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Live and in-person: The c-suite’s perspective on current opportunities and challenges banner image
06-Dec-2019

Live and in-person: The c-suite’s perspective on current opportunities and challenges

By: Heidi Cheema

There’s no shortage of media analysis of trends affecting asset management firms and face-to-face conversation is the best way to really understand how firms are managing the challenges and opportunities they have in common.

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The power of integration: All the right connections banner image
05-Dec-2019

The power of integration: All the right connections

By: Bob Conchiglia

The role of the personal wealth advisor is evolving. Today, many clients are less interested in investment research and recommendations, and more in need of a financial “life coach” to help manage their complete wealth picture.

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What does the future of financial advice look like? banner image
21-Nov-2019

What does the future of financial advice look like?

By: Corey Walther

Allianz Life and the Black Diamond Wealth Platform have partnered to make it easier for advisors to incorporate annuities into their retirement strategies.

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The importance of great service and support banner image
13-Nov-2019

The importance of great service and support

By: Timothy Welsh

While Padilla Wealth Management is a fairly new financial advisory firm, its founder, Dion R. Padilla, is exceptionally experienced.

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Daily Reconciliation Means Daily Challenges banner image
12-Nov-2019

Daily Reconciliation Means Daily Challenges

By: Nick Nolan

Reconciliation challenges are a daily fact of life for investment firms. For buy-side firms, issues typically arise when adding new asset classes, fund structures or systems that necessitate new workflows or integrations.

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Daily reconciliation means daily challenges banner image
12-Nov-2019

Daily reconciliation means daily challenges

By: Nick Nolan

Reconciliation challenges are a daily fact of life for investment firms. For buy-side firms, issues typically arise when adding new asset classes, fund structures or systems that necessitate new workflows or integrations.

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Trends in alternatives, 2020 and beyond banner image
25-Oct-2019

Trends in alternatives, 2020 and beyond

By: Marc Flamini

The alternative investment arena has experienced some tumultuous times recently, but continues to attract investors seeking asset class diversification and market outperformance.

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The evolving role of the advisor: How high tech enhances high touch banner image
24-Oct-2019

The evolving role of the advisor: How high tech enhances high touch

By: Bjorn Widerstedt

Just as quickly as technology is changing, so too are investor expectations. Investment advisors would do well to understand the strong correlation between the two.

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How to deal with legacy systems - the fatal flaw of operational transformation banner image
23-Oct-2019

How to deal with legacy systems - the fatal flaw of operational transformation

By: Stig Olsen

If you are stuck on legacy IT, this is likely to be a hot topic for your organization. If not it probably should be. Developing premium client offerings on top of old technology is difficult, if not impossible.

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Fund intelligence honors APX and Geneva in Best Portfolio Management System category banner image
23-Oct-2019

Fund intelligence honors APX and Geneva in Best Portfolio Management System category

By: Shana Bruner

SS&C Advent has claimed the title Best Portfolio Management System in the 2019 Fund Intelligence Operations & Services Awards.

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Just-in-time technology: The client's critical role in software development banner image
22-Oct-2019

Just-in-time technology: The client's critical role in software development

By: David Blair

There are perceptions that large tech firms can function as factories, cranking out products on a slow-moving assembly line and pushing them out into the market.

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Black Diamond’s expanding footprint banner image
17-Oct-2019

Black Diamond’s expanding footprint

By: Bjorn Widerstedt

Any wealth manager who looked at the Black Diamond Wealth Platform in the past should take a look today, says Steve Leivent, SVP of Advisory for SS&C Advent. “We’re a completely different system than we were just a few years ago.”

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Private credit and direct lending: A hot topic at GAIM Ops West banner image
11-Oct-2019

Private credit and direct lending: A hot topic at GAIM Ops West

By: Marc Flamini

This year at GAIM Ops West, SS&C Advent will be joining 320+ professionals from across the fund and investor spectrum, representing the increasingly diverse nature of the alternatives industry.

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Recognizing the change makers at SS&C Advent banner image
10-Oct-2019

Recognizing the change makers at SS&C Advent

By: Steve Leivent

Passionate, influential and innovative – those are just three words used to describe SS&C Advent leaders Cathy Messina and John Marinatos who were recently recognized by the Jacksonville Business Journal for their impactful leadership.

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A memorable SS&C Deliver 2019 in Orlando banner image
04-Oct-2019

A memorable SS&C Deliver 2019 in Orlando

By: Shana Bruner

1,300+ people from across the industry to preview new products and weigh-in on product roadmaps, advance their proficiency in hands-on learning labs, glean insights into industry trends, and connect with their peers.

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Red carpet treatment: SS&C Advent takes home two reader-driven awards for Geneva banner image
03-Oct-2019

Red carpet treatment: SS&C Advent takes home two reader-driven awards for Geneva

By: Marc Flamini

SS&C Advent took home two best-in-class honors from Private Equity Wire and Hedgeweek in September for its Geneva Portfolio Management Platform.

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Black Diamond partners with the RightCapital financial planning solution banner image
01-Oct-2019

Black Diamond partners with the RightCapital financial planning solution

By: Justin Wayne

One of the key objectives of the Black Diamond® Wealth Platform is to provide investment advisors with a centralized business hub so they can easily access all the solutions they need to build and manage their clients’ portfolios.

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Investors want alternative assets, but can you cope? banner image
27-Sep-2019

Investors want alternative assets, but can you cope?

By: Roger Woolman

The phrase “alternative assets” has become something of a misnomer. Asset classes such as private equity, private debt, real estate and infrastructure have become so popular among investors they are now almost mainstream.

