06-08-2025
SS&C Technologies integrates wealth offerings into single platform
SS&C Technologies Holdings has introduced SS&C Black Diamond Wealth Solutions, consolidating various wealth management functions into one integrated platform.
The solution aims to cater to the needs of wealth managers by simplifying their technology and operational requirements.
The suite is currently employed by over 3,000 firms and supports more than 800,000 active users, overseeing assets that exceed $3.6tn.
It encompasses several features such as a centralised system for portfolio management and reporting, as well as tools for handling alternative investments.
Its Client Portal, which ensures secure communication and facilitates integration with third-party services, accessible both through web and mobile interfaces.
The suite also includes customer relationship management (CRM) capabilities that assist in prospecting, managing client relationships, and tracking activities.
For trust and retirement planning services, the suite offers accounting, reporting, and the administration of benefits payments.
Furthermore, the suite provides Investment Management features, including the creation of investment proposals, a marketplace for investment models, and outsourced chief investment officer (OCIO) services.
Trading & Rebalancing tools are also included by assisting in executing trades and maintaining tax-efficient portfolio alignment.
The suite is rounded out with Business Intelligence & Billing, which delivers insights into practice analytics and manages revenue.
SS&C Technologies Wealth and Investment Technologies co-general manager Steve Leivent said: "SS&C Black Diamond Wealth Solutions gives firms a truly integrated experience without the friction of working across separate systems.
'Advisors can now manage the full client lifecycle from one ecosystem, with seamless data flow, automated workflows, and enhanced insights.'
In February, SS&C Technologies expanded its alliance with LPL Financial Holdings, which will now incorporate SS&C's ALTSERVE platform to improve its alternative investment offerings.
"SS&C Technologies integrates wealth offerings into single platform " was originally created and published by Private Banker International, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
