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Portfolio Management

Black Diamond Wealth Platform

Unified wealth management platform empowering advisors with portfolio, reporting, and client engagement tools.

SOC 2
ISO 27001
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Category
Software
Ideal For
Wealth Managers
Deployment
Cloud
Integrations
200++ Apps
Security
End-to-end encryption, role-based access control, multi-factor authentication, audit logging
API Access
Yes - RESTful API for custom integrations and third-party connectivity

About Black Diamond Wealth Platform

Black Diamond Wealth Platform by SS&C Technologies is a comprehensive, cloud-based solution designed for wealth managers, financial advisors, and family offices seeking integrated portfolio and client management. The platform unifies portfolio management, client reporting, billing, automated rebalancing, and client engagement capabilities into a single interface, eliminating the need for disparate systems. Financial professionals gain real-time portfolio visibility, streamlined reporting workflows, and enhanced client communication tools. The platform supports complex multi-asset portfolios, customizable performance reporting, and automated trading workflows. AiDOOS enhances Black Diamond deployment by providing expert implementation consulting, custom API integration services, and governance framework optimization. Through AiDOOS, organizations can accelerate time-to-value, ensure compliance standardization across teams, and seamlessly integrate legacy systems while scaling operations efficiently.

Challenges It Solves

  • Wealth managers struggle with fragmented systems across portfolio management, reporting, and client communication
  • Manual portfolio rebalancing and reporting processes consume significant time and introduce errors
  • Difficulty delivering personalized, real-time client reporting and engagement at scale
  • Complex portfolio data reconciliation across multiple asset classes and custodians
  • Lack of unified visibility into client performance metrics and billing integration

Proven Results

64
Reduction in manual reporting time through automation
48
Improved client satisfaction via faster, accurate reporting
35
Decreased operational costs through platform consolidation

Key Features

Core capabilities at a glance

Unified Portfolio Management

Centralized oversight of multi-asset, multi-custodian portfolios

Real-time visibility across all client accounts and positions

Automated Rebalancing

Intelligent, rule-based portfolio rebalancing workflows

Consistent portfolio discipline with minimal manual intervention

Client Reporting & Analytics

Customizable, branded performance and holdings reports

Professional client communications delivered on schedule

Integrated Billing

Fee calculation and invoicing aligned with performance metrics

Accurate, transparent billing tied to portfolio performance

Client Portal & Engagement

Self-service client interface for account monitoring

Enhanced client experience and reduced advisor support requests

Compliance & Risk Management

Built-in regulatory monitoring and audit trail

Reduced compliance risk and streamlined regulatory audits

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Real-World Use Cases

See how organizations drive results

Multi-Asset Portfolio Management for Family Offices
Family offices manage complex portfolios spanning stocks, bonds, alternatives, and real estate across multiple custodians. Black Diamond provides unified visibility and consolidated reporting across all asset classes and entities.
72
Unified view of diversified portfolios and holdings
Automated Client Reporting for Wealth Advisors
Financial advisors need to deliver timely, personalized performance reports to clients. The platform automates report generation, customization, and distribution while maintaining brand consistency.
58
80% reduction in report preparation time
Fee Management and Billing Integration
Wealth managers require accurate, performance-based fee calculations tied to portfolio performance. Black Diamond integrates billing directly with portfolio data for seamless invoicing.
45
Accurate, automated fee billing and reconciliation
Rebalancing Workflow Automation
Advisors define rebalancing rules and thresholds; the platform automatically identifies drifts and generates trade recommendations for execution.
67
Consistent portfolio management without manual oversight

Integrations

Seamlessly connect with your tech ecosystem

C

Custodial Systems (Schwab, Fidelity, Pershing)

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Native integrations with major custodians for real-time account data, holdings, and transaction feeds

T

Trading Systems

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Direct connectivity to execution platforms for automated trade orders and settlement tracking

C

CRM Platforms (Salesforce, HubSpot)

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Bidirectional integration for client relationship data and advisor workflow coordination

D

Document Management Systems

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Integration with DMS platforms for report delivery, compliance documentation, and audit trails

A

Accounting Software

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Integration with accounting and bookkeeping platforms for fee reconciliation and financial reporting

T

Tax Reporting Systems

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Data feeds to tax preparation and reporting platforms for year-end reporting and compliance

P

Performance Measurement Engines

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Integration with external performance analytics and attribution systems for detailed portfolio analysis

Implementation with AiDOOS

Outcome-based delivery with expert support

Outcome-Based

Pay for results, not hours

Milestone-Driven

Clear deliverables at each phase

Expert Network

Access to certified specialists

Implementation Timeline

1
Discover
Requirements & assessment
2
Integrate
Setup & data migration
3
Validate
Testing & security audit
4
Rollout
Deployment & training
5
Optimize
Performance tuning

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Alternatives & Comparisons

Find the right fit for your needs

Capability Black Diamond Wealth Platform Thinkorswim Saipher ATC Trax
Customization Excellent Excellent Excellent Excellent
Ease of Use Good Good Good Good
Enterprise Features Excellent Excellent Excellent Excellent
Pricing Fair Excellent Fair Good
Integration Ecosystem Excellent Good Good Excellent
Mobile Experience Good Good Good Good
AI & Analytics Good Good Excellent Excellent
Quick Setup Fair Fair Fair Good

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Frequently Asked Questions

Does Black Diamond support multiple custodians and asset classes?
Yes. Black Diamond integrates with major custodians (Schwab, Fidelity, Pershing) and supports stocks, bonds, mutual funds, ETFs, alternatives, and real estate. Multi-custodian reconciliation is automated.
Can I customize client reports with my firm's branding?
Absolutely. The platform offers extensive report customization, including branded templates, custom metrics, performance attribution, and scheduled delivery to client portals.
How does Black Diamond integrate with my existing CRM or trading systems?
Black Diamond provides REST APIs, file-based integrations, and native connectors to Salesforce, HubSpot, and major trading platforms. AiDOOS consulting can expedite custom integration design and deployment.
Is the platform suitable for family offices with complex structures?
Yes. Black Diamond supports multiple accounts, entities, and reporting hierarchies, making it ideal for family offices managing complex multi-generational portfolios across different legal entities.
What level of support does AiDOOS provide for Black Diamond implementation?
AiDOOS provides implementation consulting, custom API integrations, governance framework setup, staff training, and ongoing optimization to maximize platform value and operational efficiency.
Can I automate portfolio rebalancing workflows?
Yes. Define rebalancing rules (drift thresholds, frequency, constraints) and Black Diamond automatically generates trade recommendations, which advisors can review and execute.