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Delivering the Future for Advisors banner image
26-Sep-2019

Delivering the Future for Advisors

By: Timothy Welsh

SS&C Deliver 2019, recently held in Orlando, Florida provided attendees with a comprehensive view into what is driving impact and change in the wealth management industry.

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Time to stop following the herd? banner image
18-Sep-2019

Time to stop following the herd?

By: Steve Young

The changes in the industry are varied and growing, and many commentators have observed that this is as much a cultural shift, than a technology shift. I have covered his subject in previous blogs and I believe that cultural change is critical, but just as technology alone cannot bring about change, neither can culture.

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Empowering advisors with the power of CRM integration banner image
11-Sep-2019

Empowering advisors with the power of CRM integration

By: Timothy Welsh

Fure Financial is an independent financial planning firm dedicated to helping clients understand the complexities of retirement planning, investing, managing assets and debt, risk management, and estate planning.

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Building a community foundation technology blueprint banner image
03-Sep-2019

Building a community foundation technology blueprint

By: Timothy Welsh

The Pittsburgh Foundation works to improve the quality of life in the Pittsburgh region by evaluating and addressing community issues, promoting responsible philanthropy and connecting donors to the critical needs of the community.

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Performance reports that make a statement banner image
28-Aug-2019

Performance reports that make a statement

By: Joseph Larizza

Mirador is a leading provider of bespoke portfolio performance reporting solutions for high net-worth families and family offices, wealth management firms, and endowments and foundations.

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Wealth managers can’t have it all…or can they? banner image
27-Aug-2019

Wealth managers can’t have it all…or can they?

By: Stig Olsen

Life is a series of choices. We’re taught we can’t have it all, that we must pick one thing or another. And with every choice comes an inevitable opportunity cost. Wealth managers face the same predicament when determining and implementing their business strategy. Or think they do.

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From cyber security to proxy voting to KYC: CCO panel covers full range of compliance topics at SS&C Deliver banner image
27-Aug-2019

From cyber security to proxy voting to KYC: CCO panel covers full range of compliance topics at SS&C Deliver

By: Shana Bruner

The CCO’s plate is pretty full these days, between ever-expanding disclosure and reporting requirements, tighter investor protection laws, and the challenges of compliance in multiple global jurisdictions.

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Digital assets webinar explores the state of crypto adoption banner image
23-Aug-2019

Digital assets webinar explores the state of crypto adoption

By: Nick Nolan

Ten years after the launch of Bitcoin, there are still many questions and few simple answers about digital assets and the underlying technology that makes them possible: Blockchain.

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Neuroscience meets investing: A conversation with SS&C Deliver speaker Eric Bennett banner image
21-Aug-2019

Neuroscience meets investing: A conversation with SS&C Deliver speaker Eric Bennett

By: Karen Sears

At SS&C Deliver, we’ll hear from someone whose career bridges both fields––study of the brain and study of the markets.

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Mitigate Reputational Risk by Getting Off Spreadsheets banner image
20-Aug-2019

Mitigate Reputational Risk by Getting Off Spreadsheets

By: Mike Gill

Few things are worse than getting your name in the papers for the wrong reasons, and a financial or regulatory error due to a spreadsheet miscalculation can quickly damage reputations.

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How to create a tax-smart retirement paycheck banner image
19-Aug-2019

How to create a tax-smart retirement paycheck

By: Steve Zuschin

LifeYield and the Black Diamond Wealth Platform have partnered to help advisors show clients how to improve after-tax results while accumulating assets when drawing income.

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Whitepaper: Turning heirs into clients banner image
15-Aug-2019

Whitepaper: Turning heirs into clients

By: Bob Conchiglia

The Gen X and Millennial children of baby-boomer clients stand to inherit an estimated $68 trillion in assets over the next 25 years.

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Can RPA tools transform investment management, creating winners, losers and new players? banner image
14-Aug-2019

Can RPA tools transform investment management, creating winners, losers and new players?

By: Steve Young

Robotic Process Automation (RPA) is a fast emerging and powerful form of business process automation technology.

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Get off of spreadsheets: Avoid financial risk banner image
13-Aug-2019

Get off of spreadsheets: Avoid financial risk

By: Mike Gill

A quick Google search of “high profile spreadsheet errors” will turn up enough examples to scare any C-suite executive still relying on them, and in recent years some of these figures have been large (in the billions, not thousands).

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A foundation for the future banner image
07-Aug-2019

A foundation for the future

By: Bjorn Widerstedt

As we approach the sunset of our legacy BlueSky platform, we can reflect on a chapter that led to significant growth – but more importantly – a chapter that provided deep insights on what advisors need to take their businesses to the next level.

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Get off of spreadsheets: The case for regulatory oversight banner image
06-Aug-2019

Get off of spreadsheets: The case for regulatory oversight

By: Mike Gill

Complex spreadsheets are the bane of many businesses around the world. In fact, some firms have banned the use for certain functions.

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Waters Rankings 2019: Best accounting system provider: SS&C Advent banner image
01-Aug-2019

Waters Rankings 2019: Best accounting system provider: SS&C Advent

By: Katherine Pearce

We’re honored that SS&C Advent has received the award for “Best Accounting System Provider” at Waters Rankings 2019 as voted by the Waters readers.

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“Beyond the hype” about AI: Q&A with SS&C Deliver speaker Sue Glover banner image
30-Jul-2019

“Beyond the hype” about AI: Q&A with SS&C Deliver speaker Sue Glover

By: Karen Sears

Artificial intelligence. Predictive analytics. Big data. Investment industry experts are telling firms they need to get on board with these technologies or risk being left behind.

