Aladdin to Get Scalability, More Client Capabilities Microsoft will be hosting the infrastructure for the BlackRock’s Aladdin investment management and operations platform via the Microsoft Azure cloud platform, a move that the asset manager says will facilitate scalability for computing power and new client capabilities. BlackRock and Microsoft Corp. formed a hosting partnership for Aladdin,… Read More >>
EDI Challenges Termination Clauses of Other Vendors
London-based reference data vendor Exchange Data International (EDI) will be filing a formal complaint with the European Commission to stop an industry practice that requires reference data clients to expunge all their data purchases once they decide to move to another vendor. The bottom-line result of this practice is that many financial services firms are… Read More >>
New Handbook Targets ‘Exponential’ Adoption of LEIs
(The rapid emergence of the Legal Entity Identifier (LEI) after the global financial crisis was heralded as an important step forward for clarity in securities operations. In particular, thorny derivatives and their underlying instruments were supposed to be the initial beneficiaries of burgeoning standard. Its wide acceptance via standards bodies has been followed by efforts… Read More >>
