Accounting & outsourcing services

Highlights

BlackRock leverages its enterprise investment platform, Aladdin, to offer customized investment accounting services to a wide range of global financial institutions.

Benefits include:

Comprehensive services – Offering tailored to meet client-specific needs, including data management, trade and custody operations, derivative operations, production of accounting reports in multiple bases (US GAAP, UK GAAP, IFRS, statutory, and tax), comprehensive custodian reconciliation and performance measurement.

Leading technology platform - Aladdin provides one centralized database for trade, position, risk, performance and certain accounting information.

Flexible service offering – Highly automated exception based process, including comprehensive reconciliation and extensive quality control.

Experience and scale – Significant experience supporting custom and complex client requirements, leveraging experience and knowledge throughout the BlackRock organization.

Regulatory support - Flexibility to address ever-changing client needs including regulatory requirements.

Many clients couple investment accounting and trade support services with investment management and/or investment platform tools.

Accounting & investment management

US P&C Insurance Company

BlackRock acts as a virtual CIO; One platform for investment management and accounting

  • Customized solution including asset allocation, investment management and investment accounting
  • Capital markets expertise
  • State of the art, battle-tested systems
  • High level of client service, coordinated relationship management

Middle office outsourcing & Aladdin

US Life Insurance Company

Combination of client and BlackRock in partnership with separate roles/responsibilities

  • Single, consistent integrated platform aims to provide increased transparency and reduced operational risk
  • High level of client service with coordination of support where possible

Accounting & Aladdin Risk

Bermuda Re-Insurance Company

One source of data for risk reporting, performance and accounting

  • Facilitated the rapid growth of client's multi-manager investment portfolio
  • Provided a comprehensive suite of reports that include risk and accounting information
  • Measured performance to gauge added value of external mangers

Accounting & Aladdin Risk & trade support

EMEA Insurance Company

Expanded product relationship as client spun off to form new company

  • Single, consistent integrated platform helps to reduce operational risk
  • Global support team fosters faster turnaround
  • Reduced internal support requirements
  • Moved to high quality, full service provider
Aladdin by BlackRock
Helping some of the world's largest financial institutions to see clearer, work smarter, move faster, communicate better and scale further.
Learn more Learn more
See Aladdin in action
Power your firm's Collective Intelligence by connecting teams on a single platform.
Request a meeting Request a meeting