[Originally published on RIABiz by Oisin Breen]
Addepar and SS&C Black Diamond aggregate “alternative investments,” but now they integrate with a New York City startup that can all but digitize a lump of coal and put it there with your Coca-Cola stock.
The RIA performance reporting giants of Mountain View, Calif., and Jacksonville, Fla., just gave AltExchange a lift by creating a way for RIAs to graft its software into their own.
AltExchange went live with Black Diamond last week. Its connection with Addepar will follow “shortly.” See: Addepar deal may salve big, lingering pain point for RIAs who use alternative investments.
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