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KuE Capital discovers deeper dimensions of Tamale RMS banner image
30-Jul-2019

KuE Capital discovers deeper dimensions of Tamale RMS

By: Leigh Tartaglia

Have you ever purchased software to be used for a specific purposes, but once you are able to “play around” with the system, the real value and capabilities become clear?

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SS&C Advent clients top “Best Places to Work” list banner image
25-Jul-2019

SS&C Advent clients top “Best Places to Work” list

By: Karen Sears

If you subscribe to InvestmentNews, you probably know that the online magazine recently published its 2019 list of Best Places to Work for Financial Advisors. What you may not know is that nearly 30% of the top 75 firms are users of SS&C Advent technology.

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Divergent views on digital assets and cryptocurrencies: A webinar for institutional investors banner image
24-Jul-2019

Divergent views on digital assets and cryptocurrencies: A webinar for institutional investors

By: Shana Bruner

You’d be forgiven if you are feeling a bit whipsawed by the vastly divergent opinions on digital assets and cryptocurrencies.

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Geneva for emerging managers: Building out an infrastructure for long term growth banner image
23-Jul-2019

Geneva for emerging managers: Building out an infrastructure for long term growth

By: Nicholas Nolan

Comparing Q1-2019 with Q4-2018, there was a 23% increase in the number of hedge fund launches.

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High-Growth RIA Firms are Power Users of Technology banner image
17-Jul-2019

High-Growth RIA Firms are Power Users of Technology

By: Bob Conchiglia

Surprise: the fastest growing RIA firms are less focused on profit margins and client referrals, and more focused on technology training and integration.

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As alternative funds expand: Flexible solutions thrive  banner image
16-Jul-2019

As alternative funds expand: Flexible solutions thrive

By: Marc Flamini

The consensus is clear: investment in alternatives instruments are growing.

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Delivering the future: Lots to look forward to in Orlando banner image
15-Jul-2019

Delivering the future: Lots to look forward to in Orlando

By: Karen Sears

This year at SS&C Deliver, we have a terrific lineup of both thought leadership and product focused sessions designed to meet the needs of financial advisors.

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Turning an opportunity into a differentiating strength with CRM integration  banner image
11-Jul-2019

Turning an opportunity into a differentiating strength with CRM integration

By: Justin Wayne

In today’s digital world, there is so much opportunity to engage and impress clients without having to incorporate another manual process.

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SS&C Deliver 2019: Thinking beyond the standard narrative banner image
08-Jul-2019

SS&C Deliver 2019: Thinking beyond the standard narrative

By: Shana Bruner

This September, at SS&C Deliver we’re challenging attendees from hedge funds, wealth managers, and institutional asset managers to think beyond the standard narrative as we deliver the future with thought-provoking sessions.

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Unlocking closed-end fund opportunities banner image
08-Jul-2019

Unlocking closed-end fund opportunities

By: Roger Woolman

If you needed reminding of the pitfalls of housing illiquid assets in an open-ended fund, then the recent woes of star manager Neil Woodford offer a stark warning.

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Advent Outsourcing Services takes Top FTF News award for second year in a row banner image
02-Jul-2019

Advent Outsourcing Services takes Top FTF News award for second year in a row

By: Al Castillo

Once again, Advent Outsourcing Services (AOS) outperformed a highly competitive field to earn “Best Outsourcing Provider” honors in the 2019 FTF News Technology Innovation Awards.

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Scalability is not all about size banner image
28-Jun-2019

Scalability is not all about size

By: Steve Young

The financial services industry has seen significant change over the last decade. Technology is at the forefront of a new user experience and radically changing the relationship between consumers and providers, allowing firms to scale their business. But what does scale really means?

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Diversifying your portfolio? Processing credit is now easier than ever banner image
27-Jun-2019

Diversifying your portfolio? Processing credit is now easier than ever

By: Nicholas Nolan

Investing in credit, bank debt, and structured financing products can provide a steady return on investment for hedge funds, but for many investors, accounting for these complex instruments proves to be the real challenge.

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Wealth managers: do you fit in your clients’ digital life? banner image
26-Jun-2019

Wealth managers: do you fit in your clients’ digital life?

By: Bjorn Widerstedt

Digital experiences have transformed nearly every aspect of our personal and professional lives.

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Stop letting incremental profitability leak away with Syncova banner image
25-Jun-2019

Stop letting incremental profitability leak away with Syncova

By: Ben Simmers

Many hedge funds and other asset managers are electing treasury platforms for the financial and organizational benefits of having one central point of control.

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Managing the changing staffing needs post-outsourcing banner image
24-Jun-2019

Managing the changing staffing needs post-outsourcing

By: Prashant Singh

Switching from insourcing to outsourcing your investment operations functions brings a whole different set of staffing requirements. What does that mean for your team?

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Delivering the future: Thought leadership for financial advisors banner image
20-Jun-2019

Delivering the future: Thought leadership for financial advisors

By: Karen Sears

Don’t miss this opportunity to experience the many ways technology, thought leaders and advanced solutions will be Delivering the Future at the Orlando Gaylord Palms, September 17 - 19, 2019.

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Pershing INSITE 2019: accelerating digital transformation banner image
18-Jun-2019

Pershing INSITE 2019: accelerating digital transformation

By: Timothy Welsh

As one of the big four custodians, Pershing Advisor Solutions always attracts a big crowd to their annual Pershing INSITE conference and this year gathered over 2,000 attendees to Phoenix, AZ for three days of industry content, technology demonstrations, and networking.

