Franklin Resources, Inc, a global investment management organization operating as Franklin Templeton, has selected Aladdin^® by BlackRock to unify its investment management technology platform across public market asset classes.

Aladdin is a comprehensive technology solution that supports the entire investment management process across multiple asset classes and will also aid in the simplification of Franklin Templeton’s operation and reduction of long-term capital expenses. Its distinctive features will enable Franklin Templeton to meet the diverse needs of its specialist investment managers and further support its growth initiatives.

The Aladdin technology will enhance the investment lifecycle on a single platform by providing an investment book of record to enable scale, provide insights and support business transformation, while preserving the autonomous investment processes of Franklin Templeton’s specialist investment managers. Beginning in fiscal 2025, the transition will be phased over multiple years and will be seamless to clients.

Source: Franklin Templeton