Orion, the wealth management technology provider, has announced an integration with 11th.com, a provider of automated class-action recovery services.
The integration allows advisors using Orion's platform to automatically identify eligible claims, submit filings and route recovered funds directly to client accounts. The digital service eliminates paperwork, legal coordination and manual tracking traditionally associated with class action participation, according to the announcement.
Reed Colley, president of Orion Advisor Technology, said the integration is a “great example” of how Orion’s real-time data sharing through AWS Redshift can unlock powerful new capabilities for advisors.
“By streamlining access to accurate, up-to-date data, we’re enabling advisors to automate class action claim recovery without adding operational complexity,” Colley said in a statement. “This delivers real value to clients while keeping the advisor experience seamless.”
Stan Vick, founder and CEO of 11th.com, added that advisors shouldn’t have to choose between growth and compliance, noting that the service removes friction from an otherwise neglected area of practice.
“With this integration, claim recovery becomes as seamless as billing or rebalancing — automated, reliable and built into the platforms advisors already use,” he said.
Credit: Orion
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