STOCK TITAN

Franklin Templeton Selects Aladdin by BlackRock to Unify Its Investment Management Technology

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Franklin Templeton (NYSE:BEN) has chosen Aladdin by BlackRock to unify its investment management technology platform across public market asset classes. This comprehensive solution will support the entire investment process, simplify operations, and reduce long-term capital expenses. Aladdin's features will enable Franklin Templeton to meet the diverse needs of its specialist investment managers and support growth initiatives.

The technology will provide an investment book of record on a single platform, enhancing the investment lifecycle while preserving autonomous investment processes. The transition, beginning in fiscal 2025, will be phased over multiple years and is expected to be seamless for clients.

Franklin Templeton (NYSE:BEN) ha scelto Aladdin di BlackRock per unificare la sua piattaforma di tecnologia per la gestione degli investimenti attraverso le classi di attivo del mercato pubblico. Questa soluzione completa supporterà l'intero processo di investimento, semplificherà le operazioni e ridurrà le spese di capitale a lungo termine. Le funzionalità di Aladdin permetteranno a Franklin Templeton di soddisfare le diverse esigenze dei suoi gestori di investimento specialistici e di supportare le iniziative di crescita.

La tecnologia fornirà un libro degli investimenti su un'unica piattaforma, migliorando il ciclo di vita degli investimenti mantenendo processi di investimento autonomi. La transizione, che inizierà nel fiscal 2025, sarà attuata in fasi nel corso di più anni e si prevede che sarà senza problemi per i clienti.

Franklin Templeton (NYSE:BEN) ha elegido Aladdin de BlackRock para unificar su plataforma de tecnología de gestión de inversiones a través de las clases de activos del mercado público. Esta solución integral apoyará todo el proceso de inversión, simplificará las operaciones y reducirá los gastos de capital a largo plazo. Las características de Aladdin permitirán a Franklin Templeton satisfacer las diversas necesidades de sus gestores de inversiones especialistas y apoyar las iniciativas de crecimiento.

La tecnología proporcionará un libro de registro de inversiones en una única plataforma, mejorando el ciclo de vida de la inversión mientras se preservan los procesos de inversión autónomos. La transición, que comenzará en fiscal 2025, se implementará en varias fases durante varios años y se espera que sea sin problemas para los clientes.

프랭클린 템플턴(NYSE:BEN)은 블랙록의 알라딘을 선택하여 공공 시장 자산 클래스 전반에 걸쳐 투자 관리 기술 플랫폼을 통합합니다. 이 포괄적인 솔루션은 전체 투자 프로세스를 지원하고 운영을 간소화하며 장기 자본 비용을 줄여줍니다. 알라딘의 기능은 프랭클린 템플턴이 전문 투자 관리자들의 다양한 요구를 충족시키고 성장 이니셔티브를 지원할 수 있게 합니다.

이 기술은 단일 플랫폼에서 투자 기록부를 제공하며, 투자 생애 주기를 향상시키면서 독립적인 투자 프로세스를 유지합니다. 2025 회계연도에 시작되는 이 전환은 여러 해에 걸쳐 단계적으로 진행될 예정이며, 고객에게는 원활할 것으로 예상됩니다.

Franklin Templeton (NYSE:BEN) a choisi Aladdin de BlackRock pour unifier sa plateforme technologique de gestion d’investissement sur l’ensemble des classes d’actifs du marché public. Cette solution complète soutiendra tout le processus d’investissement, simplifiera les opérations et réduira les dépenses en capital à long terme. Les fonctionnalités d’Aladdin permettront à Franklin Templeton de répondre aux divers besoins de ses gestionnaires d’investissements spécialisés et de soutenir les initiatives de croissance.

La technologie fournira un livre de comptes d’investissements sur une seule plateforme, améliorant le cycle de vie de l’investissement tout en préservant des processus d’investissement autonomes. La transition, qui commencera dans le l’exercice fiscal 2025, sera réalisée par phases sur plusieurs années et devrait se faire sans heurts pour les clients.

Franklin Templeton (NYSE:BEN) hat sich für Aladdin von BlackRock entschieden, um seine Technologieplattform für das Investmentmanagement über öffentliche Marktanlagen hinweg zu vereinheitlichen. Diese umfassende Lösung wird den gesamten Investitionsprozess unterstützen, die Abläufe vereinfachen und langfristige Kapitalausgaben reduzieren. Die Funktionen von Aladdin ermöglichen es Franklin Templeton, die unterschiedlichen Bedürfnisse seiner spezialisierten Investmentmanager zu erfüllen und Wachstumsinitiativen zu unterstützen.

Die Technologie wird ein Investmentbuch auf einer einzigen Plattform bereitstellen, wodurch der Investitionslebenszyklus verbessert wird, während autonome Investitionsprozesse erhalten bleiben. Der Übergang, der im Geschäftsjahr 2025 beginnt, wird über mehrere Jahre in Phasen erfolgen und soll für die Kunden reibungslos sein.

