Black Diamond Wealth Platform vs Assure Wealth
You are looking for alternatives to Black Diamond Wealth . Here you can compare the best Investment Management Software and other family office technologies based on our annual benchmark and comparison surveys.
Black Diamond Wealth Platform
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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Assure Wealth
Category
Data Aggregation
Denmark based, Assure Wealth is your assurance that the same parameters for calculating your wealth's Returns and Risks are being used for all wealth managers and portfolios.
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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
- 11-50
- $2.5 million
- 2014
- Key staff also have ownership
- Clients are also owners
- Denmark
- Nivå
- Denmark
- Norway
- Sweden
- Switzerland
- United Kingdom
- $20 billion
- $160 million
Client
Focus
- Independent financial advisors
Serves also
- Single-family offices
- Multi-family offices
- Independent financial advisors
- Registered investment advisors
Number
- +1.800 firms
- Individual wealth owners
- Single-family offices
- Multi-family offices
- 50 UHNWI
- 3 SFO
- 10 foundations
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
- Data aggregation
- Risk management
- Impact/ESG reporting
- Overview
- Flexible wealth reports
- Independence
- Full risk picture
- Follow-up on performance
- Integration to accounting systems
- Bankable assets
- Private equity
- Real estate
- Rare collectibles (e.g. luxury cars, boats, high-value jewelry)
- GDPR
- 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:
- – CRM: Salentica, Redtail, Salesforce
- – Trading & rebalancing: Redblack, Blaze, iRebal
- – Financial planning: eMoney, RightCapital, MoneyGuidePro, Advizr, Libretto
- – Risk management: RCI, Hidden Levers
- – Custodian: Schwab, Fidelity, Pershing, Raymond James, LPL, Goldman Sachs
- – UMA/SMA: Adhesion, SMArtX
Mobile App
- Yes
- Serviced software
- Two-factor login
- Secure emails
- VITEC
- Accounting systems
- DW-solutions
- Yes
