Singapore Life Ltd has appointed Citi and BlackRock Aladdin to provide a technology platform that integrates its asset management capabilities across the front, middle and back offices.
This, according to the companies, will allow Singlife to provide its clients with “complete portfolio management capabilities that improve efficiencies, automate controls and enable a seamless front-to-back experience”.
“It also ensures that internal and external portfolio management services are integrated with complete attribution and full reconciliation across all investment and accounting records, while incorporating sustainability and meeting regulatory requirements,” Singlife and Citi and BlackRock Aladdin say in a joint statement on March 9.
Citi and BlackRock Aladdin is an alliance formed in 2020 by Citigroup Inc and asset management giant BlackRock. It’s aimed at enhancing delivery of security services to Citi’s clients who use BlackRock’s Aladdin investment management platform.
Singlife’s selection of Citi and BlackRock Aladdin was coordinated and led by London-based asset management consulting Alpha FMC.
