BlackRock‘s Aladdin Wealth platform is enhancing its cross-border compliance and product suitability capabilities by integrating technology from Zurich-based fintech Investment Navigator.
This integration will help financial advisors make more informed portfolio recommendations and streamline regulatory checks, improving efficiency and transparency when managing international investments.
Investment Navigator’s digital solutions, launched in 2014, embed regulatory checks, offering restrictions, and selling limitations directly into the investment management process.
The integration expands Aladdin Wealth’s capabilities to include product-level suitability, tax suitability, mandatory documentation, and cross-border checks in advisory proposals, eliminating manual processes and improving portfolio personalisation across regions.
The solution also enables advisors to create validated buy-lists and append necessary documents and reports to client proposals, enhancing speed and accuracy.
Venu Krishnamurthy, Global Head of Aladdin Wealth at BlackRock, stated,
“Wealth management is going through a transformation with more financial advisors turning to technology to deliver tailored solutions at scale. Through our collaboration with Investment Navigator, clients can now seamlessly manage the complexities of cross-border investing within Aladdin Wealth, further enhancing the unique ‘language of portfolios’ that our platform offers across the entire investment lifecycle.”
Alberto Rama, CEO of Investment Navigator, added,
BlackRock’s Aladdin Wealth™ platform is enhancing its cross-border compliance and product suitability capabilities by integrating technology from Zurich-based fintech Investment Navigator. This integration will help financial advisors make more informed portfolio recommendations and streamline regulatory checks, improving efficiency and transparency when managing international investments.
Featured image credit: edited from freepik
