The Black Diamond Evolution

The Black Diamond Evolution

Since launching in 2005, the Black Diamond® Wealth Platform has been at the forefront of cloud-based financial technology.
Today, financial management firms of all sizes leverage the platform to streamline operations, deliver business insights, and connect with both prospects and clients to build long-lasting relationships.
  • 2005

    Black Diamond Performance Reporting Launched

    Pioneered the delivery of daily reconciliation and performance reporting services through a dynamic, user-friendly, and customizable platform.

  • 2009

    Introduced the Client Portal

    Modernized the advisor-client connection within a digital space, sparking the online client portal movement.

  • 2010

    Launched Mobile App

    Developed a robust mobile app to address the growing reliance of accessing advisor technology on the go, from anywhere.

  • 2011

    Acquired by Advent Software

    Acquired to expand footprint in the US advisory market.

  • 2015

    Acquired by SS&C Technologies

    Advent Software acquired by SS&C Technologies, a leading global technology firm spanning the health and financial services industries.

  • 2016

    Launched the Third Generation Black Diamond Wealth Platform

    Upgraded the platform’s foundation to support the future of the wealth management industry.

  • 2017

    Surpassed the 1000 Client Milestone

    Expanded market share and solidified position as an industry leader.

  • 2018

    Launched New Client Experience and Next-gen Rebalancer

    Introduced dynamic technology including a personalized and interactive online financial hub and a sophisticated rebalancing solution.

  • 2019

    Celebrated Firms Managing Over $1 Trillion AUM on the Platform

    More than 1,500 firms use Black Diamond to improve their client experience, drive operational efficiencies, and grow with scale. 

  • 2020

    Launched Client View

    Introduced an informational, interconnected, and actionable “command center” to help advisors view, analyze, and manage clients’ key details.

  • 2022

    Celebrated Firms Managing Over $2 Trillion AUM on the Platform

    Almost 1,900 firms of all shapes and sizes rely on the cloud-native Black Diamond platform as their investment technology stack.