AIA tie-up with BlackRock, BNY joins global trend of data management
The Hong Kong-headquartered life insurer is set to benefit from real-time data for its investment management through an integrated platform under the partnership with BlackRock and BNY.
AIA Group is enhancing its investment capabilities through a partnership with BlackRock and BNY, implementing an integrated data management system across front and back offices.
This is part of a broader trend across Asia where asset owners and managers are rethinking the operating models of their portfolio management, trying to reduce costs and optimise for future growth, noted Mark McKeon, global head of middle office services at BNY.
“Clients are recognising they can get bett…
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