RLAM selects Aladdin for middle office support

RLAM selects Aladdin for middle office supportRoyal London Asset Management (RLAM) has adopted BlackRock’s Aladdin platform.

The UK fund manager will use the technology to support its middle office operation.

RLAM uses HSBC as the servicer of its assets and the bank will use the Aladdin technology to support the management of RLAM’s middle office.

According to RLAM, the adoption of Aladdin will give its fund management business greater scalability.  

“The implementation of Aladdin is a transformational landmark for RLAM,” said Jonathan Kennedy, chief operating officer at RLAM.

“It supports our ambitious plans for scalable growth as we continue to improve our capabilities, efficiencies, investment strategies and services.”

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