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Black Diamond

🌎 blackdiamond.advent.com

Black Diamond is a wealth management platform that provides innovative, cloud-based tools designed to enhance the client experience in investment management. Originally launched in 2005, it was acquired by Advent in 2011, which was subsequently acquired by SS&C in 2015. The platform focuses on delivering sophisticated portfolio reporting, client communication, and performance reporting services.

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Black Diamond - Latest News and Updates

• Black Diamond has formed a strategic alliance with SS&C Advent to offer seamless data conversion for users transitioning from Morningstar Office.
• David Ireland has left Black Diamond to join SS&C Technologies as Vice President, Data & Compliance in Canada, previously serving as Application Security at SS&C Advent.
• Black Diamond was recognized in Acclaim magazine's 2025 WealthTech Americas awards for its innovation in helping advisors improve client services.
• Sequoia Financial Group uses Black Diamond for processing and updating private fund transactions on their reporting platforms.
• Black Diamond's Rebalancer tool helps streamline tax management with features like tax-aware rebalancing and tax loss harvesting.

• Fang Ni, former Chief Business and Financial Officer at Black Diamond Therapeutics, has joined Adcendo as part of their executive leadership team.

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