BlackRock , the world 's largest investment manager , is planning a recruitment programme aiming to reduce gaps in communications between itself and its clients . The programme , which the company is calling Aladdin plc , uses a private blockchain . The firm is planning to carry out a similar strategy for its clients if it proves successful . BlackRock is also planning a technology - driven hiring push , looking to add 2,000 technologists to its staff by 2020 .
BlackRock, the world's largest investment manager, is piloting a blockchain programme aiming to reduce errors in communications between itself and its custodians. The programme, which the company is calling Aladdin Provider, uses a private blockchain. The firm is planning to roll out a similar programme for its clients if it proves successful. BlackRock is also planning a technology-driven hiring push, looking to add 2,000 technologists to its staff by 2020.