InformationTitleProducts and Prices App OverviewDescriptionThis article provides an overview of the Products and Prices app.Body User Access: The features and tools in this article are only available to Advisor level users. Executive Summary (TL;DR) This article provides an overview of the Products and Prices app, where advisors review, edit, and maintain product data, pricing, and classifications across their database. In this article, you’ll find: - View and edit all local products held across the database, and view global products from Orion. - Create, assign, and maintain product classifications - such as asset classes, risk categories, and security classifications - to support consistent trading, billing, and reporting. - Use built-in audits and maintenance tools to identify missing classifications or bond data and address issues before they impact calculations or quarter-end processes. - Control access and functionality through Manage Users privileges to align product and pricing responsibilities with your firm's workflows. By reviewing these sections, you’ll have an understanding of the Products and Prices app and how to maintain products and pricing data up to date to ensure portfolio accuracy. What Does This Article Help Solve? Common Real-Life Questions Users Ask About Products and Prices "Why can I see products and prices but not edit them?""What's the best way to find and update a custom product that only exists in our database?""If I update a security classification, how can I ensure that it would show on reports?""How do I tell whether a product is using global prices or local prices before I make a change?" Article Quick Links Why Use the Products and Prices App?What is Offered in the Products and Prices App?How do I Access and Navigate the Products and Prices App? Products My Current ProductsSearch Local Products and Search Global Products Prices LocalGlobal Security Classification (NEW) Products Classification Methods Security Classes Maintenance Missing Asset Classes and Missing Risk CategoriesBonds Without Bond Rates Setup Asset Classes/Categories and Risk CategoriesProvider Assignments and Provider Assignment Overrides Exports Why Use the Products and Prices App? Quickly view and edit all products that your clients currently hold. View global prices and add local prices for custom products. Set up and maintain your product classifications for both automatic and manual classification methods. What is Offered in the Products and Prices App? The Products and Prices app stores all product and price information, including local products and prices that are unique to your database and global ones available to all databases across Orion. This app also stores all product classifications and bond and dividend rate information for fixed income calculations. Products and Prices App Overview - Video (3 min.) Watch this video for a brief tour of the Products and Prices app. Orion Feature Spotlight: The Products and Prices are Right (57 min.) How do I Access and Navigate the Products and Prices App? Manage Users Privileges The following privilege must be enabled for your role within the Manage Users app to have access to the Products and Prices app. Products and Prices - Check the Enable box (Located under the Apps tab > Products section) Additional privileges you will need to the view different areas within the app: Privilege NameDescriptionGlobal Prices (Records > Admin)Global PricesGlobal Products (Records > Admin)Allows access to view the Global Product details within the Orion system.Asset Classes (Records> Products)Allows access to asset classes in the Products & Prices app.Bond Rates (Records > Products)Allows access to the Bond Rates editor on the Product Editor.Local Prices (Records > Products)Allows access to the database local prices in the Products & Prices app.Products And Prices (Apps > Products)Review and maintain Product Classifications. Search your Local Products or Orion’s Global Products List + review local and global Prices. Use Product Audits to keep your product assignments in shape for Trading and looking good on Reports.Products (Records > Products)Allows access to products within the Products & Prices app.Risk Categories (Records > Products)Allows access to risk categories in the Products & Prices app.Security Class (Actions > Custom Imports)Allows a user to Create/Edit/Delete Security Classes through Custom Import.Security Class Assign (Actions > Custom Imports)Allows a user to Assign/Unassign Security Classes to Products by Custom Import.Security Class Assignment (Actions > Products)Allows a user to Assign/Unassign Security Classes to Products within the Products & Prices app.Security Class Entity Override (Records > Products)Allows users to set Security Class Overrides for a Product at the Broker-Dealer, Representative, or Household/Client level.Security Class Entity Override (Actions > Custom Imports)Allows users to set Security Class Overrides for a Product for Entities through Custom Imports.Security Classification Setup (Records > Products)Allows users to access and configure Security Classification Methods, Security Classes, Rules and Assignments. Review the How to Update Manage User Privileges article for more information on editing privileges. Products My Current Products The My Currents Products tab lists all products currently held in accounts in your database and is the landing page for the app. Customize