Orion Advisor Solutions announced today it has acquired HiddenLevers, joining a list of wealthtechs that have acquired niche fintech platforms.
HiddenLevers, founded in 2009 by Raj Udeshi and Praveen Ghanta in Atlanta, enables investment advisers to perform portfolio and security-level stress tests and measure sensitivity to macro-level risks.
The online risk management fintech contains several macro-level risk algorithms, such as oil shocks, global conflicts or large swings in gold prices, as well as correlations among more than 100 economic indicators, industries and securities.
Orion plans to embed HiddenLevers’ technology into its business intelligence and compliance tools. After the deal is completed, the firm’s founders will join Orion’s leadership team.