Wealth management firms run on data. But when it’s delayed, disorganized, or incomplete, business slows, reporting falters, and client confidence slips.

That’s why more high-performing firms are rethinking how they manage their data, and why we created the eBook, The Power of Data in Black Diamond: Why It Matters to Your Firm. In just a few minutes, you’ll discover specific ways smarter data infrastructure can help your team move faster, reduce risk, and deliver a consistently excellent client experience. The eBook provides practical examples and actionable insights, enabling you to identify immediate improvements for your own operations.

When Data Breaks Down, So Does Trust
Data problems rarely make themselves obvious. Instead, they manifest as subtle discrepancies in performance reports that don’t match expectations, inconsistencies across custodians, or onboarding delays that frustrate new clients. A miscategorized transaction or a delayed position update can immediately shift your team into crisis management mode.

Meanwhile, operational teams invest significant time correcting errors through meticulous report reviews, tracking missing data, and verifying figures. Such tasks drain resources, and over time, clients begin to question whether reports truly reflect portfolio performance. This gradually raises client concerns about whether the reports accurately reflect actual portfolio performance.

What Smart Firms Do Differently
Top-performing firms don’t settle for patchwork fixes. They build systems that support scale, accuracy, and transparency, starting with their data. SS&C Black Diamond® Wealth Solutions is engineered for clean, connected data across even the most complex portfolios.

With over 800 data sources from custodians and other third parties unified under one platform, only precise data aggregation matters. Black Diamond reconciles 99.5% of data automatically, minimizing the need for manual intervention. Only five outliers per 1,000 data points are manually inspected and resolved by a member of our dedicated team.

Due to Black Diamond’s continuous audits, wealth managers consistently access clean, verified data, regardless of the quality of original inputs. Reconciliation is an integral feature, underscoring our commitment to reliable information.

Lead with Confidence
If your team is tired of reconciling the same data issues every quarter or bogged down fixing problems that should have been prevented, you’re not alone. The eBook shares how forward-thinking firms are utilizing Black Diamond to address these challenges and deliver the trust, accuracy, and efficiency that clients expect.

Download The Power of Data in Black Diamond: Why It Matters to Your Firm and learn how clean, connected data helps your ops team lead with confidence.