Smarter Data, Stronger Firms | Elevating Wealth Advisory with Black Diamond

Data alone isn’t enough for advisors—it must be fast, accurate, and actionable. SS&C’s Black Diamond^® Wealth Platform ensures that they get it. Our team has developed a platform that delivers a reliable and powerful information network by combining verified reconciliation data, trusted industry partnerships, and real-world user input.

Turning raw data into real value is what sets firms apart. That’s why we give advisors the ability to extract, analyze, and apply their own data seamlessly, unlocking deeper insights and smarter decisions.

Powerful Data Access Tools

To help firms make the most of their data, we provide powerful tools designed for seamless access, organization, and analysis.

• Data Mining: A flexible, in-platform tool that lets users extract precisely what they need— entity details, relationships, or accounting data. Users can customize reports, export files, and even schedule automated data pulls.
• Advisor View: Designed for portfolio and performance reporting, this tool organizes returns, risk metrics, and fees by key grouping levels, making it easy to analyze investment trends.
• External API: We provide full data exports in a standardized format for firms managing their data warehouses, refreshed daily after reconciliation. These files integrate seamlessly with internal systems, ensuring consistent, up-to-date information across platforms.

Data in the Real World

Data Mining lets advisors pull all required records in minutes, transforming a process that once was a hassle into a streamlined operation. Each morning, automated reports flag key cash transactions as they occur. This timely insight enables advisors to review their data quickly and promptly address any irregularities.

More than that, Advisor View provides a clear daily snapshot, highlighting top client performance and drawing attention to significant deviations. It sets the stage for a focused, efficient start to the day. Additionally, our batch data offering integrates seamlessly with Business Intelligence tools, helping firms efficiently generate comprehensive reports and reduce manual data handling. Firms can also use batch data to build custom interstitial portals for investors, guiding them seamlessly to the Black Diamond Client Portal.

This suite of tools turns raw data into actionable insights, giving firms the competitive edge they need in today’s fast-paced market.

The Next-Generation Data-Sharing Platform

We’re not stopping there. Our next evolution is a powerful, shared real-time data hub—a cutting-edge, secure ecosystem designed to eliminate the inefficiencies of constant downloads and file transfers.

With Black Diamond managing the platform, firms gain uninterrupted access to critical reporting and accounting data, allowing them to optimize workflows, reduce operational overhead, and focus on delivering an exceptional client experience. This next-generation solution ensures advisors always have the right data at the right time, without any hassle.

Gaining the Competitive Edge

Time spent wrangling data is time lost on growing your business. With real-time access to accurate, up-to-date information, firms can eliminate the inefficiencies of outdated reports and manual data handling. Instead, advisors can concentrate on higher-value activities—identifying opportunities, optimizing portfolios, and delivering proactive client service. Black Diamond’s flexible integrations ensure firms can seamlessly connect with existing tools and workflows, transforming raw data into a powerful engine for growth and efficiency.

At the end of the day, firms need data they can trust and tools that make it easy to use. That’s what we’re building.

To learn more about how data mining can put actionable insights at your fingertips, request a personal demo, call 1-800-727-0605, or email info@advent.com.