Core Upgrade Brings Orion’s Dynamic, Time-Saving Reporting to Private Assets

Orion’s Alternative Investment Platform Enables Up-to-the-Minute Tracking of Private Holdings Alongside Clients’ Public Assets

OMAHA, Neb.--()--Orion Advisor Services, LLC ("Orion"), the premier portfolio accounting service provider for advisors, today announced the release of its Alternative Investment Platform (“AIP”), a tool that lets Orion advisors show their clients’ private assets as easily as their public holdings at no additional cost.

With AIP, advisors who were once shackled to the timing of static data reports and hours of manually populating spreadsheets can now create dynamic client reports for alternative assets through Orion Connect, making use of its deep and flexible integrations as they do with the rest of their clients’ holdings.

AIP lets financial advisors track and maintain alternative investment data for client assets held in private equity, direct investments, venture capital, hedge funds, private real estate, REITs, and more, with ease and efficiency. AIP lets advisors aggregate and update committed capital amounts, total cash distributions, return of capital, and commitment amounts for alternative investments of all types into client reports alongside publicly-traded assets to create a cohesive picture of the client’s net worth.

Previously, clients had to create new private accounts through Orion’s New Account wizard. With AIP, they can create and update data on private holdings all within Orion Connect’s user interface. AIP’s new Global Valuations and Global Transactions capabilities will let advisors apply changes to a private investment valuation for entire groups of clients who hold positions in that product, sidestepping time-intensive, account-by-account number crunching.

Orion has already planned a May update to AIP that will automate the collection and maintenance of alternative asset data. Through integration with the Depository Trust & Clearing Corporation, and several other data vendors, the advisor can skip the hassle of initial, manual data entry and instead hit the ground running.

“AIP allows our advisor clients to distinguish themselves in an increasingly competitive industry. The automation of alternate asset reporting and its integration with the rest of the Orion ecosystem both saves time and adds value to an advisor’s practice,” said Eric Clarke, founder and CEO of Orion. “I’m excited to see the results our advisors will experience from this potent addition to Orion Connect’s core functionality.”

Learn more about Orion’s new Alternative Investing Platform with a webinar and e-book available here.

About Orion

Orion Advisor Services, LLC (Orion) is the premier portfolio accounting service provider for advisors. Our firm has unique insights into the advisory profession because it was founded for investment advisors by an investment advisor in 1999. Orion frees advisors from back-office tedium so they can enjoy their business again by devoting their time and energy to better serving clients. Orion provides the integrated and fully customizable technology solutions that advisors need to help grow their businesses over the long term. The firm's technology solutions empower more than 1,300 firms, have $600+ billion in AUA and over 2 million accounts. For more, please visit www.orionadvisor.com or follow our news and insights via our blog.

Contacts

Media:
Gregory FCA for Orion Advisor Services
Jimmy Moock, 610-228-2125
M: 610-348-7849
jimmy@gregoryfca.com
orion@gregoryfca.com

Contacts

Media:
Gregory FCA for Orion Advisor Services
Jimmy Moock, 610-228-2125
M: 610-348-7849
jimmy@gregoryfca.com
orion@gregoryfca.com