SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced that its Black Diamond® wealth platform was recognized as the top technology provider for "Account Aggregation" at 2016 WealthManagement.com Industry Awards. Selected for providing true client-ready data and net worth reporting, the Black Diamond team accepted the award among other industry winners on Thursday, September 29 at the Mandarin Oriental in New York City.
The WealthManagement.com Industry Awards program recognizes the companies and organizations that support financial advisor success. Submissions were evaluated by a panel of judges including top editorial staff at WealthManagement.com, practicing advisors, industry analysts, consultants, and other advisory industry participants.
"The innovative enhancements to broad and deep account aggregation SS&C made to the Black Diamond wealth platform impressed our judging panel and made it the clear choice to win the "Account Aggregation" category," said David Armstrong, editor-in-chief and executive director of content and user engagement, WealthManagement.com. "In an era of impending stricter regulation, investors are demanding greater transparency when it comes to their wealth. SS&C's Black Diamond team has anticipated and responded to the changes to help advisors to better serve and deliver greater visibility to their clients through the use of data."
2016 marked another major year of innovation for Black Diamond with the unveiling of advancements to the reporting, advisor dashboards and client communications experience within the third generation of the platform. New API capabilities allowing for seamless, two-way integration were also announced to expand the value of the Black Diamond Integration Network. Most recently, Riskalyze and Advizr were announced as Platform Partners, creating a more unified experience bringing together Black Diamond's powerful reporting and client portal and communications capabilities with financial planning and risk alignment capabilities.
"We believe that's it's important to provide technology tools with exceptionally high-quality aggregated data, which helps advisors build trust with clients when discussing their complete wealth picture," said Dave Welling, Managing Director and Co-General Manager, SS&C Advent. "We will continue to invest in our solutions and services to enable advisors to strengthen interactive relationships with clients, while managing back office activities with the greatest efficiency possible."