Blackrock Solutions

Risk management, strategic advisory and enterprise investment system services are provided to a wide range of clients.

BlackRock® has long been recognized for its disciplined investment process and rigorous bottom-up approach to risk management. Since its inception, BlackRock has focused on the need to assess security- and portfolio-level risks to make investment decisions in rapidly changing markets and to execute transactions efficiently, while ensuring strict adherence to risk management and compliance guidelines. As a result, BlackRock developed an integrated suite of investment management tools.

In 2000, BlackRock began offering risk management and trade processing tools to external clients under the BlackRock Solutions® brand. Since that time, BlackRock’s strategy has been to deliver its significant investment in technology infrastructure and analytics to a select group of large institutional investors at a high level of sophistication, quality and service. Our investment tools are designed to provide portfolio transparency and increased efficiency. Aladdin®, our enterprise investment system, supports the entire investment management process, including risk analytics, portfolio management, compliance and operational processing. Aladdin’s comprehensive suite of risk reports (Green Package®) and interactive fixed income and derivative calculator (AnSer®) are also available on a stand-alone basis.

Pathways to Success

BlackRock Solutions offers a number of additional services focused on providing tailored solutions to our clients by drawing upon our investment tools and our capital market expertise. 

Financial Markets Advisory Group

The Financial Markets Advisory Group provides counsel to senior executives in banks, insurance companies, mortgage companies and other financial institutions on their most difficult—and interesting—capital market issues. Our practice centers on financial strategy, valuation of illiquid portfolios and riskmanagement. The advisory practice is rooted in BlackRock’s culture of objective, fiduciary problem solving for clients, and is a strategic priority for the firm.

Relationship Management

The Relationship Management Group is responsible for maintaining the partnerships formed with every client that uses BlackRock Solutions' array of investment technologyand risk analytics tools. These clients are located around the world and include large and sophisticated institutional investors such as insurance companies, corporations, asset managers, pension funds, hedge funds, banks and other financial institutions. The Relationship Management team is highly focused on understanding the needs and evolving priorities of each of these organizations and on a daily basis provides investment process solutions to its clients by leveraging the vast capabilities of the entire BlackRock Solutions organization.

Solution Center

The Solution Center provides training and day-to-day support for users of Aladdin. Analysts start in the Solution Center and over a two- to three-year period develop an in-depth knowledge of the investment management process, the Aladdin system and our clients’ businesses. During this time, analysts often contribute to the business development and implementation phases associated with each Aladdin installation. The knowledge acquired during their first few years in the Solution Center provides representatives with the necessary skills for future success in other parts of the BlackRock and BlackRock Solutions organizations.

Portfolio Analytics Group

The Portfolio Analytics Group (PAG) is a risk and analytics group in BlackRock Solutions that utilizes sophisticated analytics on fixed income, equity and alternatives businesses to help our clients and portfolio managers understand their portfolio exposures, strategy, risk and returns. PAG provides the daily risk reporting and ad-hoc analytical support to over $7 trillion worth of assets under risk management across thousands of portfolios. Analysts will gain a broad understanding of the asset and risk management business, which includes learning about the wide range of securities our clients trade, how they are priced in the market, how we analyze them within BlackRock Solutions and what sensitivities they have to various market factors. The group is also responsible for developing, maintaining and enhancing the technology that is used to support the trading and reporting needs of BlackRock Solutions’ risk management clients.

Financial Modeling Group

The Financial Modeling Group (FMG) is responsible for the research and development of financial models underpinning the risk management analytics produced at BlackRock. The group also contributes to the infrastructure and software responsible for the production of analytics and the delivery of analytic content to portfolio and risk management professionals both within and outside BlackRock. Given the diversity of business objectives among BlackRock Solutions clients and within BlackRock itself, the models developed and supported by the Financial Modeling Group span a wide array of financial products, ranging from equity to fixed income to derivatives. In addition, members of FMG seek to provide analysis and insight on many different levels from analysis of the cash flows of a single bond to the overall financial risk associated
with an entire portfolio, enterprise or balance sheet.

Investment Accounting

BlackRock Solutions’ Investment Accounting services combine BlackRock’s industry expertise with our sophisticated data management, accounting and performance measurement tools to offer customized solutions to a wide range of financial institutions. The Investment Accounting team is responsible for providing these services, including accounting reports in multiple bases, Schedule D preparation, custodian reconciliation and performance measurement. The Investment Accounting group consists of three primary teams: Implementations, Client Service and Reconciliation. The Implementations team is responsible for business development and the process of taking on new clients, including account set up data conversions and business process redesign. The Client Service team is responsible for ensuring clients' ongoing requirements are met including preparing accounting and performance measurement reports and responding to client inquiries. Finally, the Reconciliation team is responsible for the reconciliation between BlackRock Solutions’ accounting platform and various third parties including custodian banks and asset managers.

Implementation and Delivery

Implementation and Delivery provides project management and subject matter expertise in support of deploying Aladdin to both internal and external clients. The Implementation team works closely with external clients on large-scale projects during which time they review and revamp clients' investment business process to align it with market practice while migrating it to the Aladdin investment platform. The Delivery team ensures that newly developed functionality is deployed to existing clients (internal and external), including providing training and conducting mini-business process reviews, and provides on-going second level support for such functions.

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BlackRock Solutions hires professionals with industry experience and undergraduates just entering the workforce. Industry professionals come from a wide range of backgrounds.

BLACKROCK is proud to be an E-Verify & Equal Opportunity/Affirmative Action Employer—M/F/D/V.

 

 

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