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Seamless API and data integration enhance business process automation

WEST PALM BEACH, Fla., August 3, 2021 — SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform (TAMP), today announced further expansion of its partnership with SS&C’s Black Diamond® Wealth Platform. A newly enhanced integration between the solutions fosters a more user-friendly client experience and reinforces the renewed partnership that maintains SMArtX as the exclusive managed accounts Platform Partner for Black Diamond.

Because of the direct data feed within the Advent Custodial Data network, Black Diamond advisors using SMArtX can analyze UMA sleeves directly within Black Diamond. The new deeper integration elevates the combined offering by adding automation that streamlines the seamless TAMP experience.

“Our ongoing relationship with SS&C continues to provide better outcomes to our mutual clients,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “By further deepening our systems integrations, we are able to offer timely, transparent information to Black Diamond clients that helps them deliver top-quality services to their clients.”

“Our integration makes it easy for advisors to use both award-winning tools,” said Steve Leivent, Co-General Manager, SS&C Advent. “Black Diamond’s client-centric features, combined with SMArtX’s managed account technology, delivers a seamless and integrated workflow.”

SMArtX’s continued partnership with SS&C automates the creation of new portfolios, accounts, and sleeves within a client relationship, simplifying the householding of SMArtX accounts within Black Diamond. Advisors gain a clearer picture of client accounts within Black Diamond while saving them time and effort.

“SMArtX is excited to maintain our partnership and carry on delivering an integrated, best-in-class wealthtech platform,” said Jonathan Pincus, President & COO of SMArtX. “SMArtX is at the forefront of UMA technology, bringing modern solutions to advisors, broker-dealers, and their respective enterprises.”

About SMArtX Advisory Solutions

SMArtX Advisory Solutions is the next generation managed accounts technology provider and manages SMArtX, a turnkey asset management platform and the only platform to seamlessly offer traditional, alternative, and passive direct index strategies in a unified managed account structure. The firm also licenses its proprietary managed accounts technology to replace help firms replace legacy technology and power several investment platforms for RIAs, broker-dealers, and asset managers. Learn more about SMArtX Advisory Solutions at www.smartxadvisory.com.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Benefits of Enhanced Integration with Black Diamond

The enhanced integration between SMArtX Advisory Solutions and SS&C’s Black Diamond Wealth Platform offers numerous benefits that streamline operations for financial advisors. By automating key processes such as portfolio creation and account management, advisors can focus more on client relationships rather than administrative tasks.

This integration not only improves efficiency but also enhances the quality of service delivered to clients. With timely and transparent information at their fingertips, advisors can make informed decisions quickly, ultimately leading to better investment outcomes and client satisfaction.

Key Features of SMArtX's Unified Managed Accounts Technology

SMArtX's unified managed accounts (UMA) technology is designed to provide financial advisors with a comprehensive suite of tools for managing investments. Key features include the ability to offer traditional, alternative, and passive direct index strategies all within a single platform, which simplifies the investment process.

Additionally, the platform’s flexibility allows for customized portfolio construction, enabling advisors to tailor solutions that meet the unique needs of their clients. This adaptability is crucial in today’s dynamic market, where client preferences and investment strategies are continually evolving.

Future Outlook for SMArtX and SS&C Partnership

The future of the partnership between SMArtX Advisory Solutions and SS&C looks promising as both companies continue to innovate and enhance their offerings. With a shared commitment to improving the financial advisory experience, they are poised to introduce new features that will further optimize workflows and enhance client engagement.

As the financial landscape evolves, the collaboration is expected to leverage emerging technologies such as artificial intelligence and machine learning, ensuring that advisors have access to cutting-edge tools that facilitate better decision-making and operational efficiency.

Client Testimonials and Success Stories

Client testimonials highlight the positive impact of SMArtX's solutions on financial advisory practices. Advisors have reported significant improvements in their operational efficiency and client satisfaction since integrating SMArtX's technology with the Black Diamond platform.

Success stories from various firms demonstrate how the seamless integration has allowed them to scale their operations effectively while maintaining high service standards. These real-world examples underscore the value of adopting innovative technology in the financial advisory sector.