Wealthtech

Singlife Taps Citi and Blackrock to Revamp Its Investment Capabilities

Financial services company Singlife has appointed Citi and investment company BlackRock for a technology platform to transform its asset management capabilities from end-to-end.

Singlife’s integration with Citi and BlackRock’s Aladdin platform will provide clients with complete portfolio management capabilities that improve efficiencies, automate controls and enable a seamless front-to-back experience.

In addition, it ensures that internal and external portfolio management services are integrated with complete attribution and full reconciliation across all investment and accounting records, while incorporating sustainability and meeting regulatory requirements

Singlife will also be able to leverage the platform to better calculate and continuously monitor risk exposures and optimise portfolio returns.

Kim Rosenkilde

Kim Rosenkilde, Group Chief Investment Officer, Singlife said,

“Safeguarding assets, improving internal processes and increasing efficiencies across the board is fundamental in allowing us to better serve and focus on our clients.

Our mission to always find ‘a better way’ extends to our engagement with Citi and BlackRock Aladdin, who are globally recognised as the premier provider of custody services and the industry-leading portfolio management platform respectively.”