Standard Chartered to add BlackRock’s Aladdin Wealth to advisory platform

Standard Chartered has announced a planetary collaboration with Aladdin Wealth, BlackRock's wealthiness absorption exertion platform, to fortify its wealthiness advisory and hazard absorption capabilities.

The integration volition instrumentality spot done the bank's myWealth Advisor platform, which is utilized by narration managers and concern advisers.

By adding Aladdin Wealth to the platform, Standard Chartered said its advisers volition summation entree to portfolio analytics and concern insights aimed astatine supporting much data-led and personalised proposal for affluent clients.

Aladdin Wealth provides portfolio hazard and instrumentality investigation crossed a scope of plus classes. These see equities, fixed income, funds, ETFs and alternatives.

The level besides brings tools specified arsenic accent investigating and script analysis. These are intended to assistance advisers amusement clients however portfolios whitethorn execute nether antithetic marketplace conditions.

In addition, the integration volition present portfolio absorption tools designed to enactment much tailored concern strategies.

Standard Chartered said the determination is expected to heighten myWealth Advisor by giving advisers a consolidated presumption of portfolio risks and broader portfolio analytics to enactment lawsuit discussions.

The archetypal rollout volition screen Singapore and Hong Kong. It volition use crossed the bank's Priority, Priority Private and Private Banking lawsuit segments.

The slope plans to grow the rollout to different markets implicit time.

myWealth Advisor is Standard Chartered's concern readying tool, combining Chief Investment Office location views and adept insights to assistance clients place concern opportunities.

Standard Chartered planetary caput of wealthiness solutions, retail products, information & analytics Samir Subberwal said: "By integrating BlackRock's industry-recognised Aladdin Wealth level into myWealth Advisor, we are strengthening however we present personalised, insights-led proposal astatine scale.

"At the aforesaid time, we are equipping our frontline with precocious tools to enactment much informed conversations and assistance clients navigate the progressively analyzable marketplace situation with confidence."

Susan Chan, caput of Asia Pacific astatine BlackRock, said: "Building connected our broader narration with Standard Chartered, this collaboration reflects our shared committedness to delivering innovative lawsuit solutions and supporting the Bank's integer innovation docket done enhanced portfolio hazard capabilities.

"As portfolio complexity and lawsuit expectations evolve, deeper hazard insights and analytics tin assistance wealthiness managers instrumentality a full portfolio presumption and present tailored proposal astatine scale."

"Standard Chartered to adhd BlackRock's Aladdin Wealth to advisory platform" was primitively created and published by Private Banker International, a GlobalData owned brand.