AIA has announced a new agreement with BlackRock and BNY to enhance its investment platform.
Through this agreement, AIA will implement BlackRock’s Aladdin®, a technology platform that unifies the investment management process, with BNY’s specialised investment operations and data management services and technology, to create a connected and scalable ecosystem to support its evolving investment activities.
Mark Konyn, AIA group chief investment officer, said: “This strategic collaboration brings our long-term investment programme together with an enhanced ability to deliver industry-leading investment solutions and provide positive, sustainable outcomes for our stakeholders.
“As we work with BlackRock and BNY to transform our platform, AIA will continue managing our growing investment portfolio at greater scale to meet our performance, risk management and sustainable investment goals. With the solutions we are implementing, AIA will gain a single, consistent, and timely view across all asset classes allowing us to make even more informed investments across complex market environments.”