Black Diamond vs SS&C Private Capital Group 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
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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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SSC

SS&C Private Capital Group

Category
Consolidated Reporting

America's SS&C Private Capital Group, delivers fully-integrated multi-currency portfolio management, financial and partnership accounting solutions to single and multi-family offices to serve their complex needs. Their software eliminates the cost, risk and time of integrating disparate systems.

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Company
Employees

  • 500+
Revenue

  • $4.633 million
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

  • $1.9 trillion
Avg. AUM per client

  • $1.2 billion



  • 500+

  • $4.6 million

  • 1986

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  • United States of America

  • Windsor
  • Hong Kong
  • Dubai
  • Singapore

  • States of America
  • United Kingdom
  • Canada
  • Ireland
  • Hong Kong

  • $2.6 trillion

  • $1.2 billion
Client
Focus

  • Independent financial advisors
Serves also

  • Single-family offices
  • Multi-family offices
  • Independent financial advisors
  • Registered investment advisors
Number

  • +1.800 firms

  • Single-family offices

  • Individual wealth owners
  • Multi-family offices

  • 18,000
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
  • Billing
  • Trading/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

  • RCI
  • SmartRIA
Whitelabel

  • Yes

  • Accounting
  • Consolidated reporting
  • Governance
  • Portfolio management
  • Data aggregation

  • Fully integrated, multi-currency portfolio management
  • Integrated reporting for multi-tiered ownership structures

  • Bankable assets
  • Private equity
  • Real estate
  • Rare collectibles (e.g. luxury cars, boats, high-value jewelry)

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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. We have a robust open API for custom integrations as well. Some key integrations are listed below:
    1. – CRM: Salentica, Redtail, Salesforce
    2. – Trading & rebalancing: Redblack, Blaze, iRebal
    3. – Financial planning: eMoney, RightCapital, MoneyGuidePro, Advizr, Libretto
    4. – Risk management: RCI, Hidden Levers
    5. – Custodian: Schwab, Fidelity, Pershing, Raymond James, LPL, Goldman Sachs
    6. – UMA/SMA: Adhesion, SMArtX
Mobile App

  • Yes

  • SaaS
  • Serviced software

-


  • Microsoft
  • SAP
  • Java
  • Adobe

-


No

Simple solutions for complex times.