Luma Financial Technologies, a platform for structured products, annuities, and life insurance solutions, announced an integration with BlackRock’s Aladdin Wealth platform. The integration enables the delivery of enhanced structured product data and analytics to Luma and Aladdin Wealth clients via the Aladdin Wealth platform.
Wealth managers and private banks will now benefit from a unified, whole portfolio view to “forecast, analyze, and evaluate structured exposures within client portfolios.”
Luma’s structured product data engine delivers data feeds into the Aladdin Wealth platform and its analytics framework via APIs—lowering friction and ensuring access to structured product information within workflows.
Leveraging Luma’s dataset—which tracks and administers more than $300 billion in structured products and supports the product lifecycle, including post-trade performance monitoring and analytics—Aladdin Wealth and Luma mutual clients can now “effectively forecast, analyze, and evaluate structured exposures within client portfolios.”
The integration expands data coverage and increases accessibility to strengthen risk oversight, help “improve decision-making, and align investments with client objectives.”
Brady Beals, MD, Head of Investment Solutions at Luma Financial Technologies said that BlackRock Aladdin’s decision to integrate Luma data within the Aladdin Wealth platform “reflects the industry’s demand for analytics that support a consistent investment process across client segments.”
Ted Stratigos, Global Head of Aladdin Wealth Tech said that partnering with Luma brings clients the full spectrum of structured products across global wealth markets, reflecting their focus on “building an ecosystem that helps advisors understand, manage, optimize structured product exposures alongside the rest of the portfolio.”
The integration reflects a industry shift toward “data-driven decision-making and cross-asset visibility.”
With Luma data now integrated into the Aladdin Wealth platform, investment teams worldwide gain a “holistic lens on structured product exposures, supporting diversified, resilient portfolios designed to meet client goals across market cycles. ”
Founded in 2018, Luma Financial Technologies has provided a fintech platform adopted by broker/dealers, RIA offices, and private banks.
Luma enables financial professionals “to research, price, purchase, and manage structured products and annuities via a multi-issuer platform.”
By simplifying “complexity” across education, creation, order entry, and post-trade management, Luma says it aims to deliver efficiency and scalability to institutions and advisors.
Headquartered in Cincinnati, OH, Luma also has “offices in New York, Miami, Zurich, and Lisbon.”
As mentioned in the recent announcement, Aladdin Wealth is BlackRock’s tech platform that enables wealth managers to support growth across client segments, “drive advisor efficiency & scale through digital systems, and deepen relationships by surfacing business opportunities to personalize client portfolios.”
As a partner to wealth managers and private banks, Aladdin Wealth combines risk analytics with portfolio management on a unified platform.
