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BlackRock’s Julia-Powered Aladdin Platform Featured in New York Times

29 Mar 2017 | Julia Computing

New York, NY – BlackRock’s Julia-powered Aladdin analytics and risk management platform was featured in yesterday’s New York Times in an article titled “At BlackRock, Machines Are Rising Over Managers To Pick Stocks”.

BlackRock is the world’s largest asset manager, with $5.1 trillion under management. BlackRock’s trademark Aladdin platform was built using Julia, the fastest modern high performance open source computing language for data and analytics.

About Julia Computing and Julia

Julia Computing (JuliaComputing.com) was founded in 2015 by the co-creators of the Julia language to provide support to businesses and researchers who use Julia.

Julia is the fastest modern high performance open source computing language for data and analytics. It combines the functionality and ease of use of Python, R, Matlab, SAS and Stata with the speed of Java and C++. Julia delivers dramatic improvements in simplicity, speed, capacity and productivity. With more than 1 million downloads and +161% annual growth, Julia adoption is growing rapidly in finance, energy, robotics, genomics and many other fields.

  1. Julia is lightning fast. Julia provides speed improvements up to 1,000x for insurance model estimation, 225x for parallel supercomputing image analysis and 11x for macroeconomic modeling.

  2. Julia is easy to learn. Julia’s flexible syntax is familiar and comfortable for users of Python, R and Matlab.

  3. Julia integrates well with existing code and platforms. Users of Python, R, Matlab and other languages can easily integrate their existing code into Julia.

  4. Elegant code. Julia was built from the ground up for mathematical, scientific and statistical computing, and has advanced libraries that make coding simple and fast, and dramatically reduce the number of lines of code required – in some cases, by 90% or more.

  5. Julia solves the two language problem. Because Julia combines the ease of use and familiar syntax of Python, R and Matlab with the speed of C, C++ or Java, programmers no longer need to estimate models in one language and reproduce them in a faster production language. This saves time and reduces error and cost.

Julia users, partners and employers looking to hire Julia programmers in 2017 include: Google, Apple, Amazon, Facebook, IBM, Intel, Microsoft, BlackRock, Capital One, PricewaterhouseCoopers, Ford, Oracle, Comcast, DARPA, Moore Foundation, Federal Reserve Bank of New York (FRBNY), UC Berkeley Autonomous Race Car (BARC), Federal Aviation Administration (FAA), MIT Lincoln Labs, Nobel Laureate Thomas J. Sargent, Brazilian National Development Bank (BNDES), Conning, Berkery Noyes, BestX, Path BioAnalytics, Invenia, AOT Energy, AlgoCircle, Trinity Health, Gambit, Augmedics, Tangent Works, Voxel8, Massachusetts General Hospital, NaviHealth, Farmers Insurance, Pilot Flying J, Lawrence Berkeley National Laboratory, National Energy Research Scientific Computing Center (NERSC), Oak Ridge National Laboratory, Los Alamos National Laboratory, Lawrence Livermore National Laboratory, National Renewable Energy Laboratory, MIT, Caltech, Stanford, UC Berkeley, Harvard, Columbia, NYU, Oxford, NUS, UCL, Nantes, Alan Turing Institute, University of Chicago, Cornell, Max Planck Institute, Australian National University, University of Warwick, University of Colorado, Queen Mary University of London, London Institute of Cancer Research, UC Irvine, University of Kaiserslautern.

Julia is being used to: analyze images of the universe and research dark matter, drive parallel supercomputing, diagnose medical conditions, provide surgeons with real-time imagery using augmented reality, analyze cancer genomes, manage 3D printers, pilot self-driving racecars, build drones, improve air safety, manage the electric grid, provide analytics for foreign exchange trading, energy trading, insurance, regulatory compliance, macroeconomic modeling, sports analytics, manufacturing and much, much more.

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