BlackRock Expands Aladdin Platform to AWS, Enhancing Multi-Cloud Choice for Financial Clients
December 2, 2025
In a significant move for the financial technology sector, BlackRock, the world's largest asset manager, has announced a strategic partnership with Amazon Web Services (AWS) to host its flagship Aladdin investment and risk management platform on the cloud giant's infrastructure. This expansion marks a pivotal step in the industry's ongoing migration of mission-critical financial workloads to the cloud, offering institutional clients greater flexibility and scalability.
The collaboration will enable financial institutions that license the Aladdin platform to deploy and manage their technology ecosystems on AWS. The platform, whose acronym stands for Asset, Liability, Debt, and Derivative Investment Network, is a core operating system for investment management, used by BlackRock itself and licensed to hundreds of other firms globally. General availability of Aladdin on AWS is scheduled to launch in the United States in the second half of 2026. Notably, Amazon's own corporate treasury, Amazon Treasure, will utilize the platform to manage its global investment portfolio.
The Aladdin platform, first launched in 1988, has grown from running on a single workstation to supporting an immense scale of assets. By 2020, it was reported to be managing approximately $21.6 trillion in assets. Historically reliant on BlackRock's own on-premises data centers, including Uptime Institute-certified facilities in Wenatchee, Washington, and New York, the platform began its cloud transition in 2022 with a partnership to host on Microsoft Azure. The new AWS offering solidifies Aladdin's multi-cloud architecture.
Senior executives from both companies emphasized the strategic importance of the deal. "Our Aladdin clients are seeking open, flexible platforms that can adapt to their operating models and scale with their ambitions," said Sudhir Nair, senior managing director and global head of Aladdin at BlackRock. "The Aladdin platform is built to be multi-cloud, and Aladdin on AWS is a key step in enabling multi-cloud functionality. By expanding Aladdin to AWS, we are giving clients more choice in where and how they deploy their technology ecosystem."
Scott Mullins, managing director of worldwide financial services at AWS, added, "Our partnership with BlackRock combines AWS’s 20 years of experience running mission-critical financial services workloads with Aladdin’s industry-recognized technology expertise." He stated that clients would gain access to secure, scalable infrastructure for advanced risk modeling and analytics.
The partnership underscores AWS's deepening footprint in the capital markets, following recent cloud migrations by institutions like the Macquarie Group, the London Stock Exchange, and through a partnership with Nasdaq to help market operators transition to the cloud. For BlackRock, offering Aladdin on a second major public cloud provides its diverse client base with critical redundancy, performance optimization options, and strengthens its position as a leading technology provider in the finance industry.
Source: datacenterdynamics
