Backstop

Backstop

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Score 10.0 out of 100
Backstop

Overview

What is Backstop?

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...
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Recent Reviews

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Reviewer Pros & Cons

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Pricing

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What is Backstop?

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…

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting / Integration Services

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Product Demos

Backstop Solutions: Every Minute Matters for the Alternative Investment Industry
02:35
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Product Details

What is Backstop?

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.

Backstop Video

This video has been updated. Access the new version here: https://www.youtube.com/watch?v=KA3PEMaMzn0

Backstop Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

 (4)

Ratings

Reviews

(1-3 of 3)
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Angela Alessandria O'sullivan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Backstop opens the doors for safer investments with robust capital calculations that are generated with precise analysis to know which is the best option, the accounting department uses this tool to make safer decisions according to said calculations, it is a platform that is based on the cloud that consolidates and boosts portfolio management, it is easy to use by the entire accounting team, they have been using it for about two and a half years and we are sure that the investments are calculated to know if it is a good decision.
  • Accurate calculations to make better decisions.
  • Robust portfolio management.
  • It may not have many customization features, this is the only problem.
Every accounting department must have Backstop to perform safe investment calculations based on stable financial compliance metrics according to the portfolio management of each company, my main recommendation is to use Backstop daily in the accounting department so that they can appreciate the good results of investments.
wilson bruno | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Backstop has made sustainable planning where investors and business players use the knowledge shared to implement new investment plans. Furthermore, Backstop conducts research analytics, a form that improves the results that guide new investment plans. The financial planning and capital calculations are also facilitated by Backstop, making solid plans and decisions.
  • The portfolio planning and investment analysis is done well
  • The cost management and revenue generations
  • The accuracy of the decision rule
  • Poor communication procedures
  • Lack of specific OS support
  • No mobile version for Backstop
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.
April 09, 2020

Backstop Review

Sean Carr, CFA | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Backstop is used by our investment team for tracking notes from internal/external meetings and calls, as well as for portfolio oversight and management through the private equity module.
  • Storage of notes from calls and meetings.
  • Tracking portfolio holding balances, transactions, and IRRs/MOICs.
  • Allowing flexibility for client-defined uses.
  • Simplicity, ease of use (hard to get everyone on the team on the same page for how to use it).
  • Opportunities have been really hard for us to leverage.
  • It seems like it's geared towards salespeople sometimes instead of portfolio managers, etc.
I think for people who are in investment sales or portfolio management, Backstop can be an incredibly valuable resource.
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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