FIA Tech Brings T+0 Derivatives Workflows Into BlackRock’s…
By Rick Steves
AI summary of the source article
FIA Tech has integrated its Trade Data Network with BlackRock’s Aladdin platform. The integration provides mutual clients with listed derivatives post-trade data and exception management to support real-time T+0 trade and fee break resolution.
Why it matters
The text states that "its significance lies in bringing shared data into a system investment managers already use" and helping "the industry move listed derivatives operations to real-time resolution of trade breaks and fee breaks on T+0."
Key facts
- FIA Tech integrated its Trade Data Network into BlackRock’s Aladdin platform for listed derivatives post-trade workflows.
- The integration connects data from executing brokers, clearing brokers, and clearinghouses to address discrepancies in trade details and fees on trade date (T+0).
- The partnership enables investment managers to resolve exceptions collaboratively within Aladdin without switching to separate standalone applications.
Source excerpt · FinanceFeeds
FIA Tech has integrated its Trade Data Network with BlackRock’s Aladdin platform , giving mutual clients access to listed derivatives post-trade data and exception management inside their investment workflows. The partnership targets a persistent operational weakness: execution, clearing and client records can describe the same futures or options trade differently, leaving teams to reconcile discr…