SS&C Unifies Wealth Management Offerings Under New Black Diamond Solutions Brand

SS&C Technologies Holdings Inc. (NASDAQ:SSNC) is one of the cheap technology stocks to buy now. On August 5, SS&C Technologies Holdings announced the launch of SS&C Black Diamond Wealth Solutions, which unifies the company’s wealth management offerings. The solution combines the Black Diamond Wealth Platform with SS&C’s range of wealth and trust management technologies and services and provides a single-source platform for wealth managers to manage technology and operational needs.

The unified platform aims to provide a more connected and modern experience, which allows advisors to manage the entire client lifecycle from a single ecosystem. SS&C Black Diamond Wealth Solutions currently serves over 800,000 active users across more than 3,000 firms, who collectively manage over $3.6 trillion in assets.

SS&C Unifies Wealth Management Offerings Under New Black Diamond Solutions Brand

A professional executive in a modern office setting talking on the phone surrounded by their digital media software delivery platform.

The suite includes various capabilities, such as portfolio management and reporting, alternative investments, client portals, CRMs, trust and retirement services, compliance and surveillance, investment management, trading and rebalancing, and business intelligence and billing. Current clients will not experience any disruption to their existing systems, logins, or support relationships.

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.