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Face to face: engaging discussions on a wide range of topics banner image
18-Jun-2019

Face to face: engaging discussions on a wide range of topics

By: Chris Cataldo

Nearly 300 clients gathered to discuss various topics with their peers, ranging from industry trends to best practices across the SS&C Advent product suite in a series of successful events through the first half of the year in New York, Boston, Chicago, Vancouver and Seattle.

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New custodial integrations with Black Diamond make advisors’ lives easier banner image
11-Jun-2019

New custodial integrations with Black Diamond make advisors’ lives easier

By: Robert Roley

As the saying goes in the RIA wealth management business, all roads lead through the custodians. After all, that is where client accounts are housed, transactions take place, and reports are generated.

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A new version of Axys – just in time for upgrade season banner image
10-Jun-2019

A new version of Axys – just in time for upgrade season

By: Matt Ahlstrand

Clients call SS&C Advent’s Axys® the “bulletproof” portfolio accounting system for good reason. Stable and fast, it is the backbone of over 1,000 firms’ operations.

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Disruption in asset management: Adopting a fintech mentality is key to firms’ survival banner image
07-Jun-2019

Disruption in asset management: Adopting a fintech mentality is key to firms’ survival

By: Roger Woolman

Investment managers could be “the next group to feel disruption,” according to hedge fund investor Doug Kass.

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Leverage technology to drive business valuation banner image
06-Jun-2019

Leverage technology to drive business valuation

By: Bob Conchiglia

Change is a constant in the wealth management industry, yet the pace seems to be accelerating these days, with a number of macro trends picking up steam and converging at once.

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Technology vs people – when the company culture fails your business banner image
05-Jun-2019

Technology vs people – when the company culture fails your business

By: Stig Olsen

“Culture eats talent for breakfast”. It has showed up in my LinkedIn feed several times lately. It’s written by people that are proud of their strong company culture.

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Investment in our solutions: The 19.1 releases open the door banner image
03-Jun-2019

Investment in our solutions: The 19.1 releases open the door

By: Shana Bruner and Daniel Eriksson

With spring, comes the first of two releases planned for 2019 across many of SS&C Advent’s solutions.

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Scaling investment management through model portfolios banner image
30-May-2019

Scaling investment management through model portfolios

By: Justin Wayne

The popularity of model portfolios among advisors is growing - and for good reason. When you combine rising global regulations, the expansion in availability, and the need for efficiency due to increasing client expectations – utilizing this type of outsourced investment management makes for an attractive strategy.

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Growing Strong: The story of a thirty year strategic partnership banner image
28-May-2019

Growing Strong: The story of a thirty year strategic partnership

By: Al Castillo

Bahl & Gaynor Investment Counsel, a Cincinnati-based RIA, was founded in 1990 and has been a client of SS&C Advent from day one—“Back before people even used email,” notes Glenn Warden, the firm’s chief information officer.

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What's next for Ireland’s funds industry? banner image
27-May-2019

What's next for Ireland’s funds industry?

By: Roger Woolman

At SS&C Advent, we believe partnership and collaboration are crucial to success. Which is why we were delighted to see so many clients, partners, consultants and friends at our latest fund administration strategy workshop on May 15 at the Westbury Hotel in Dublin.

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Advancing the Advisor-Client Experience through a Unified Tech Stack banner image
23-May-2019

Advancing the Advisor-Client Experience through a Unified Tech Stack

By: Timothy D. Welsh

Detalus Advisors is a fast-growing wealth management firm based in St. Louis, MO. The firm is not only grounded in offering advice, but builds strong relationships on a foundation of trust and mutual respect.

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Incorporating data governance into everyday processes banner image
15-May-2019

Incorporating data governance into everyday processes

By: Nicholas Nolan

Data integrity is paramount. If there is a glitch in operations that slows down a process or an error in a statement that goes to a client, chances are that faulty data is the culprit.

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Off to a good start: how implementation sets the tone for a true technology partnership banner image
09-May-2019

Off to a good start: how implementation sets the tone for a true technology partnership

By: Karen Sears

As Black Diamond clients are well aware, the total Black Diamond offering is more than a cloud-based technology solution. There’s a huge service component as well.

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Making the switch from PortfolioCenter to Black Diamond banner image
02-May-2019

Making the switch from PortfolioCenter to Black Diamond

By: Timothy Welsh

Berman McAleer is an award-winning independent financial advisory and wealth management firm based in Baltimore, Maryland, with an office in Manhattan. Berman McAleer focuses on working with high-net-worth individuals and their families.

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Spend time looking at results, not reconciling data banner image
29-Apr-2019

Spend time looking at results, not reconciling data

By: Marc Flamini and Marianne Elie

Firms across the alternative investment perspective are eager for insights and best practices in how to efficiently divest certain areas of their operations.

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The power of a technology partner banner image
25-Apr-2019

The power of a technology partner

By: Bob Conchiglia

There is a clear difference between a “technology provider” and a “technology partner.”

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Under pressure: A bohemian rhapsody in the financial industry banner image
24-Apr-2019

Under pressure: A bohemian rhapsody in the financial industry

By: Stig Olsen

I watched the award-winning movie “Bohemian Rhapsody” the other day. I must admit that I had forgotten how many hits Queen actually produced. How they dared to be different and take bold moves.

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Technology: the M&A Influencer banner image
11-Apr-2019

Technology: the M&A Influencer

By: Steve Leivent

It wasn’t that long ago that notebooks stuffed with dry numbers and tab dividers were the norm for quarterly client reporting. Now, investors know they don’t have to wait a full quarter to find out how their portfolios are doing.

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Is your outsourcing strategy stifling your success? banner image
09-Apr-2019

Is your outsourcing strategy stifling your success?

