Software:Aladdin (BlackRock)
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| Developer(s) | BlackRock |
|---|---|
| Initial release | 1988 |
| Type | Financial software |
| License | Proprietary |
Aladdin (Asset, Liability and Debt and Derivative Investment Network)[1] is an electronic system built by BlackRock Solutions, the risk management division of the largest investment management corporation, BlackRock, Inc. In 2013, it handled about $11 trillion in assets (including BlackRock's $4.1 trillion assets), which was about 7% of the world's financial assets, and kept track of about 30,000 investment portfolios.[2] As of 2020, Aladdin managed $21.6 trillion in assets.[3]
Senior Managing Director Sudhir Nair is the current Global Head of BlackRock's Aladdin program.[4]
Popular references
Adam Curtis's 2016 documentary HyperNormalisation cites the Aladdin system as an example of how modern technocrats attempt to manage the complications of the real world.
Technology
Aladdin uses the following technologies: Linux, Java, Hadoop, Docker, Kubernetes, Zookeeper, Splunk, ELK Stack, Apache, Nginx, Sybase ASE, Snowflake,[5] Cognos, FIX, Swift object storage, REST, AngularJS, TREP.[citation needed]
It was built/upgraded using Julia, i.e. "analytics modules for" were written in Julia.[6][7] It has also been reported that it was written originally in C++, Java and Perl.[8]
See also
- BlackRock
- SecDB (Goldman Sachs)
References
- ↑ "BlackRock: The $4.3 trillion force". Fortune. 7 July 2014. http://fortune.com/2014/07/07/blackrock-larry-fink/.
- ↑ "The monolith and the markets". The Economist (economist.com). 7 December 2013. https://www.economist.com/news/briefing/21591164-getting-15-trillion-assets-single-risk-management-system-huge-achievement.
- ↑ Rebecca Ungarino. Here are 9 fascinating facts to know about BlackRock, the world's largest asset manager popping up in the Biden administration, Business Insider, December 30, 2020
- ↑ "Sudhir Nair" (in en). https://www.blackrock.com/corporate/en-us/biographies/sudhir-nair.page.
- ↑ "BlackRock To Launch the "Aladdin Data Cloud" Powered by Snowflake" (in en). https://www.blackrock.com/corporate/newsroom/press-releases/article/corporate-one/press-releases/aladdin-data-cloud-powered-by-snowflake.
- ↑ "BlackRock Analytics Platform". https://juliacomputing.com/case-studies/blackrock.html.
- ↑ "BlackRock's Julia-Powered Aladdin Platform Featured in New York Times – Julia Computing". 2019-08-10. https://juliacomputing.com/communication/2017/03/29/aladdin-blackrock.html.
- ↑ At Blackrock, machines are rising over managers to pick stocks (nytimes.com) Y Combinator
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