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Traders Magazine 0 Shares BlackRock and Snowflake announced a strategic partnership to deliver a next-generation solution for the investment management industry. BlackRock will launch Aladdin Data Cloud, a solution for investment managers to expand the utility of data, powered by Snowflake’s platform. The Aladdin Data Cloud will be a strategic part of Snowflake’s Data Cloud and a part of the Aladdin platform. The solution allows companies to bring Aladdin and non-Aladdin data together making it easy for users to build on top of it with Aladdin Studio, BlackRock’s platform for develo...

BlackRock, Snowflake BlackRock's massive Aladdin business and cloud-data storage firm Snowflake are partnering up. Aladdin users will be able to customize the platform with internal and third-party data through the deal. BlackRock and Snowflake said the move represents the growth of tech skills in front-office jobs. BlackRock is partnering with a red-hot tech company as a way of adapting one of its crown jewels to meet a customer base increasingly focused on data and coding.  The world's largest asset manager said Monday it would launch a feature called Aladdin ...

BlackRock’s Aladdin Sees Promise in Snowflake’s Data Cloud Posted on 02/23/2021 BlackRock Inc. is the world’s largest asset management firm. Snowflake Inc. (ticker: SNOW) wants to sell its cloud services to the investment management industry. Snowflake inked a partnership to combine BlackRock’s Aladdin investment technology with Snowflake’s Data Cloud. Under the partnership, Blackrock will introduce Aladdin Data Cloud, an investment platform that will be powered by Snowflake. The partnership will bring Aladdin and non-Aladdin data together and enable developers to utilize it through...

BlackRock partners with Snowflake to create data cloud Bloomberg BlackRock is partnering with Snowflake, a cloud-based data platform provider, to deliver a "next-generation solution for the investment management industry," a joint news release said Monday. Aladdin Cloud will enable money managers to combine Aladdin and non-Aladdin data on a single cloud-based platform "increasing operational efficiency," the companies said in the release. BlackRock will add the Aladdin Data Cloud to its Aladdin investment and operations platform and it also will be a "strategic part" of Snowflake's own data c...