By: Prashant Singh

How an asset or wealth manager handles the transition from in-sourcing to outsourcing can make or break their business.

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Reporting drives meaningful conversations banner image
04-Apr-2019

Reporting drives meaningful conversations

By: Steve Leivent

It wasn’t that long ago that notebooks stuffed with dry numbers and tab dividers were the norm for quarterly client reporting. Now, investors know they don’t have to wait a full quarter to find out how their portfolios are doing.

read more
Black Diamond and Salentica: Technology that helps advisors gain client confidence wins industry recognition banner image
28-Mar-2019

Black Diamond and Salentica: Technology that helps advisors gain client confidence wins industry recognition

By: Karen Sears

Wealth management is a relationship business. Sure, it requires a lot of financial acumen, but firms that succeed over the long term do the best job of attracting, retaining and growing clients. They succeed by delivering a highly personalized client experience that engenders confidence and loyalty that can last a lifetime – or, if they’re really successful, across generations.

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The 6th annual Black Diamond Wealth Platform executive forum banner image
21-Mar-2019

The 6th annual Black Diamond Wealth Platform executive forum

By: Timothy D. Welsh

Every year, we like to bring together top clients for an executive discussion where we share the latest Black Diamond developments and gain valuable feedback from some of our power users.

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Client spotlight: Portfolio Solutions contributes to innovation banner image
14-Mar-2019

Client spotlight: Portfolio Solutions contributes to innovation

By: Robert Roley

Client input is critical to the ongoing development of the Black Diamond® Wealth Platform, SS&C Advent’s portfolio management solution built specifically for investment advisors.

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2019 SEC exam priorities: time to get your cyber house in order banner image
05-Mar-2019

2019 SEC exam priorities: time to get your cyber house in order

By: Shana Bruner

The SEC’s annual list of exam priorities undergoes adjustments from year to year, but one topic has turned evergreen and risen to the top of the list for buy-side firms: cybersecurity.

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Black Diamond Wealth Platform helps PortfolioCenter clients make the switch banner image
01-Mar-2019

Black Diamond Wealth Platform helps PortfolioCenter clients make the switch

By: Robert Roley

SS&C Advent has successfully implemented more than 400 firms previously using PortfolioCenter. Part of our success comes from our seamless process for transitioning users.

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Up and running quickly with Black Diamond banner image
28-Feb-2019

Up and running quickly with Black Diamond

By: Timothy D. Welsh

James Liotta spent seven years working for big brokerage houses and then five years in his family’s ingredients business before deciding to strike out on his own. His first solo effort was a hedge fund, but a broader opportunity beckoned.

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Geneva strikes again! banner image
26-Feb-2019

Geneva strikes again!

By: William Broadway

We’re elated to win HedgeWeek’s Best Managed Account Platform Technology Provider for the second consecutive year!

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Achieving data governance and operational transparency with Advent Lumis banner image
22-Feb-2019

Achieving data governance and operational transparency with Advent Lumis

By: Eddie Russo

Imagine that a crucial trade pricing error wasn’t identified, or a corporate action event was accidentally duplicated leading to a mis-valuation, or that there has been significant turnover in the operations team due to increasingly high-risk workloads and job dissatisfaction. Data errors and human capital issues, such as these, can expose a firm to financial penalties, affect its reputation in the market and severely influence its ability to service clients.

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The power of partnership: Enabling advisors to deliver a complete wealth picture banner image
21-Feb-2019

The power of partnership: Enabling advisors to deliver a complete wealth picture

By: Justin Wayne

Private investors expect their advisors to look at their financial lives from a holistic perspective. They want financial planning and investment advice that is grounded in an understanding of their life goals, their family situations, their appetite for risk, and their comfort with different types of investments.

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Neither wind, nor rain, nor the flood of the century banner image
19-Feb-2019

Neither wind, nor rain, nor the flood of the century

By: Al Castillo

As a long standing SS&C Advent client, Avalon Advisors put its trust in Advent Outsourcing Services (AOS) and it immediately paid dividends.

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The 2019 TD Ameritrade Institutional Conference banner image
14-Feb-2019

The 2019 TD Ameritrade Institutional Conference

By: Timothy D. Welsh

After stewing on it for several years, Tim Hockey, CEO of TD Ameritrade, boldly announced that the firm would not compete directly with RIAs for high net worth clients at the recently held TDA LINC conference in San Diego, CA.

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Tamale is on fire! banner image
13-Feb-2019

Tamale is on fire!

By: Marianne Elie

Tamale RMS® is the research management solution purpose-built by and for investment professionals. It provides a centralized repository for organizing all research data, both internal and external, in one place.

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Advisor technology innovation on display at T3 banner image
07-Feb-2019

Advisor technology innovation on display at T3

By: Timothy Welsh

Every year the advisor technology community gathers together to showcase the latest developments, enhancements and innovations designed to help advisors do a better job with clients at the Technology Tools for Today (T3) conference.

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Are private equity firms becoming the new banks? banner image
05-Feb-2019

Are private equity firms becoming the new banks?

By: Jonathan Eldridge

In a recent blog, we examined the rapid growth of private credit funds and noted that private equity investors are at the forefront of this trend towards alternative financing. Mark Vandevelde, in his Financial Times piece, takes it even further by suggesting that the biggest PE firms are “supplanting” traditional bank lending.

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All the right connections banner image
31-Jan-2019

All the right connections

By: Justin Wayne

The explosion of mobile device usage has reshaped our perceptions of the value of being connected. We now take for granted our ability to access just about any information we want, whether personal or public.

