Visualizing UBS's strategic separation from BlackRock Aladdin, symbolizing a move to internal systems and significant cost savings for asset management.
Press Release

UBS BlackRock Aladdin: A Pivotal Shift Unlocks $100M in Annual Savings Post-Merger

In a significant development echoing through the global financial landscape, Swiss banking giant UBS has announced the termination of its long-standing contract with BlackRock’s widely utilized Aladdin technology platform. This strategic move, inherited and driven by the massive integration following the Credit Suisse merger, is projected to deliver an impressive $50–100 million in annual cost […]