BlackRock and AccessFintech partner to increase post-trade connectivity between buy- and sell-side
PositiveArtificial Intelligence
- BlackRock has partnered with AccessFintech to enhance post-trade connectivity between buy-side and sell-side firms, marking a significant step in improving operational efficiencies in the investment management sector. This collaboration also includes an investment from BlackRock to support AccessFintech's growth phase.
- This partnership is crucial for BlackRock as it seeks to streamline post-trade processes, thereby improving service delivery and operational effectiveness in a competitive market. The investment reflects BlackRock's commitment to innovation and technological advancement in financial services.
- The move aligns with broader industry trends where firms are increasingly focusing on enhancing connectivity and reducing risks in post-trade environments. Similar initiatives, such as LSEG's new offerings to mitigate FX options market risks, highlight a growing emphasis on collaboration and technological solutions to address challenges faced by financial institutions.
— via World Pulse Now AI Editorial System
