Black Diamond (SS&C Advent)

The Black Diamond Wealth Platform, a part of SS&C Advent, offers a comprehensive set of tools designed to manage and optimize the complete wealth picture for family offices, wealth managers, and financial advisors. By serving as a central hub for performance reporting and data management, Black Diamond aims to streamline operations, enhance profitability, and support business growth through its suite of innovative solutions. The platform is tailored to meet the diverse needs of its clientele, ranging from single-family offices to multi-family offices and wealth managers.

The platform includes a variety of solutions such as portfolio management, accounting, reporting, trading, rebalancing, compliance, data management, and client relationship management. These solutions are designed to address the complex needs of asset managers, alternative managers, and wealth managers by offering a cohesive and integrated approach to wealth management.

Key features of the Black Diamond Wealth Platform include its robust performance, reporting, and attribution tools, as well as a client portal that enhances communication and transparency. The platform also supports trading and rebalancing, fund order management, and investor servicing, providing a holistic approach to wealth management that is both flexible and scalable to meet the evolving demands of its users.

Black Diamond has established a strong client base and partnerships within the financial services industry. By aligning itself with industry leaders and integrating best-of-breed technologies, the platform ensures that its users benefit from the latest advancements in wealth management software. The platform's technical capabilities are supported by a cloud-based infrastructure that allows for seamless updates, scalability, and remote accessibility, ensuring that users have access to the tools they need anywhere, anytime.

Integration is a key aspect of the Black Diamond Wealth Platform, with options available for connecting with various third-party systems to enhance functionality and operational efficiency. The platform offers robust API availability and data connectivity, allowing users to integrate with a wide range of financial data providers and ecosystem partners, thereby expanding their capabilities and improving data accuracy.