SS&C Advent’s Black Diamond wealth platform is now integrated with Portfolio Crash Testing by RiXtrema, one of the advisory industry’s leading Portfolio Analytics/Risk Management solutions.
Portfolio Crash Testing is a risk management software solution based on mathematical methodology created by an award-winning research team that helps financial advisors identify and discuss risk with clients.
With this integration, shared Portfolio Crash Testing clients will be able to see portfolios from Black Diamond with the click of a button.
This integration enables advisors to:
- Create risk reports for client portfolios;
- Set alerts and automatically monitor risk levels;
- Automate compliance checks across the firm.
“RiXtrema now empowers any Black Diamond client to become a trusted market risk expert for their clients,” said RiXtrema President, Daniel Satchkov. “Our risk models are used by top investment firms around the world.”
We have collaborated with RiXtrema to build this integration based on popular demand from our clients. This integration strengthens the Black Diamond Integration Network, giving advisors the ability to choose the integrations that work best for them when they choose to work with us.