Advisors can use the software to stress test portfolios and input their own assumptions about the macro environment, and thus create hedging strategies around inverse and non-correlated securities, the firms explained in a statement.

"By integrating with HiddenLevers, TD has put its chips down - portfolio stress testing matters," said Raj Udeshi, co-founder of HiddenLevers.

According to a survey that came out last month from Interactive Advisory Software, integration also matters, and registered investment advisors and independent financial advisors want to see advances in technology integration from their tech providers this year.