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How technology affects wealth management business value banner image
24-Jan-2019

How technology affects wealth management business value

By: Steve Leivent

While 2018 saw a slight downturn in wealth management merger and acquisition activity, the market was still quite robust. In its annual M&A summary, Fidelity reported 95 transactions across RIA and independent broker-dealer firms, with more than double the amount of AUM changing hands compared to 2017.

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Technology-powered service demands CRM update banner image
21-Jan-2019

Technology-powered service demands CRM update

By: Timothy Welsh

LourdMurray, a firm that operates as life-long advisors, bringing its clients comprehensive solutions ranging from investments and insurance to education, retirement, and wealth planning, prides itself on delivering refined expertise to accomplished clients that have complex financial and professional lives.

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Not for the faint of heart: Support for distressed debt strategies banner image
16-Jan-2019

Not for the faint of heart: Support for distressed debt strategies

By: Jonathan Eldridge

Recently, we explored the explosive growth of private credit and the opportunity it presents for investors. A smaller, but growing, subset of the private credit market is distressed debt and credit investing. Distressed debt includes debt instruments trading at a steep discount to par value due to an extremely negative outlook, or even outright default, on the part of the borrower.

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Using model platforms to fuel scale and growth in your advisory business banner image
10-Jan-2019

Using model platforms to fuel scale and growth in your advisory business

By: Justin Wayne

The use of model marketplaces for portfolio management has exploded in recent years. Global investment management corporation, BlackRock, estimates that there is around $2.7 trillion invested across all types of investment models. That $2.7 includes home-office model platforms, built and maintained by a dedicated in-house team, third-party models from Asset Managers and Strategists, and Advisor-customized model portfolios.

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Controlled collaboration: How firms are rethinking their front office operating model banner image
08-Jan-2019

Controlled collaboration: How firms are rethinking their front office operating model

By: Justin Wayne

Recently, a client told me something that I have been hearing quite a lot lately: “Nobody is hiring us, because we are wicked awesome at entering trades.” The quote is rather funny (especially if you happen to be from Boston), but within that comment is something that we have witnessed more lately from numerous clients.

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The year of the client experience banner image
03-Jan-2019

The year of the client experience

By: Bjorn Widerstedt

If there was one technology theme that sums up 2018, it was most certainly the client experience. 2018 was the year the concept of “CX,” a new acronym for all aspects of how a client interacts with advisors, was broadly injected into the wealth management industry’s technology strategies. And for good reason – Pershing reports that firms who are focusing on CX are growing 5 times faster than those that aren’t.

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Black Diamond: Reflecting on a year of innovation banner image
20-Dec-2018

Black Diamond: Reflecting on a year of innovation

By: Bjorn Widerstedt

On the Black Diamond team, we don’t often have the luxury of looking at things in retrospect. We are so busy focusing on the future, working on the next new set of applications, that we rarely raise our heads to reflect on past accomplishments.

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Lincluden accelerates and simplifies rebalancing with Advent Genesis banner image
18-Dec-2018

Lincluden accelerates and simplifies rebalancing with Advent Genesis

By: Boris Bykhovsky

Lincluden Investment Management previously utilized a trade-order-management system with built-in modeling functionality that served the firm well for many years. However, as the number of accounts grew, the Canadian firm ran up against the system’s limitations, especially in the process of modeling to trade creation.

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Planning for technology stack success banner image
13-Dec-2018

Planning for technology stack success

By: Bob Conchiglia

For today’s financial advisors, meeting the rising expectations of digitally savvy investors is a top priority. Clients want to interact with streamlined, user-friendly tools they can access 24/7.

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Making the case for alternative data to improve portfolio performance banner image
10-Dec-2018

Making the case for alternative data to improve portfolio performance

By: Marianne Elie

Ernst & Young’s 2017 Global Hedge Fund and Investor Survey showed that 78 percent of hedge funds currently use or expect to use alternative, or non-traditional data, in their investment process. That number is up from 52 percent the year before.

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The evolution of an independent advisory firm banner image
06-Dec-2018

The evolution of an independent advisory firm

By: Timothy D. Welsh

J.P. King Advisors, founded back in 1981 by Jim King, is one of the original, pioneering, fee-based independent firms. The illustrious history of the firm, now in its fourth decade of serving clients in the San Francisco Bay Area, is a fascinating example of how a focus on business and practice management can keep a firm alive, well and growing into the next generation of management.

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Best product, best people: SS&C Advent takes two AFTA awards banner image
04-Dec-2018

Best product, best people: SS&C Advent takes two AFTA awards

By: Daniel Eriksson

It’s not every night a firm earns industry accolades both for a product and for the people behind it. Yet, at the American Financial Technology Awards on December 3, the spotlight shone brightly on SS&C Advent.

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Black Diamond teams up with Box banner image
29-Nov-2018

Black Diamond teams up with Box

By: Justin Wayne

The primary goal of the Black Diamond® Wealth Platform is to help advisors grow their client relationships by delivering an outstanding client experience. The ability to allow 24/7, interactive information access has nearly become standard for an advisory business.

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The quiet explosion in private credit banner image
27-Nov-2018

The quiet explosion in private credit

By: Jonathan Eldridge

Private credit is now a mainstream source of financing, fueling growth for small, medium, and large enterprises worldwide across a wide range of sectors. Per Preqin, the number of private debt funds reached a historic high of 389 at the end of Q2 2018.

