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Danske Bank launches wealth management product Butterfly based on BlackRock technology

Danske Bank launches wealth management product Butterfly based on BlackRock technology

智通财经智通财经2026/09/09 12:26
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Danske Bank has announced that it is making the largest wealth management investment in its history, launching a product aimed at wealthy private clients that uses technology developed by BlackRock. The solution, named Butterfly, is built on BlackRock’s Aladdin Wealth platform. Denmark’s largest lender stated that it is the first bank in the Nordics to use this technology, which helps bankers manage investment portfolios and analyze risks. This move comes as Nordic banks are seeking a larger share of the wealth management business and are expanding their fee-based operations. The investment is part of Danske Bank’s strategy to increase investment in digital platforms and provide expert advice through partnerships. The bank stated that Butterfly will gradually be rolled out to more high-end clients and will be introduced to clients in Finland and Sweden later this year.
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