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BlackRock former head of Aladdin Jody Kochansky left the firm - Business Insider

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A BlackRock memo about Aladdin architect Jody Kochansky's departure lays out how he shaped the giant asset manager over nearly three decades at the firm

This story requires our BI Prime membership. To read the full article,After nearly three decades at BlackRock, Jody Kochansky left the firm last week, according to a post on his LinkedIn page.

"I'm proud to have helped transform BlackRock from an unknown boutique New York fixed-income manager to a tech-powered global solutions provider with nearly $7 trillion under management," Kochansky said in a LinkedIn post. Starting at Larry Fink's asset manager in 1992 building bond analytics and a risk-reporting platform, Kochansky worked as a fixed-income portfolio manager, led the construction of the Aladdin platform — the risk management and analytics platform used by BlackRock and thousands of the firm's clients — and was in charge of equity trading, portfolio analytics, and, finally, the Aladdin product group.

The memo, written by BlackRock Chief Operating Officer Rob Goldstein, praised Kochansky's creativity, noting that his style "will guide the firm's technology culture for years to come."

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