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SS&C Advent: Waters BST Award Winner for Best Outsourcing Provider 2 Years in a Row banner image
20-Nov-2018

SS&C Advent: Waters BST Award Winner for Best Outsourcing Provider 2 Years in a Row

By: Al Castillo

As we set out to create a best-in-class outsourcing offering, we discovered that clients had decidedly mixed feelings about the outsourcing concept in general. Firms understood the advantages of cost control and staff augmentation, but they were wary of giving up too much control and flexibility, as well as concerned about cybersecurity.

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Pulling the plug on unnecessary taxes banner image
14-Nov-2018

Pulling the plug on unnecessary taxes

By: Steve Zuschin

LifeYield and Black Diamond have partnered to help advisors help investors improve after-tax results. In this guest post, we invited LifeYield executive Steve Zuschin to share information regarding asset allocation vs. tax-smart asset location.

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SMAs for hedge funds: customized solutions or "just a huge side letter?" banner image
13-Nov-2018

SMAs for hedge funds: customized solutions or "just a huge side letter?"

By: Shana Bruner and Scott Stempel

How can hedge fund managers profitably answer the growing demand for liquidity, transparency, and increased control on the part of investors? That question sparked a lively panel discussion moderated by SS&C Advent’s Katherine Pearce, vice president of Product Management and Solutions Consulting, at GAIM Ops West.

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Technology: The differentiator for merger and acquisition success banner image
08-Nov-2018

Technology: The differentiator for merger and acquisition success

By: Steve Leivent

Mergers and acquisitions (M&A) as a growth strategy is becoming increasingly popular. In fact, a recent wealthmanagement.com survey reported that within the next two years, nearly one in four advisors anticipates being a part of either a merger or acquisition.

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Tamale users share ideas and preview product updates banner image
06-Nov-2018

Tamale users share ideas and preview product updates

By: Mary McNiff

Research today is disseminated by so many sources that it can be challenging to zero in on what’s most important, which is why many firms turn to research management technology to help. SS&C Advent’s Tamale RMS® addresses these challenges with purpose-built software to help investment firms organize their research and apply it most effectively in their decision-making processes.

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SS&C Marks Momentum for Black Diamond ahead of Schwab IMPACT banner image
25-Oct-2018

SS&C Marks Momentum for Black Diamond ahead of Schwab IMPACT

By: Mike Betz

In 2018, Black Diamond Wealth Platform added 71 new firms that use Schwab Advisor Services. Today, Black Diamond has 600 clients that custody with Schwab. In total, more than 1,300 firms with $900 billion in AUA rely on Black Diamond as the cornerstone of their technology stack.

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Post SS&C Deliver highlights and momentum banner image
22-Oct-2018

Post SS&C Deliver highlights and momentum

By: Shana Bruner

A full month past our annual client conference is a good time to reflect on the influence this event has had across our firm, clients, consultants, partners and other industry influencers and, equally important, how we plan to sustain the momentum going forward.

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The future on display at SS&C Deliver banner image
18-Oct-2018

The future on display at SS&C Deliver

By: Timothy D. Welsh

At our recent SS&C Deliver conference, future trends were front and center. The technologists and business analysts from Black Diamond who work with over 1,300 top industry firms have been reading the tea leaves to provide a vision for what the advisory practice of tomorrow needs to look like.

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SS&C Advent named “Best Technology Provider” to the mutual fund industry banner image
16-Oct-2018

SS&C Advent named “Best Technology Provider” to the mutual fund industry

By: Marianne Elie

We are honored to be recognized in the second annual Fund Intelligence Mutual Fund Services and Technology Awards where SS&C Advent took top honors in two categories: Best Portfolio Management System and Best Technology Provider Overall.

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On-time, on-budget and virtually seamless banner image
09-Oct-2018

On-time, on-budget and virtually seamless

By: Louise Lassen

New York-based asset manager, Dalton, Greiner, Hartman, Maher & Co., LLC (DGHM), is an established client of SS&C Advent, beginning with its 2004 implementation of Axys. Early on, DGHM saw an opportunity to replace five separate software programs they were currently using with the recently launched Advent Portfolio Exchange (APX).

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SEC Advertising Rule overhaul is overdue banner image
08-Oct-2018

SEC Advertising Rule overhaul is overdue

By: Matt Ahlstrand

Does your firm or any of its associates have a LinkedIn or Facebook page? Have you ever received a “like” or an endorsement from anyone in your network? If so, you could be running afoul of the SEC Advertising Rule, according to the Investment Adviser Association’s Assistant General Counsel, Sanjay Lamba.

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Hedgeweek honors SS&C Advent for Best Managed Account Platform banner image
02-Oct-2018

Hedgeweek honors SS&C Advent for Best Managed Account Platform

By: Marianne Elie

Hedgeweek readers did not hedge on this one. They selected SS&C Advent as the Best Managed Account Platform Technology Firm in the annual Hedgeweek USA 2018 Awards, presented at a ceremony in New York on September 20.

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Cyclical lifestyles and the future of advice banner image
26-Sep-2018

Cyclical lifestyles and the future of advice

By: Timothy D. Welsh

Held in early September at the fabulous Wynn resort in Las Vegas, SS&C Deliver this year was definitely future-forward, a theme captured in breakout sessions, keynote addresses and more. This was especially true in the advisor-focused sessions.

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Driving portfolio management efficiencies in Singapore banner image
24-Sep-2018

Driving portfolio management efficiencies in Singapore

By: Kaushiq Kodithodika

Are you looking to get a competitive boost from your business operations so you can benefit from: More responsive client servicing capabilities and happier customers, reduced risk, faster and easier regulatory compliance, lower costs, and greater scalability to grow your business?

