Orion Acquires Industry-Leading Compliance Management Software Platform, Basiscode Compliance Llc

Oct 22, 2021•almost 4 years ago

Acquiring Company

Orion Advisor Solutions

Acquired Company

Compliance Management Software

OmahaReal EstateSales And MarketingFinancial ServicesSoftware

Description

End-to-end wealthtech powerhouse Orion Advisor Solutions is strengthening its compliance technology offering for clients by acquiring BasisCode Compliance, LLC, a leading provider of regulatory compliance and risk management technology. Driven by a focus on improving investor outcomes in the advisor-client relationship, Orion signed and closed the BasisCode transaction today.

Company Information

Company

Orion Advisor Solutions

Location

Omaha, Nebraska, United States

About

Orion is a wealthtech powerhouse delivering an integrated suite of fully connected, disruptive technology and investment solutions on an open architecture platform. Our tech-enabled fiduciary process empowers financial advisors to seamlessly attract new clients, connect planning goals to investment strategies, and help achieve each investor’s unique definition of financial success.

FundzWatch™ Score

High M&A Activity

Related People

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed