Press Release

For Immediate Release

SS&C Technologies Announces Next-Gen Black Diamond Rebalancer


The new Rebalancer was purpose-built from the ground up for modern advisors who manage complex high-net-worth client portfolios

WINDSOR, CT, September 12, 2018 (PR NEWSWIRE) – SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced during SS&C Deliver, a new Rebalancer solution fully integrated with the latest version of the Black Diamond® Wealth Platform, known as BD3.

The Rebalancer is the newest Black Diamond enhancement to help differentiate high-net-worth client advisors in a very competitive market. Rebalancing software is one of the most important pieces of technology as it impacts multiple facets, including investment strategies, risk tolerance, taxes and more. The Black Diamond product team incorporated feedback throughout the development process.  Long-time client, AdvicePeriod was a key beta user influencing the process and testing the new product.

“We value being beta users to help shape the technology experience for our clients and advisors," said Phil Boscarino, Head of Reporting & Analytics, AdvicePeriod. "Forward-looking technology is one of the primary reasons advisors join AdvicePeriod, and the Black Diamond Rebalancer is a key part of our solution. By providing a fully integrated solution with complete flexibility, our advisors spend less time with operational duties and spend more time with their clients and building their business."

The new Black Diamond Rebalancer provides functionality including proactive notifications on drift, portfolio cash needs and tax loss harvesting opportunities. The Rebalancer also features N-tier modeling, which allows advisors to efficiently manage models and use them as building blocks when creating client investment strategies.

“The new Rebalancer was built for Black Diamond clients, with Black Diamond clients,” said Steve Leivent, SVP of Advisory Client Experience, SS&C Advent. “We are pleased to be able to deliver to the market this next-gen solution supporting even the most sophisticated structures. The new Rebalancer demonstrates one more way we help advisors manage their clients’ full wealth picture.”

About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software for the global financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 13,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.


Contact(s):

  Patrick Pedonti
  Chief Financial Officer
  Tel: +1-860-298-4738

  Justine Stone
  Investor Relations
  Tel: +1- 212-367-4705
  E-mail: InvestorRelations@sscinc.com