Black Diamond vs SEI's Archway Comparison
You are looking for alternatives to Black Diamond. Here you can compare the best Investment Management Software and other family office technologies based on our annual benchmark and comparison surveys

Black Diamond
Category
Consolidated Reporting
USA-based, the Black Diamond Wealth Platform offers a cloud-based solution encompassing accounting, consolidated reporting, compliance, portfolio management, trading and data aggregation. Complete with performance reporting, portfolio rebalancing and an immersive client portal, the platform connects to a vast ecosystem of smart integrations.
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SEI – Archway Platform℠
Category
Consolidated Reporting
Developed in the USA, SEI's Archway Platform℠ and outsourced services streamline the accounting, investment data aggregation and reporting operations of family offices and financial institutions. SEI's platform efficiently handles complex partnerships, portfolios, and corporate accounting alongside investment management and multi-asset class data aggregation.
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Employees
500+
Revenue
4,633 $M
Founded
2003
Ownership
Owned by a larger corporation
Incorporated
United States of America
Locations
- Jacksonville
- Florida
- New York
- San Francisco
- California
Top 5 Markets
United States of America
Total AUM
USD 1.36tr
Avg. AUM per client
USD 870m
500+
$1.65b
1968
Owned by a larger corporation
United States of America
- Indianapolis
- Denver
- Chicago
- San Francisco
- Malvern
- Oaks
- New York
- Toronto
- Hong Kong
- Dublin
- Johannesburg
- London
- New Delhi
- States of America
- United Kingdom
$375b*
*Assets on the Archway Platform
$+1b**
**Based on users of the Archway Platform
Client
Focus
Financial advisors
Serves also
- Single family offices
- Multi family offices
- Banks
Number
- Family Office – 87
- RIA / Wealth Manager – 1,354
- Broker Dealer – 39
- Bank / Trust Co – 40
- Other – 42
Single-Family Offices
- Individual Wealth Owners
- Multi-Family Offices
- Financial advisors
- Fund managers
- Banks
225
Product
Main tasks
- Accounting
- Consolidated Reporting
- Compliance (e.g. AML, KYC, regulatory reporting)
- Portfolio Management
- Trading (execution on platform)
- Trading (orders only)
- Data Aggregation
Top features
- User Interface
- End client experience (client portal)
- Data quality/data integrity
- Exceptional service model
- BillingTrading/Rebalancing
- Sophisticated report output
- Business Intelligence
Assets supported
- Bankable assets
- Private equity
- Real estate
- Rare collectibles (e.g. luxury cars, boats, high-value jewelry)
Compliance
-
Whitelabel
Yes
- Accounting
- Consolidated Reporting
- Compliance (e.g. AML, KYC, regulatory reporting)
- Portfolio Management
- Data Aggregation
- Ownership Look-Through
- Customizable chart of accounts
Flexible, automated multi-level reporting including financial statements, allocation, holdings, performance and risk reports - Partnership, investment and corporate accounting
- Look-through for complex nested ownership structures
- Cash management including transfers and gifting
- Consolidated net worth tracking across assets, accounts, custodians, geographies and currencies
- Alternative investment tracking and reporting
- Accounts payable including bill payment
- Flexible delivery options (SaaS, Outsourced, Hybrid)
- Bankable assets
- Private equity
- Real estate
- Rare collectibles (e.g. luxury cars, boats, high-value jewelry)
- Hedge Funds
- Fixed Income
- Derivatives
- Personal Assets
- Operating Companies
Highly configurable application to support multiple regulatory compliance frameworks
Yes
Technology
Type Of Software
- Serviced Software
- SAAS
Security
- SSO & MFA (Single Sign-on and Multi-Factor Authentication)
- Encryption In-Transit and At-Rest
- Vulnerability and Penetration Testing
- Source Code Analysis
- Data Integrity Validation
- Multi-Layered Endpoint Protection
- Network Security including Web Application Firewall and Intrusion
- Detection Secure Document Vault
- Access Control (Role Based Permissions with Principle of Least-Privilege)
- Firm Configurable Security Settings
- Security Awareness Program
Ecosystem
- Microsoft
- Linux
Integrations
- More than 55 pre-built integrations with other software solutions as well.
- Robust API for custom integrations.
Mobile App
Yes
- Serviced Software
- SAAS
-
Proprietary
- Data enrichment sources
- Banks custodians
- brokerage firms
- Order management systems
- Data warehouses
- Pricing sources
- Third party data aggregators
- CRM systems
- Industry-specific software (oil & gas, property management, manufacturing, etc.)
- Tax software
- Financial planning tools
Yes