Could blockchain fit into Blackrock's 'Aladdin' system?

Public and private chains are on the table, a source familiar with the posting said. Aladdin (short for “Asset, Liability, Debt and Derivative Investment Network”) is BlackRock’s system for measuring risk and making trades. According to the job posting, Aladdin’s new director will investigate how blockchain could fit into the system.

Who is Aladdin by Blackrock?

The global financial service deals with asset management, wealth management; principal investment were founded in 1969 by Stan Owens. Macquarie has taken up Aladdin in the team for their asset management. The capability of the software Aladdin by BlackRock can be seen since the 2008 financial crisis.

Is Aladdin Blackrock's 'crown jewel'?

Bitwise Chief Investment Officer Matthew Hougan said it is BlackRock’s “crown jewel.” “Aladdin is the secret sauce that makes BlackRock tick, it’s a software tool that managers use to analyze, interpret and work with the capital markets,” Hougan said in an interview. BlackRock declined to comment on the scope of the position.

What is the Aladdin® platform?

The Aladdin® platform and Aladdin® community enable that—and more. Aladdin® is a tech platform that unifies the investment management process—through a common data language—to enable scale, provide insights and support true business transformation.