How we compare · Black Diamond
Black Diamond is a suite of components.
THOR ONE is one system.
SS&C presents Black Diamond Wealth Solutions as a technology and services suite: portfolio reporting, billing, data aggregation and accounting, trading and rebalancing, CRM, compliance and a branded client portal, as components inside SS&C’s wider set of products. THOR ONE was built as one system from the start.
Seven engines. One set of records. All ours.
THOR ONE is not a suite of products joined by integrations. Every engine below is our own code, running on the same records, so a trade, a fee, a lot and a return each have one owner and one answer.
- Trading. Our own order management and execution engine, with rules-based routing, rebalancing, drift monitoring and daily tax-loss harvesting. Our trading desk places every order.
- Reporting. Performance at the sleeve, the account and the household, under your brand, on the schedule you set.
- Billing. A single fee path, calculated from the same records that traded. One place a fee is calculated, one place the invoice comes from.
- Risk. One risk journey for the whole household, applied to every account, or one per account where that is right.
- CRM. Not a CRM that syncs with your book. A CRM that is your book.
- Planning. Retirement and income plans built against the holdings the client actually owns.
- Research. Institutional managers and your own models ranked on the same measures, blended in minutes, and traded from the screen you researched them on.
An assistant on every page that knows your book
Because every engine shares one set of records, the assistant built into every page of THOR ONE can answer from your actual firm, not from general information. Ask it to pull up a household’s accounts, holdings, risk score, notes and tasks; compare strategies and blends on the marketplace; rank funds and stocks head to head; build and balance a blend; read how a model fits a given client; or show what to act on first across your book.
Sleeves, and the household above them
Every account on THOR ONE is sleeve-based. Managed and unmanaged sleeves sit inside one account, and trading, rebalancing and performance run at the sleeve, not across a flat account. Three managers can run inside one registration with one statement, one cash position and one set of tax lots.
Above the sleeves sits the unified managed household: every account, every lot, the gains already realized this year and what a trade does to the whole, on one screen. A client who needs cash for a roof is one decision across the household, not five logins and a spreadsheet. One account, three managers.
Side by side
| What matters | THOR ONE | The question to ask SS&C |
|---|---|---|
| Who places the trades | Our trading desk, every order. Your advisors update models and allocations. | Does your team trade on the rebalancer, or is trading outsourced, and to whom? |
| One system or components | Seven engines on one set of records. | Which components are in your contract, and do they share one set of records? |
| Accounts | Sleeve-based by default: several managers in one account, one set of tax lots. | Can trading, billing and performance run at the sleeve inside one account? |
| The household | The unified managed household: see it and act on it from one screen. | Is the household view a report, or the place the trade starts? |
| Your brand | Enterprises get their own standalone instance under their brand; smaller firms are private-labeled. | Beyond the portal, what carries your brand, and is it your own instance? |
| An assistant that knows your book | On every page, answering from your own households, models and research. | Is there an assistant on every screen, and does it read the same records as trading and billing? |
| Price | One price on assets. Start with one piece; no module or seat charges. | What does each additional component cost? |
| Leaving | Thirty days’ notice. Your full history in CSV and PDF at no charge, in writing. | What leaves with you, in what format, at what cost? |
The question underneath all of them
Who answers when two parts of the system disagree about a client’s number? On THOR ONE there is one record and one answer. What moves when you switch, and how long it takes.
Descriptions of Black Diamond are from SS&C’s public materials as of October 2026 and may have changed; confirm current capabilities with SS&C. Source: advent.com, SS&C Black Diamond Wealth Solutions. Black Diamond and SS&C are trademarks of their owner. THOR is not affiliated with or endorsed by SS&C.
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