SS&C Technologies, a provider of financial services software and software-enabled services, has released advanced API capabilities for the Black Diamond wealth platform.
The enhanced API capabilities will enable the wealth platform to deliver two-way data and workflow integrations to business applications.
Further, it will enable financial advisors to utilize Black Diamond as a platform for advisor dashboards and investor portal, allowing more efficient and effective client communication capabilities.
SS&C said that the API will allow advisors to pick-and-choose technology solutions to suit their needs via a self-service dashboard. It will also expand Black Diamond Integration Network, which provides advisors with the flexibility to choose technology that works for their firm.
The Black Diamond Link program will release new two-way integrations, starting with Junxure Cloud for CRM and MoneyGuidePro for financial planning with other leading solutions for portfolio analytics, customer relationship management (CRM), and financial planning in development to support deeper, more seamless data and workflow-based integrations capabilities later in June 2016, the company added.
SS&C Advent managing director and co-general manager Dave Welling said: "This enhanced API offering further demonstrates how SS&C is at the forefront of innovation in the integrated advisory platform sector.
"It allows our clients to integrate our solution with any complementary tools they may be using, while ultimately helping them achieve their business goals."
Junxure president and CEO Greg Friedman said: "The integration between Junxure Cloud and Black Diamond helps streamline efforts for advisors so they can run a more successful business and take better care of clients."