FinanceOperations

Black Diamond Custodian Reconciliation

Built for RIA Operations Teams.

Compare Black Diamond positions and values against custodian feeds and the CRM, flag variances, and write the reconciled record back, reducing manual reconciliation for operations teams.

Why this matters

The manual work this replaces

Staff reconcile Black Diamond positions and market values against custodian statements and the CRM by hand, chasing down every discrepancy.

What Caddi does

How the automation runs

  1. Black Diamond
  2. Salesforce
  3. Microsoft Excel

This process reconciles household data across systems. It pulls positions, market values, and billing figures from Black Diamond, compares them against the custodian feed and the values stored in Salesforce, and flags any account where the figures do not match within tolerance. Matches are confirmed and the reconciled value is written back to the Salesforce household, while exceptions are compiled into a report for an operations reviewer with the supporting detail.

Value created

What changes after Caddi

Speeds reconciliation and improves data quality by catching position and value variances before they reach client reporting.

Browse all
Finance

Household Review Report Filing

Generate household review meeting report PDFs and file them with the correct metadata, reducing manual report prep and archiving for advisor teams.

Finance

Financial Report Archiving

Generate client financial report PDFs and archive them with the correct template and metadata, reducing manual report handling for financial planning teams.

Finance

Black Diamond Performance Summary Email

Pull quarterly performance from Black Diamond, draft a personalized summary email per household, and queue it for advisor approval, reducing manual client outreach for advisor teams.

See it on your stack

Want Black Diamond Custodian Reconciliation automated at your firm?

Show us this workflow and we'll demo Caddi running it end-to-end on your tools.