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Experiencing SS&C Deliver 2018 banner image
20-Sep-2018

Experiencing SS&C Deliver 2018

By: Kaushiq Kodithodika

Back from our annual conference, SS&C Deliver 2018, we’re excited and energized after seeing our clients, engaging in sessions and panels and enjoying Las Vegas. During the action-packed three day event, we shared several announcements and captured videos of attendees and speakers talking about their experiences at this year’s big event.

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Black Diamond’s Next-Gen Rebalancer: Built from the ground up for today’s more complex portfolios banner image
20-Sep-2018

Black Diamond’s Next-Gen Rebalancer: Built from the ground up for today’s more complex portfolios

By: Stacy Orff-Whitfield

Your high-net-worth clients have agreed to an investment strategy and asset allocation based on their goals and risk tolerance. Now, it’s your responsibility to make sure their portfolios stay on strategy, regardless of market movements that may alter the values of their holdings.

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Alternative data: breathing new life into portfolio performance banner image
18-Sep-2018

Alternative data: breathing new life into portfolio performance

By: Marianne Elie

By now, you’ve certainly heard some of the buzz about alternative data, one of the past year’s hottest topics in the asset management world. Many firms are interested in it as a means to generate alpha, while others have had mixed experiences and still others are taking a wait-and-see attitude to determine if it adds measurably to investment research and portfolio performance.

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SS&C Deliver 2018: lots to look forward to in Las Vegas banner image
05-Sep-2018

SS&C Deliver 2018: lots to look forward to in Las Vegas

By: Stacy Orff-Whitfield

We are less than a week away from SS&C Deliver, the premier event for leading minds in financial services and technology. During the September 12 – 14, 2018 event at Wynn Las Vegas, we’re covering key trends in wealth and asset management and are featuring can’t-miss keynote sessions, hands-on workshops and lively panel discussions.

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How asset managers benefit from a multi-consumer data model banner image
04-Sep-2018

How asset managers benefit from a multi-consumer data model

By: Katherine Pearce

The collection, management and deployment of ever-greater volumes of data and information has become an asset management focal point.

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Artificial Intelligence meets asset and wealth management banner image
31-Aug-2018

Artificial Intelligence meets asset and wealth management

By: David Easthope

I am looking forward to being a moderator at SS&C Deliver in Las Vegas on September 13. The panel is titled Artificial Intelligence Meets Asset and Wealth Management. There are currently over 200 people registered, which does not surprise me because AI/ML is currently in a strong hype phase, although much of this hype is deserved.

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Leverage service and support to drive performance banner image
29-Aug-2018

Leverage service and support to drive performance

By: Stacy Orff-Whitfield

Advisory firms increasingly rely on technology to enable a new, digitally-driven client experience. But how do advisory firms ensure that they are fully getting the most out of new technology, while still driving internal workflow efficiency and bottom-line profits?

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SS&C Deliver 2018: Anthony Tu-Sekine talks cryptocurrency and blockchain banner image
27-Aug-2018

SS&C Deliver 2018: Anthony Tu-Sekine talks cryptocurrency and blockchain

By: Nick Nolan

Nick Nolan recently sat down with Anthony Tu-Sekine, Partner at Seward & Kissel to discuss blockchain and the upcoming session on crypto assets at SS&C Deliver. Read on for a few highlights of what’s to come.

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SS&C Deliver 2018: Q&A with Danielle Fava, AI meets asset and wealth management banner image
20-Aug-2018

SS&C Deliver 2018: Q&A with Danielle Fava, AI meets asset and wealth management

By: Stacy Orff-Whitfield

AI seems to be everywhere today, but is it in your firm’s future? TD Ameritrade’s Dani Fava will join a panel of experts at SS&C Deliver for Artificial Intelligence Meets Asset and Wealth Management on Thursday, September 13 at 4:00 pm. We caught up with Dani to get a snapshot of the major trends she sees affecting the industry.

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A conversation with Jeffrey Kleintop, Schwab’s Chief Strategist and SS&C Deliver keynote speaker banner image
15-Aug-2018

A conversation with Jeffrey Kleintop, Schwab’s Chief Strategist and SS&C Deliver keynote speaker

By: Stacy Orff-Whitfield

Anticipating future economic and market movements is always a challenge. We're fortunate to have one of the most sought-after economists in the business, Jeffrey Kleintop, Chief Global Investment Strategist, Charles Schwab, speaking this year at our annual industry conference, SS&C Deliver.

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“This is not a drill”: CCOs recount their SEC exam experience banner image
09-Aug-2018

“This is not a drill”: CCOs recount their SEC exam experience

By: Matt Ahlstrand

What is it like to get a call from the SEC saying they are planning to visit your firm? During our recent webinar, “CCO Speaks – Insights from Recent SEC Examinations,” two Chief Compliance Officers from two different firms, joined Focus 1 Associates’ Toby Cochran, Managing Member and President and me to answer questions like these and more.

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Technology integration now happening in real time banner image
08-Aug-2018

Technology integration now happening in real time

By: Timothy D. Welsh

One of the more pressing business and operational issues facing advisors over the years has been the daunting task of bringing all of their technology systems and custodians together so that they work in harmony, deliver efficiencies and streamline back office tasks.

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Transitioning to Black Diamond with 30+ years of data. banner image
01-Aug-2018

Transitioning to Black Diamond with 30+ years of data.

By: Timothy D. Welsh

Founded in 1984, Fure Financial is an independent financial planning firm dedicated to helping clients understand the complexities of retirement planning, investing, managing assets and debt, risk management and estate planning. Over the years, Fure Financial has upgraded their technology to take advantage of latest innovations for greater efficiencies, capabilities and to enhance the client service experience.

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