BlackRock (BLK) To Buy Impact Investing
BlackRock (NYSE: BLK) announced that it will acquire Impact Investing, a Sydney, Australia based software development company specializing in equity portfolio management and analytical software tools. Impact will be fully integrated into BlackRock Solutions(R), a unit of BlackRock that offers a broad range of tools and services designed to help institutions understand and manage their capital markets exposures and risks.
BlackRock Solutions offers a suite of investment tools designed to support a highly controlled, scalable and efficient investment management process. Aladdin(R), its enterprise investment platform, combines sophisticated risk analytics with portfolio management, trading and operations tools. In total, over $7 trillion in assets are processed on the Aladdin platform.
Related Categories
Corporate NewsMergers and Acquisitions
Stocks Mentioned
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
