"They became members of BlackRock's Tech Fellows program, a group of 24 senior technologists playing a crucial role in the$13.5 trillion firm's vision and operations. This year's members underwent a rigorous application process - from being nominated to completing written evaluations and interviews - before being voted into the program by current fellows, Nish Ajitsaria, BlackRock's co-head of Aladdin product engineering and executive sponsor of AI, and the co-executive sponsor of the program, said."
""We think about the combination of technical expertise, domain expertise, commercial mindset, but really lifting the platform, the culture, the experience across the firm," said Ajitsaria, who has been involved with Tech Fellows since it launched in 2020. Many of this year's fellows are credited with mentoring other technologists, according to an internal announcement shared with Business Insider. Technologists are gaining more and more influence on Wall Street as firms race to adopt AI.BlackRock has long positioned itself as equal parts financial technology company and asset manager. Aladdin - the firm's sprawling risk and portfolio management platform - underpins its client relationships, and tech-related revenue is among its fastest-growing businesses."
Five BlackRock employees joined the Tech Fellows program, bringing membership to 24 senior technologists. Selection required nomination, written evaluations, interviews, and a vote by current fellows and senior sponsors including Nish Ajitsaria. Tech Fellows combine technical and domain expertise with a commercial mindset to lift platforms, culture, and firmwide experience. Many fellows mentor other technologists. Technologists are gaining influence on Wall Street as firms race to adopt AI. BlackRock positions itself as both a financial technology company and an asset manager, with Aladdin underpinning client relationships. Technology services and subscription revenue rose 28% year-on-year last quarter, fueled by Aladdin and the integration of Preqin's private-markets data. Four of this year's fellows work in Aladdin.
Read at Business Insider
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