The favored portfolio administration and reporting platform Black Diamond has some new custodial integrations. SS&C Applied sciences Holdings, Inc. (which owns each Black Diamond and Creation) introduced Tuesday extra integration choices with the advisory platforms of TD Ameritrade and Charles Schwab and reported progress on integrations with the 2 remaining big-four custodians—Constancy and Pershing.
Particularly, advisors utilizing each Black Diamond and TD Ameritrade’s Institutional’s Veo One advisor platform can seamlessly go information from Black Diamond to Veo One’s new account opening “wizard.” This permits advisors less complicated entry to consumer account info by way of a single sign-on, a consolidated view of consumer info and for brand spanking new purchasers a totally digital onboarding course of.
Black Diamond has additionally launched a direct connection to Schwab’s Digital Account Open guided expertise, which is an growth on earlier workflow integrations utilizing Schwab’s OpenView Gateway platform for RIAs. This new integration signifies that advisors can launch the account opening workflow straight from inside Black Diamond.
Black Diamond additionally introduced it was at present within the midst of comparable digital account opening initiatives with Pershing and Constancy. Completion of those is anticipated for later this yr. Additionally on the roadmap: automated supply of custodial paperwork, comparable to statements and tax paperwork (which means elimination of guide downloads for these paperwork).
Post a Comment