Intesa Sanpaolo to adopt BlackRock's Aladdin Wealth for International Banks unit
BlackRockBlackRock(US:BLK) Reuters·2026-03-05 11:33

Core Viewpoint - Intesa Sanpaolo, Italy's largest bank, is expanding its use of BlackRock's Aladdin Wealth investment technology to enhance its International Banks division, starting with Slovakia and Hungary, as part of its 2026-2029 strategy focused on technology as a growth driver [1] Group 1: Company Strategy - The adoption of Aladdin Wealth aligns with Intesa Sanpaolo's strategy to expand its advisory model internationally [1] - The rollout of the platform will also include Slovenia and Croatia by 2027, indicating a phased approach to expansion [1] Group 2: Technology Integration - Aladdin Wealth is an investment and risk management platform that Intesa Sanpaolo is already utilizing, showcasing the bank's commitment to leveraging advanced technology for growth [1] - The integration of this technology is seen as a key growth driver for the International Banks unit, emphasizing the importance of tech in the bank's future operations [1]

Intesa Sanpaolo to adopt BlackRock's Aladdin Wealth for International Banks unit - Reportify