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Broadridge expands data offering for asset managers with Snowflake - Global Custodian – The Leading quarterly magazine covering the international securities services industry
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TIAA named
Thasunda Brown Duckett as its next president and CEO. She will join the firm on May 1 from her current employer,
JPMorgan Chase, where she has served as CEO of Chase Consumer Banking. At TIAA, Duckett will succeed
Roger Ferguson, who is departing the firm after 13 years as chief executive. JPMorgan co-president and COO
Gordon Smith said in an internal memo that, in the meantime, leadership of the consumer bank will report in to him and that the firm will announce plans around succession shortly.
Maverick Capital executive
Andrew Warford is leaving the $9 billion hedge fund. Warford, chairman of the firm s stock committee and de facto head of the fund, is departing after 18 years. He was tapped to head up the stock committee in 2012 and became a managing partner in 2013 as
Traders Magazine
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BlackRock and Snowflake announced a strategic partnership to deliver a next-generation solution for the investment management industry. BlackRock will launch Aladdin Data Cloud, a solution for investment managers to expand the utility of data, powered by Snowflake’s platform. The Aladdin Data Cloud will be a strategic part of Snowflake’s Data Cloud and a part of the Aladdin platform. The solution allows companies to bring Aladdin and non-Aladdin data together making it easy for users to build on top of it with Aladdin Studio, BlackRock’s platform for developers.
By bringing together Aladdin, a leader in investment management technology, and Snowflake’s Data Cloud, the Aladdin Data Cloud allows its clients to expand the utilization of data across their organization unlocking creativity and increasing operational efficiency. Each Aladdin Data Cloud client receives an independent, centrally-managed data store pre-loaded with rich front-to-back A
BlackRock, Snowflake
BlackRock s massive Aladdin business and cloud-data storage firm Snowflake are partnering up.
Aladdin users will be able to customize the platform with internal and third-party data through the deal.
BlackRock and Snowflake said the move represents the growth of tech skills in front-office jobs.
BlackRock is partnering with a red-hot tech company as a way of adapting one of its crown jewels to meet a customer base increasingly focused on data and coding.
The world s largest asset manager said Monday it would launch a feature called Aladdin Data Cloud with the help of Snowflake, the cloud-data storage firm that last fall had the largest software public offering in history.
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