SS&C Advent

Technology Providers (Platform Innovation, Portfolio Reporting)

SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 11,000 financial services organizations, from the world ’ s largest institutions to local firms, manage and account for their investments using SS&C’s products and services. These clients manage an aggregate of over $44 trillion in assets.

Advent, a business unit of SS&C, is helping over 4,300 investment firms in more than 50 countries — from established global institutions to small start- up practices. Delivering unparalleled solutions and services for more than 30 years, we help firms minimize risk, optimize efficiencies and grow their business. Phone Number


Black Diamond: Innovations in Integrations, Reporting and Business Intelligence Tools

SS&C Advent continues to innovate and invest in the Black Diamond wealth platform, the newest version of which offers a complete wealth management experience f or advisors and their clients. Black Diamond offers a collaborative platform that helps advisors strengthen client relationships. Recent enhancements include:

The new native integration between Riskalyze and Black Diamond, released in Q1 2017, gives advisors Riskalyze’s powerful risk alignment tools right inside of Black Diamond so that they can seamlessly incorporate risk into their clients ’ complete wealth picture. This integration is part of the bigger picture for Black Diamond as SS&C Advent continues to innovate and invest in delivering advisors a complete wealth platform encompassing portfolio accounting and reporting, financial planning, risk assessment, outside aggregation, CRM, and access to managed accounts.

Report Builder , a new tool released in Q1 2017, is a significant step in the evolution of Black Diamond ’ s reporting capabilities. Report Builder places the power of managing reports in the advisor ’ s hands by providing the ability to make on -demand changes to existing reports and build new reports from scratch. Report Builder has made the process of generating reports more accessible and flexible for advisors.

The new Business Intelligence dashboard in Black Diamond is designed to demonstrate the growth of a firm ’ s business through the analysis of four key metrics: Assets under Management, Revenue (Management Fees), Client Relationships and Net Flows over time. A firm manager or individual advisor can quickly identify the current standing of the business, look for trends and outliers, and examine the details of client relationships.

Advent Outsourcing Services

Advent Outsourcing Services offers cloud deliver of portfolio management, accounting and performance reporting with a selection of software solutions. Firms can also choose from a menu of middle- and back-office services, backed by a dedicated services team that will work with the client firm to custom-tailor workflows to their specifications.

“Using Advent Outsourcing Services allows us to go to one provider, one team, and that really simplifies things on our end.” – Charles Zambri, Chief Compliance Officer and Director of Client Service, Boston Financial Management

Benefits include:
Secure, reliable and guaranteed system availability
Customized automation and monitoring: Confirm that data uploads and downloads are successful, integrations are working as intended, workflows are in order, and the system is responding as it should.

Updates on the status of processes and health of the client’s systems every morning Business continuity and disaster recovery

Operational services available include:

Comprehensive reconciliation including: position, cost basis, and transaction reconciliation
Manual statement updating and processing
Performance maintenance and validation
Client reporting

What’s more, data solutions including: market data, custodial data, and corporate action processing are included with Advent Outsourcing Services.

Few organizations can match SS&C Advent’s depth of experience in outsourced technology and services. Expanded technology options, and a wide selection of services, backed by time-tested operational expertise has been embraced by both existing and new clients. With the flexibility to customize our solutions and services to meet client needs, Advent Outsourcing Services enables firms to focus on the activities that matter most to their business.

Category Finalists

Technology Providers (Platform Innovation)

Technology Providers (Portfolio Reporting)

Key Business Leader

David Welling

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