Santander Asset Management (SAM) has selected BlackRock’s risk management platform Aladdin to drive its digital transformation.

With Aladdin, SAM intends to standardise its risk management in a more effective manner.

The aim is to offer risk/return analysis with more clarity and timely reporting to clients.

Aladdin is also said to lower SAM’s reaction time to market and regulatory changes, enhancing fund performance in the process.

The platform will be implemented across various markets, where SAM operates, in a phased roll-out.

In the initial phase on April 2020, the platform will be launched in the UK, Spain, Portugal, Luxembourg and Poland.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

It will be available in Brazil, Argentina, Mexico, Chile and Puerto Rico by next December.

The move is said to mark Aladdin’s debut in the asset management space in Spain, Brazil, Portugal and Argentina.

SAM global CEO Mariano Belinky said: “This agreement positions SAM at the technological vanguard in the industry, alongside major global players, and will help us accelerate our transformation.

“The introduction of this platform will help us improve and add value to the investment solutions we offer our clients.

“Aladdin will facilitate the change of our risk paradigms toward a global and uniform system in all countries in which we are present.”