FactSet and BlackRock Partner to Offer Portware’s EMS with Aladdin

FactSet and BlackRock now team up to bring Portware’s EMS capabilities with Aladdin

NORWALK, Conn., Feb. 23 2022 (GLOBE NEWSWIRE) — FactSet (NYSE: FDS) (NASDAQ: FDS) and BlackRock (NYSE: BLK) today announced that they have entered into a multi-year partnership to integrate Portware Execution Management System (EMS) capabilities with Aladdin® platform, BlackRock’s end-to-end investment and operations management platform. The joint offering will provide joint customers with a seamless experience in multi-asset portfolio and risk management and trade execution, including access to Portware’s high-performance electronic trading and automation capabilities through the APIs.

FactSet’s Portware is best known in the listed asset and foreign exchange markets, and recently added fixed income trading capabilities; and the Aladdin® The platform is leveraged by BlackRock and Aladdin clients to power informed decision-making and operational scale, supporting all aspects of the investment process on a single platform. Turnkey Portware integration with Aladdin® The platform enables joint clients to power their trading workflows using the capabilities of both systems, including data-driven trade automation and decision support when trading across all classes of assets.

“As a global provider of integrated financial information, analytical applications, and industry-leading services, FactSet is committed to building our front and middle office solutions with industry-leading technology and engaging key partners to remove the burden onboarding our customers while improving their workflows.” said Rob Robie, Executive Vice President and Global Head of Analytics and Trading, FactSet. “Providing flexible access to Portware through the form Aladdin effectively advances our platform and open data strategy while meeting the growing demand for custom workflow solutions.”

“Our partnership with Portware reflects BlackRock’s ongoing commitment to providing Aladdin customers with choice, flexibility and access to efficient features in their daily workflows,” said Daniel Gourvitch, Managing Director, Global Head of the platform for Aladdin at BlackRock. “This partnership reinforces our strategy to add deep integrations with leading technology vendors so customers can choose the features that best meet their needs while maintaining seamless workflows. We are excited to take this next step with Portware by collaborating and delivering an enhanced experience to our mutual customers.

The new features will be available on Aladdin® platform to joint customers from March 2022, with additional capabilities to be deployed throughout 2022 and 2023.

About FactSet

FactSet (NYSE: FDS | NASDAQ: FDS) provides premium content, analytics and flexible technology to help more than 162,000 users see and seize opportunities faster. We give investment professionals the edge to outperform with insightful insights, workflow solutions throughout the portfolio lifecycle, and industry-leading support from dedicated specialists. We are proud to have been recognized with numerous awards for our analytical and data-driven solutions, with the distinction of being a recent addition to the S&P 500, and having been repeatedly rated 100 by the index. Human Rights Campaign® Corporate Equality for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog for new insights delivered daily at insight.factset.com. Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset.

Source: FactSet

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