Liontrust boosts investment system with BlackRock and BNY
Liontrust, the asset management firm, has rolled out a new system for managing its enterprise portfolio. This system is linked to a sophisticated data network designed to enhance its investment management processes, improve client services, and boost overall scalability.
This technological upgrade is designed to boost Liontrust’s investment and risk management capabilities, increase efficiency, and elevate the quality of information shared with its teams and clients.
The change has come about thanks to a partnership with BlackRock's Aladdin platform, which integrates investment management with a standardized data language to enhance scalability, insights, and business transformation. Additionally, BNY Mellon, a financial services provider, played a key role in this collaboration. By combining BlackRock’s Aladdin technology with BNY’s Data Vault and other partner systems, Liontrust has established a single source for investment data. Liontrust states that this comprehensive solution improves portfolio and risk management across its fund management teams and various asset classes and funds.
One aspect of the implementation is a revamped middle office operating model with BNY, which boosts data accuracy and efficiency, allowing Liontrust’s investment teams to manage their portfolios more effectively. The trading functions of this solution are driven by FlexTrade’s execution management system, FlexTRADER EMS, and Alpha Financial Markets Consulting assisted with the transition process.
One out of every three financial advisers utilizes customized portfolio management services.
John Ions, the CEO of Liontrust, stated: “Our new unified front-office system is a crucial investment that will positively impact both our business and our clients by improving the quality and consistency of data. This development will provide major advantages for our investment management and risk teams. We will be able to deliver and analyze data more efficiently, which will allow Liontrust to enhance its reporting and digital services for clients, while also boosting overall productivity in the company. Moreover, this solution sets the stage for Liontrust to incorporate new technologies in the future. We appreciate all our partners for their efforts in ensuring the project was completed on time and as smoothly as possible.”
Tarek Chouman, who leads the Aladdin Client Business at BlackRock, said: “We’re thrilled that Liontrust has chosen our Aladdin platform to support its long-term growth objectives. Our technology provides adaptable and integrated solutions, along with advanced tools for managing multiple asset types, which will bring significant value to Liontrust both now and in the future. We're excited to partner with BNY to create a scalable solution for Liontrust.”
Emily Portney, who leads asset servicing globally at BNY, remarked, “Navigating and leveraging data has become increasingly complex, presenting a major obstacle for asset managers who aim to expand and develop their businesses. We’re excited to assist Liontrust in upgrading their investment platform through a new data-centric operational framework that will provide vital insights, enhance the client experience, and boost operational efficiency. We also look forward to our ongoing collaboration with BlackRock to offer top-notch, comprehensive solutions for our joint clients.”