your view using the Filters, Columns, and Groupings options on the right sidebar. Please reference the Use Filters, Columns, and Groupings to Customize Your View article to learn more about customizing views. Right-click on a product to see the different areas of the product editor, Global Prices, Local Prices, and Assets options: Select the area of the product that you want to edit. For example, click Edit Local Product to edit product information such as asset class assignment and taxable settings. Use Global Prices to view global prices for the product if the product uses prices from the global table.Use Local Prices to view and edit local prices for the product if the product uses prices from the local table. Select Assets to view all of the specific holdings of the product across your database. Search Local Products and Search Global Products These two tools allow you to search for a product or group of products. Search Local Products uses a table made up of all products that were ever sent to Orion through your data feeds and any custom products you manually created. Search Global Products uses a table made up of all products ever created in Orion. The global table takes longer to load because it is significantly larger than the local table. Global Product Table Watch the video below to learn more about the global product table. Local Product Table Watch the video below to learn more about the local product table. Back To Top Prices Local The Local Price Table is unique to your database and is for custom products and any historical prices that your firm gave Orion during the onboarding process. This is also where you manually add prices to a single custom product. Please reference How to Add Local Prices to learn more about adding prices to the local price table. Global The Global Price Table stores all prices sent to Orion from custodians. All databases have access to these prices. Global Prices Video Watch this video to learn more about global prices. Back To Top Security Classification (NEW) Security Classifications provide a flexible way to organize securities and products into meaningful groups that support segmentations, risk analysis, and consistent reporting. Similar to Asset Categories, Asset Classes, and Risk Categories, they define how securities are classified, but with greater flexibility and control. Firms may create as many classifications as needed, using structures that range from simple groupings to detailed frameworks aligned to firm-specific data and priorities. The classification methods assign security classes in a way that mirrors Product Categories and Product Classes, helping maintain consistency across the platform. Once in place, security classifications are integrated into key workflows, including Trading, Reporting, and Billing, thereby improving visibility, accuracy, and alignment across teams. For a more in-depth breakdown of Security Classification (NEW) and subpages, review the Security Classifications Video Demo Library. Products In the Security Classification (NEW) section, the Products page connects with each product to its assigned security class and classification methods, creating a clear view of how products are grouped for Reporting, Trading, and Billing. When you open the Products page for the first time, select whether to review products your firm currently owns, has ever owned, or a custom list imported by product ID or symbol. After selecting a view, the grid loads with security classification products, security class assignments, and related data. Utilize filtering, grouping, and column adjustments to focus on the most relevant information. Change Products View Select in the top right.Choose the view that you need to go to.Click the star to update the default view Actions Select a product and either select Actions in the upper right or right-click.Select View Local Product to display the product information on the screen.Select View Security Class Assignments to open a new browser tab and display the Security Class Assignments options. Use the Refresh to update the displayed grid. To download the view, hit the Export to Excel . Together, the Products and Security Classes pages offer a structured and flexible approach to managing product data and maintaining consistent security classifications across the firm. Classification Methods Classification Methods define how securities are grouped and flow through Security Classifications. Orion supports three method types: Global, Inherited, and Rules/Assigned, each designed to support different classification strategies and levels of control. Global: Methods that are permissioned out by Orion and use prebuilt datasets and security classes, providing a standardized starting point for firms. Global methods can also act as a base for inherited models.Rules and Assigned: These methods enable advisors to build classifications from scratch, manually assign securities, or create rules from available datasets that automatically assign securities. These methods support both simple and complex logic, as well as scheduled or on-demand recalculations, and parent-to-child product behavior, providing precise control.Inherited: Methods that derive from an existing method, either Global or Rules/Assigned, allowing firms to build hierarchical classifications that refine or segment securities while maintaining a connection to the original source. Inherited methods