Aladdin (BlackRock)

Aladdin (Asset, Liability, and Debt and Derivative Investment Network)[1] is an electronic system by BlackRock Solutions, the risk management division of the largest investment management corporation, BlackRock, Inc. It handles about $15 trillion in assets (including BlackRock's $5,12 trillion assets), which is about 7% of the world's financial assets.[2] It keeps track of about 30,000 investment portfolios.[2]

Adam Curtis's 2016 documentary HyperNormalisation cites the Aladdin system as an example of how modern technocrats attempt to manage the complications of the real world.

See also

References

  1. ↑ "BlackRock: the $4.3 trillion force". Fortune (magazine). 7 July 2014. Retrieved 6 November 2015.
  2. 1 2 "The monolith and the markets". economist.com. 7 December 2013. Retrieved 6 November 2015.
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