The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

SS&C Technologies Holdings Inc. (NASDAQ:SSNC) is one of the cheap stocks that are about to explode. On June 25, SS&C Technologies announced that assets on its Black Diamond Wealth Solutions Turnkey Asset Management Platform/TAMP have grown by 2000% to exceed $2 billion within its first year. This milestone reflects a strong demand from registered investment advisors for a unified platform that offers institutional-level portfolio management, tax efficiency, and customization without increasing operational complexity.

The TAMP, powered by SS&C ALPS Advisors, allows firms to outsource administrative tasks while retaining control over their investment strategies and client relationships. Its integrated model supports firms of all sizes by combining portfolio management, reporting, and trading, enabling advisors to scale their business and enhance tax-smart strategies without needing to add headcount.

To sustain this growth, SS&C Black Diamond plans further enhancements this year, including an improved Model Marketplace, new trade desk workflows, and the integration of AI-driven insights. By expanding its partnerships with asset managers and continuing to invest in its core technology, the company aims to provide advisors with a flexible, scalable ecosystem that simplifies complex portfolio management requirements.

SS&C Technologies Holdings Inc. (NASDAQ:SSNC) delivers software solutions to the financial and healthcare industries, offering products such as Advent Genesis, Antares, Asset Allocators, AWD, Axys, BANC Mall, BRIX, DST Vision, Evare, Lightning, and Moxy.

While we acknowledge the potential of SSNC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.