Positive
  • Adoption of a comprehensive investment management technology solution
  • Potential for operational simplification and long-term capital expense reduction
  • Enhanced support for diverse investment manager needs and growth initiatives
  • Improved investment lifecycle management on a single platform
Negative
  • Multi-year transition period starting in fiscal 2025 may delay immediate benefits

Insights

Franklin Templeton’s decision to adopt Aladdin by BlackRock is a significant move in the investment management space. Aladdin is renowned for its robust capabilities in portfolio management, risk analytics and operational efficiencies. By integrating this technology, Franklin Templeton aims to streamline operations and cut long-term capital expenses. This should lead to better cost management and potentially higher profit margins in the future. However, the key here will be the successful and seamless implementation of this platform, which is slated to begin in 2025. Any disruptions during this transition could impact client trust and operational efficiency in the short term.

Aladdin by BlackRock is considered an industry-leading technology platform that integrates data and analytics across various asset classes. For Franklin Templeton, the adoption of Aladdin represents a strategic upgrade to a more sophisticated and unified technology infrastructure. This move will likely enhance their data management capabilities, providing better insight into portfolio performance and risk. Additionally, it can help in scaling their operations while maintaining the autonomy of their specialized investment teams. For investors, this indicates a forward-thinking approach to technology, which could lead to improved investment outcomes.

The adoption of Aladdin by Franklin Templeton is positioned as a transformative step not just for operational efficiency but also for future growth. This transition aligns with industry trends where large asset managers are increasingly relying on advanced technology platforms to gain competitive advantages. By simplifying operations and unifying their investment management processes, Franklin Templeton is likely to enhance its capability to attract and retain clients. Additionally, the phased implementation over multiple years suggests a well-thought-out strategy to mitigate risks associated with such a significant technological shift.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Resources, Inc. (NYSE:BEN), 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.

About Franklin Templeton

Franklin Resources, Inc. (NYSE:BEN) is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the Company offers specialization on a global scale, bringing extensive capabilities in equity, fixed income, alternatives, and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of June 30, 2024. For more information, please visit franklinresources.com.

Forward-Looking Statements

Statements in this press release that are not historical facts are “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this press release, words or phrases generally written in the future tense and/or preceded by words such as “will,” “may,” “could,” “expect,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “estimate,” “preliminary” or other similar words are forward-looking statements.

Various forward-looking statements in this press release relate to the transition by Franklin Resources, Inc. (“Franklin Templeton”) to the Aladdin technology. Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Important risk factors that may cause such differences include: (i) the transition to the Aladdin technology may not be completed in a timely manner; (ii) the transition may be more expensive or require more resources than expected; and (iii) anticipated benefits of the transition may not be fully realized or may take longer to realize than expected.

Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors that may cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements, including market and volatility risks, investment performance and reputational risks, global operational risks, competition and distribution risks, third-party risks, technology and security risks, human capital risks, cash management risks, and legal and regulatory risks. For a detailed discussion of risk factors, please refer to Franklin Templeton’s recent filings with the U.S. Securities and Exchange Commission (“SEC”), including, without limitation, those discussed under the headings “Risk Factors” and “Quantitative and Qualitative Disclosures About Market Risk” in Franklin Templeton’s most recent Annual Report on Form 10-K and subsequent periodic and current reports.

Any forward-looking statement made in this press release speaks only as of the date on which it is made. Factors or events that could cause actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Franklin Templeton undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Franklin Resources, Inc.

Investor Relations: Selene Oh (650) 312-4091, selene.oh@franklintempleton.com

Media Relations: Jeaneen Terrio (212) 632-4005, jeaneen.terrio@franklintempleton.com

investors.franklinresources.com

Source: Franklin Resources, Inc.

FAQ

What technology platform has Franklin Templeton (BEN) selected for its investment management?

Franklin Templeton (BEN) has selected Aladdin by BlackRock to unify its investment management technology platform across public market asset classes.

When will Franklin Templeton (BEN) begin transitioning to the Aladdin platform?

Franklin Templeton (BEN) will begin transitioning to the Aladdin platform in fiscal 2025, with the process phased over multiple years.

How will the Aladdin platform benefit Franklin Templeton's (BEN) operations?

The Aladdin platform is expected to simplify Franklin Templeton's operations, reduce long-term capital expenses, and enhance the investment lifecycle on a single platform while preserving autonomous investment processes.

Will Franklin Templeton's (BEN) transition to Aladdin affect its clients?

Franklin Templeton (BEN) states that the transition to Aladdin will be seamless to clients, despite being phased over multiple years.

Franklin Resources, Inc.

NYSE:BEN

BEN Rankings

BEN Latest News

BEN Stock Data

11.23B
523.00M
46.85%
44.9%
6.21%
Asset Management
Investment Advice
Link
United States of America
SAN MATEO