SS&C Technologies Enhances Black Diamond Wealth Platform with New Investment Management Services for Advisors

SS&C Technologies Holdings Inc. (NASDAQ:SSNC) is one of the best tech stocks to buy under $100. On July 10, SS&C Technologies announced the addition of Black Diamond Investment Management Services to its Black Diamond Wealth Platform. The new suite of integrated capabilities is designed to transform how wealth management firms streamline portfolio management, trading, and client engagement.

Over 2700 firms currently use the cloud-native SS&C Black Diamond Wealth Platform to address the complex needs of modern advisors. By embedding new capabilities into a unified platform, SS&C aims to empower advisors to dedicate more time to building client relationships and less time on operational tasks.

SS&C Technologies Enhances Black Diamond Wealth Platform with New Investment Management Services for Advisors

A financial advisor providing consultation to a client to help manage their portfolio.

Black Diamond Investment Management Services include Managed Account Services, which offers a turnkey solution allowing advisors to outsource trading, rebalancing, and portfolio oversight directly from the Black Diamond platform. This service is powered by SS&C ALPS Advisors. Another feature is the Model Marketplace, which offers curated access to a selection of portfolio models, including those from SS&C ALPS Advisors and various third-party managers.

SS&C Technologies Holdings Inc. (NASDAQ:SSNC) provides software products and software-enabled services to the financial services and healthcare industries.

While we acknowledge the potential of SSNC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SSNC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.