assign securities immediately and do not require recalculation schedules. Security Classes Security Classes group products into categories that support Reporting, Trading, and Billing workflows. Assign security classes to products individually or in bulk using the Assignments Panel, which provides a centralized view of all assignments within a classification method. The Assignments Panel is accessible from the Classification Methods, Products, or Security Classes pages and allows users to: Add, import, or overwrite product assignments, or reset assignments to defaults.Manage Weightings for products assigned to multiple classes, ensuring totals equal 100%.Lock assignment types to prevent automated processes from changing manual updates.Use context menus and action buttons to view product details, assign security classes to multiple products, or export data to Excel. Access the Security Class Import to create or update classes en masse via a downloadable template in the Custom Imports app. Accessing the Security Class Import in the Actions drop-down automatically directs you to the Custom Imports app in a new browser tab. For more information, review How-To and Troubleshooting: Security Class. Similar to the Classification Method section, the Actions menu displays additional options once a security class is selected. Back to Top Maintenance Use these audits to ensure that products are classified correctly and contain all necessary information. Missing Asset Classes, Missing Risk Categories, and Bonds Without Bond Rates are the most common. Missing Asset Classes and Missing Risk Categories Audits For more information on how to use the Missing Asset Classes and Missing Risk Categories audits, please review the Missing Asset Classes and Missing Risk Categories Audits section of the How-To and Overview: Create and Assign Asset Classes, Asset Categories, and Risk Categories article. Bonds Without Bond Rates This lists all Bonds and CDs that are missing bond rate information. Missing information results in incomplete fixed income calculations, and it's important to make sure there is nothing missing for products that are currently owned in your database. All bonds and CDs without bond rates in your database are shown in the list, but you only need to pay attention to those that display "Currently Owned" in the Currently Owned column. When a bond shows up on this audit, it usually just means the automated process did not find the information. You are not able to update bond rates because they are a global setting. Please reach out to the Products and Prices team with the list of tickers you need to add bond rate information to, and they will make those updates. If the Products and Prices team cannot find the bond rate information, you will need to supply it. TIP: Review this audit weekly or at least monthly to stay caught up and make updates before quarter end approaches. Please review the Bonds Missing Bond Rates article to learn more about this topic. Back To Top Setup Asset Classes/Categories and Risk Categories This is where you maintain your asset classes, asset categories, and risk categories. Use these tabs to create, edit, and delete these classifications. The steps to create all three classifications are similar.Find the step-by-step instructions on how to create and assign classifications in the How-To and Overview: Create and Assign Asset Classes, Asset Categories, and Risk Categories article. Please refer to the Product Classification Basics article to learn more about asset classes, asset categories, and risk categories. Review the Advanced Product Classification to learn about automatic classification options and weightings. Provider Assignments and Provider Assignment Overrides If you decide to use one of the asset class auto-assignment options, set them up in the Provider Assignments tab. Use the Provider Assignment Overrides tab to bucket an auto-assigned asset class into a manually created one.Please review the Advanced Product Classification article for more information on asset class auto-assignment options and How to Use the Provider Assignment Override Tool to learn how to use the override tool. Exports Use the Asset Classes, Asset Categories, and Risk Categories exports to review a list of all of your classifications. These are especially useful for custom imports because product-related custom imports often require asset class IDs and risk category IDs. Asset category IDs are found in the ID column on the list of asset categories on the Asset Classes/Categories tab. Back To Top *The privilege for this feature or tool is only available at the Advisor user level. Access for each roll level is controlled by role privileges. Role privileges and user assignments are managed by your firm's administrator. In Summary Review products and prices in one place to keep classifications, pricing, and fixed income data aligned across the database. Verify Manage Users privileges early to ensure access to editing, audits, and security classification tools. Use local and global product views intentionally to confirm the origin of data before making updates. Maintain data quality through regular audits to identify missing asset classes, risk categories, and bond rates. Leverage security classifications and provider overrides to support accurate trading, reporting, and billing outcomes. Internal Tracking InfoURL NameProducts-and-Prices-App-Overview