Advent’s Black Diamond Integrates TD Ameritrade’s Veo Trading Platform

Advent Software, Inc., a global solutions and services provider for investment firms, has announced an agreement to fortify its cloud-based Black Diamond platform with TD Ameritrade’s Veo Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, according to an Advent company statement.

TD Ameritrade Continues to Make Splash with Platform Integration

The integration between the Veo platform with Advent’s Black Diamond looks to foster greater efficiency measures via automation, workflow management, data sharing and real-time dissemination of balances, quotes and trading information. TD Ameritrade has a history of multi-faceted trading platforms, including its ThinkOrSwim platform rolled out last year, which specializes in Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, options and futures trading.

According to Dave Welling, SVP and General Manager, Black Diamond, "With more than 600 shared clients, we are looking forward to being able to provide an even better experience for our clients by expanding our longstanding relationship with TD Ameritrade, Inc. Advent believes in open architecture and deep integration between our platforms, custodians and other third party technologies. We understand the importance of collaborating with other key technology providers to empower advisors, so we are very excited about this collaboration with TD Ameritrade, Inc. and the benefits it will offer our mutual clients."

Enhanced Access Across Asset Classes

Indeed, the Black Diamond platform’s offering of cloud-based portfolio management, coupled with Veo, will strengthen the way traders and clients make decisions and execute operations. The partnership will cater to a multitude of asset classes, which should help streamline everyday investor execution.

"We are excited to provide enhanced access to Veo® through Advent Software's leading portfolio management and reporting platforms. The platform's open access capabilities in combination with Advent's flexible platforms will allow the hundreds of clients we share to operate more efficiently and provide a more scalable foundation needed to grow their businesses," noted Jon Patullo, Managing Director of Technology and Product Management at TD Ameritrade Institutional in a recent statement.