BlackRock and Standard Chartered announced a global collaboration. They will integrate BlackRock's Aladdin Wealth technology platform into Standard Chartered's "myWealth Advisor" platform.
This partnership enhances wealth advisory and risk management capabilities. It will serve the bank's relationship managers and investment advisors.
The move supports Standard Chartered's ongoing investment in digital innovation to improve client services.
The integration provides Standard Chartered's advisors with more advanced analytics, portfolio insights, and risk analysis tools. It includes capabilities like stress testing and scenario analysis. These tools will help advisors conduct data-driven, personalized conversations with affluent clients about portfolio performance under various market conditions.
This collaboration builds upon an existing broader partnership between the two financial institutions.