BNP Paribas, BlackRock Solutions reach Aladdin agreement
April 21, 2020

BNP Paribas Securities Services and BlackRock Solutions have entered into a strategic alliance via Aladdin Provider to deliver integrated investment management capabilities to mutual clients.

They say this brings together BNP Paribas Securities Services' middle office, fund administration and custody services and Aladdin's investment management infrastructure to create a fully integrated end-to-end investment management solution.

As part of the alliance, BNP Paribas Securities Services will be leveraging Aladdin to perform middle office outsourced services maintaining Aladdin's Investment Book of Record as the trusted source of data.

This collaboration extends the firms' existing relationship; BNP Paribas Securities Services, a client of eFront since 2007, utilizes eFront Invest to provide comprehensive asset servicing solutions to leading alternative asset managers. eFront was acquired by BlackRock in 2019.

Announcing this partnership, Arnaud Claudon, Head of Asset Owners and Managers Client Lines at BNP Paribas Securities Services, said: "This innovative operating model, which is already live and co-designed with our mutual client, BNP Paribas Asset Management, will combine all the advantages of a leading front office platform with those of our middle and back office capabilities and multi-local expertise.

"This partnership further highlights our ability to provide full connectivity to our clients, regardless of their choice of front office architecture, and delivers a true front-to-back solution."





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BNP Paribas Securities Services and BlackRock Solutions have entered into a strategic alliance via Aladdin Provider to deliver integrated investment management capabilities to mutual clients.

They say this brings together BNP Paribas Securities Services' middle office, fund administration and custody services and Aladdin's investment management infrastructure to create a fully integrated end-to-end investment management solution.

As part of the alliance, BNP Paribas Securities Services will be leveraging Aladdin to perform middle office outsourced services maintaining Aladdin's Investment Book of Record as the trusted source of data.

This collaboration extends the firms' existing relationship; BNP Paribas Securities Services, a client of eFront since 2007, utilizes eFront Invest to provide comprehensive asset servicing solutions to leading alternative asset managers. eFront was acquired by BlackRock in 2019.

Announcing this partnership, Arnaud Claudon, Head of Asset Owners and Managers Client Lines at BNP Paribas Securities Services, said: "This innovative operating model, which is already live and co-designed with our mutual client, BNP Paribas Asset Management, will combine all the advantages of a leading front office platform with those of our middle and back office capabilities and multi-local expertise.

"This partnership further highlights our ability to provide full connectivity to our clients, regardless of their choice of front office architecture, and delivers a true front-to-back solution."



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