not been recognized as doing so by the Monetary Authority of Singapore). In Hong Kong, the technology and the material is for distribution to "Professional Investors" (as defined in the Securities and Futures Ordinance (Cap.571 of the laws of Hong Kong) and any rules made under that ordinance.) and should not be relied upon by any other persons or redistributed to retail clients in Hong Kong. In Japan, this is for Professional Investors only (Professional Investor is defined in Financial Instruments and Exchange Act). In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975 AFSL 230 523 (BIMAL) for the exclusive use of the recipient who warrants by receipt of this material that they are a wholesale client and not a retail client as those terms are defined under the Australian Corporations Act 2001 (Cth). In Brunei, Indonesia, and Malaysia, this material is issued for institutional investors only. In Latin America, for institutional investors and financial intermediaries only (not for public distribution). No securities regulator within Latin America has confirmed the accuracy of any information contained herein. Please note that IN MEXICO, the provision of investment management and investment advisory services (“Investment Services”) is a regulated activity, subject to strict rules, and performed under the supervision of the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, the “CNBV”). BlackRock does not provide, and it shall not be deemed that it provides through [Aladdin or eFront] technology, any personalized investment advice to the recipient of this document, by reason of its use or otherwise. These materials are shared for information purposes only, do not constitute investment advice, and are being shared in the understanding that the addressee is an Institutional or Qualified investor as defined under Mexican Securities (Ley del Mercado de Valores). Each potential investor shall make its own investment decision based on their own analysis of the available information. Please note that by receiving these materials, it shall be construed as a representation by the receiver that it is an Institutional or Qualified investor as defined under Mexican law. BlackRock México Operadora, S.A. de C.V., Sociedad Operadora de Fondos de Inversión (“BlackRock México Operadora”) is a Mexican subsidiary of BlackRock, Inc., authorized by the CNBV as a Mutual Fund Manager (Operadora de Fondos), and as such, authorized to manage Mexican mutual funds, ETFs and provide Investment Services. For more information on the Investment Services offered by BlackRock Mexico, please review our Investment Services Guide available in www.blackrock.com/mx. In South Africa, a provider who provides products or services to a client other than financial products or financial services, must disclose to the client the fact that the additional products or services are not regulated under the Act and therefore the client is not afforded the same protections in respect of those additional products or services that may apply in respect of the provision of financial products or services in terms of the Act. This document is for information purposes only and does not constitute an offer or invitation to anyone to invest in any BlackRock funds and has not been prepared in connection with any such offer. Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel: + 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock. Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Conduct Authority, FSP No. 43288.
© 2025 BlackRock, Inc. or its affiliates. All rights reserved. BLACKROCK and ALADDIN are trademarks of BlackRock, Inc. or its affiliates. All other marks are the property of their respective owners.