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BlackRock enters wealth management tech with minority stake

Investment technology solutions for the wealth management industry is a growing vertical, especially withing the private banking sector.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

June 20, 2023 | 8:33 PM BST

BlackRock enters wealth management tech with minority stake

Martin Greweldinger, Co-CEO of Avaloq. Source: Avaloq

The Tech Capital

BlackRock, through its Aladdin Wealth business, and Avaloq, a subsidiary of NEC Corporation, have formed a strategic partnership aimed at enhancing their investment technology solutions for wealth managers and private banks.

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João Marques Lima

Founder and Editor, The Tech Capital

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