BlackRock and Microsoft collab on retirement platform

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

BlackRock and Microsoft (MSFT +0.1%) are jointly exploring next-generation solutions to help Americans with retirement needs.

The companies are exploring a platform to help people improve saving and investment habits through regular engagement. BlackRock will bring investment products it will design and manage to the table while Microsoft supplies the technology.

Microsoft CEO Satya Nadella: “Today millions of Americans are struggling to achieve their financial goals for retirement. Together with BlackRock we will apply the power of the cloud and AI to introduce new solutions that address this important challenge and reimagine retirement planning.”

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