TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Backstop

    Score10 out of 10
    N/ABackstop 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

    CommonSubDoc

    N/AN/ACSD platform offers a suite of features designed to transform fund management and investor relations. With a dedicated Deal Room and Tear Sheet, LPs are given access to essential information for informed decisions. The Digital Investor Onboarding simplifies the subscription lifecycle with e-Signatures, to make the process efficient. Customized Dashboards provide a holistic view of relevant data, enhancing decision-making. The solution is also used to automate Capital Call and Distribution…N/A
    Pricing
    BackstopCommonSubDoc
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    BackstopCommonSubDoc
    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
    User Ratings
    BackstopCommonSubDoc
    Likelihood to Recommend
    10.0
    (3 ratings)
    -
    (0 ratings)
    Support Rating
    10.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    BackstopCommonSubDoc
    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.
    Incentivized
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    Formidium Corp.
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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.
    Incentivized
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    Formidium Corp.
    No answers on this topic
    Cons
    Backstop Solutions Group
    • Poor communication procedures
    • Lack of specific OS support
    • No mobile version for Backstop
    Incentivized
    Read full review
    Formidium Corp.
    No answers on this topic
    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.
    Incentivized
    Read full review
    Formidium Corp.
    No answers on this topic
    Alternatives Considered
    Backstop Solutions Group
    I have not used or evaluated any Backstop competitors. Freestone already used Backstop when I started.
    Incentivized
    Read full review
    Formidium Corp.
    No answers on this topic
    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
    Incentivized
    Read full review
    Formidium Corp.
    No answers on this topic
    ScreenShots

    CommonSubDoc Screenshots

    Screenshot of the investor's online subscription flowScreenshot of the investor's online subscription trackingScreenshot of the investor's performance dashboardScreenshot of the data roomScreenshot of the Fund Card and High Level TrackingScreenshot of Capital Calls