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Orion Advisor Services, LLC Achieves ISO 27001 Certification

Firm's Infrastructure Meets Highest Security Standards in the Industry


News provided by

Orion Advisor Services, LLC

Sep 30, 2013, 09:08 ET

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OMAHA, Neb., Sept. 30, 2013 /PRNewswire/ -- Orion Advisor Services, LLC  ("Orion"), a premier portfolio accounting service provider, recently completed an independent audit in accordance with the global security certification standards outlined by the ISO/IEC 27001:2005 report ("ISO 27001"). An ISO 27001 certification is recognized as the highest security standard in the technology industry, verifying that an organization possesses the required internal controls to operate, monitor and maintain an information security management system ("ISMS") that meets international guidelines.

(Logo: http://photos.prnewswire.com/prnh/20101115/NY01419LOGO)

The benchmarks, established by the International Organization for Standardization ("ISO") and the International Electrotechnical Commission ("IEC"), require a company to meet expectations in four areas of security management — risk assessment and acceptance criteria, asset identification and valuation, management and acceptance of these fields, and the ongoing enhancement of an overall security program.

Orion is the second Nebraska-based company to receive the ISO 27001 certification, according to the International Register of ISMS Accredited Certificates. The firm's management will conduct reviews with its ISO auditor on an annual basis.

"The achievement of the ISO 27001 certification is the culmination of a long process of implementing internationally recognized security best practices in order to protect Orion's customers and their clients," said Robert Eggebrecht, President of BEW Global, which is the firm that provided ISO 27001 advisory services for Orion during the certification process. "This security designation sends a clear message that the sensitive client data Orion's customers transmit through Orion channels remains private."

In addition to the ISO 27001 certification, Orion completed an independent audit earlier this year showing it was in line with the accepted accounting guidelines outlined in the Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization.

"Every member of our team is dedicated to providing our advisors with the highest level of systems security, reliability and overall stability of across the entire Orion platform, ensuring our firm's infrastructure meets the highest standards," said Eric Clarke, President and CEO of Orion. "Orion has been first to market with multiple technologies such as branded mobile apps and scan tag market commentaries, being one of the only portfolio accounting providers to achieve this ISO certification continues to further our mission to liberate advisors from their back offices both seamlessly and securely."

NorthStar Financial Services Group, LLC's ISO 27001 certification applies to all of its subsidiaries and affiliates.

To request more information or to speak with Orion, please contact Dana Taormina at 973-850-7305 or [email protected].

About Orion Advisor Services, LLC
Orion Advisor Services, LLC, is the premier portfolio accounting service provider founded by and for investment advisors. Orion's mission is to liberate advisors from their back offices so they can enjoy the client relationship side of their business again. Process-driven solutions bring efficiencies to operational areas including new account set up, trading, reconciliation, fee billing, and client communications. Orion services feature the integration, scale, and customization advisors need to support business growth.

Founded nearly a decade ago, Orion was formed to address the technology needs of its sister company, a fee-only independent registered investment advisor whose growth was constrained by its existing portfolio management platform. Unable to find the right solution, Orion built its own. Today, the firm empowers over 350 advisors and administrates over $120 billion in assets for more than 600,000 accounts. For more information about Orion Advisor Services, LLC, visit www.orionadvisor.com.

CONTACT:

Dana Taormina


Jennifer Connelly Public Relations


973-850-7305


[email protected]

SOURCE Orion Advisor Services, LLC

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