Developer(s) | BlackRock |
---|---|
Initial release | 1988 |
Type | Financial software |
License | Proprietary |
Website | Official website |
Aladdin (Asset, Liability and Debt and Derivative Investment Network)[1] is an electronic system built by BlackRock Solutions, the risk management division of the largest investment management corporation, BlackRock, Inc. In 2013, it handled about $11 trillion in assets (including BlackRock's $4.1 trillion assets), which was about 7% of the world's financial assets, and kept track of about 30,000 investment portfolios.[2] As of 2020, Aladdin managed $21.6 trillion in assets.[3]
Senior Managing Director Sudhir Nair is the current Global Head of BlackRock's Aladdin program.[4]
Adam Curtis's 2016 documentary HyperNormalisation cites the Aladdin system as an example of how modern technocrats attempt to manage the complications of the real world.
Aladdin uses the following technologies: Linux, Java, Hadoop, Docker, Kubernetes, Zookeeper, Splunk, ELK Stack, Apache, Nginx, Sybase ASE, Snowflake,[5] Cognos, FIX, Swift object storage, REST, AngularJS, TREP.[citation needed]
It was built/upgraded using Julia, i.e. "analytics modules for" were written in Julia.[6][7] It has also been reported that it was written originally in C++, Java and Perl.[8]