Jump to content

Aladdin (BlackRock)

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by The Anome (talk | contribs) at 18:09, 3 August 2020 (risk management). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Aladdin (Asset, Liability, 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. In 2013, it handled about $11 trillion in assets (including BlackRock's $4.1 trillion assets), which was about 7% of the world's financial assets, and kept track of about 30,000 investment portfolios.[2]

Popular references

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.

Technology

Aladdin uses the following technologies, Linux, Java, Hadoop, Docker, Kubernetes, Zookeeper, Splunk, ELK Stack, Git, Apache, Nginx, Sybase ASE, Cognos, FIX, Swift, REST, AngularJS, TREP.[citation needed]

It is claimed[who?] that (some of) it was built using Julia,[3][citation not found] It has also been reported that written originally in C++, Java and Perl.[4]

See also

References

  1. ^ "BlackRock: The $4.3 trillion force". Fortune. 7 July 2014. Retrieved 6 November 2015.
  2. ^ "The monolith and the markets". economist.com. 7 December 2013. Retrieved 6 November 2015.
  3. ^ BlackRock’s Julia-Powered Aladdin Platform Featured in New York Times
  4. ^ At Blackrock, machines are rising over managers to pick stocks (nytimes.com) Y Combinator