Backstop vs. FactSet

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Backstop
Score 10.0 out of 10
N/A
Backstop Solutions Group in Chicago provides cloud-based technology supporting hedge funds. These applications include tools for investment research and analytics, accounting, a financial services specific CRM, and investor relations and document sharing tools, as well as investment portfolio management and due diligence tracking.N/A
FactSet
Score 7.9 out of 10
N/A
FactSet is a provider of financial data and analytic applications for investment management and investment banking professionals.N/A
Pricing
BackstopFactSet
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
BackstopFactSet
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Best Alternatives
BackstopFactSet
Small Businesses
Creatio
Creatio
Score 9.1 out of 10

No answers on this topic

Medium-sized Companies
Creatio
Creatio
Score 9.1 out of 10
S&P Capital IQ
S&P Capital IQ
Score 7.8 out of 10
Enterprises
Creatio
Creatio
Score 9.1 out of 10
S&P Capital IQ
S&P Capital IQ
Score 7.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
BackstopFactSet
Likelihood to Recommend
10.0
(3 ratings)
9.4
(4 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Support Rating
10.0
(1 ratings)
7.0
(1 ratings)
User Testimonials
BackstopFactSet
Likelihood to Recommend
Backstop Solutions Group
Backstop makes planning and selecting the portfolio efficiently. There is a candid assistance in matters of resource utilization. Moreso, Backstop has a cost accounting notion, which makes the company control the expenses they make. Finally, Backstop has classical research procedures where analysis and decisions arrive after extensive assistance and evaluations.
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FactSet
Integration with MS Powerpoint is one of my first recommendations, it is an advance to be able to integrate FactSet with other products to be able to expand the capacity of accounting departments. The scalability of FactSet is amazing and is related to its integration plugins. The ROI achieved through FactSet also continues to motivate me to recommend it.
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Pros
Backstop Solutions Group
  • Storage of notes from calls and meetings.
  • Tracking portfolio holding balances, transactions, and IRRs/MOICs.
  • Allowing flexibility for client-defined uses.
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FactSet
  • curating outside in intelligence
  • enabling account plans target addressable market estimation
  • competitors tracking
  • value proposition pitching
  • RFP deal support
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Cons
Backstop Solutions Group
  • Poor communication procedures
  • Lack of specific OS support
  • No mobile version for Backstop
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FactSet
  • Faster load time
  • API integration
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Likelihood to Renew
Backstop Solutions Group
No answers on this topic
FactSet
The technical support motivates us to continue using FactSet, we will not stop using the advantages that this software offers us.
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Support Rating
Backstop Solutions Group
Backstop support is fantastic. They always pick up the phone without a wait and are highly knowledgeable, I rarely need more than 5 minutes to fix an issue.
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FactSet
I think the data delivery could be improved, but it's a good data set.
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Alternatives Considered
Backstop Solutions Group
I have not used or evaluated any Backstop competitors. Freestone already used Backstop when I started.
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FactSet
Global Data, AlphaSense, Hoovers, S&P, etc.
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Return on Investment
Backstop Solutions Group
  • Business ends up profiting
  • The chances of investing in the wrong projects don't exist
  • The analytical assistance from Backstop increases more investment plans
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FactSet
  • High quality sales pitches
  • stress tested competitive revenue models
  • outside in views for all selling and marketing stakeholders
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ScreenShots