Sovereign Wealth Quarterly April 2021 Edition
Posted on 04/05/2021
Sovereign Wealth Quarterly April 2021 Edition
The April edition is now online for subscribers to read.
To access, login into SWFI.com and go under REPORTS.
This is our 52th issue of the Sovereign Wealth Quarterly.
Key Stories
21 Law Firm Dechert Denies Mistreating Former UAE Official During Fraud Probe
27 Khazanah’s Operating Profit Falls Around 61% in 2020
28 Judge Lets Revlon Creditor Keep Citi’s Process Botched $500 Million Payment
30 Masdar Inks Agreement with Samruk-Kazyna to Explore Renewable Energy Opportunities in Kazakhstan
34 Tencent Cloud Deploys its First MENA Region Internet Data Center Hub in Bahrain
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BlackRock’s Aladdin Sees Promise in Snowflake’s Data Cloud
Posted on 02/23/2021
BlackRock Inc. is the world’s largest asset management firm. Snowflake Inc. (ticker: SNOW) wants to sell its cloud services to the investment management industry. Snowflake inked a partnership to combine BlackRock’s Aladdin investment technology with Snowflake’s Data Cloud. Under the partnership, Blackrock will introduce Aladdin Data Cloud, an investment platform that will be powered by Snowflake. The partnership will bring Aladdin and non-Aladdin data together and enable developers to utilize it through Aladdin Studio. BlackRock gets to be a founding partner for Snowflake’s “Powered by Snowflake” program. Each Aladdin Data Cloud customer will receive an independent centrally-managed data store preloaded with Aladdin data sets that can be supplemented by proprietary and third-party data sources.