Hedgeweek Best Risk Management Software, 4 Years Running
Used by 5 of the world's 10 largest hedge fund selectors

AlternativeSoft Desktop
The installed fund analytics platform behind 150+ institutions

The full AlternativeSoft engine on the analyst's own machine: Fund selection, peer groups, portfolio construction, risk, stress testing and reporting on 500,000+ funds, with a local MCP connector so Claude Desktop and other AI tools can query it without a server.

Last updated 5 November 2026.

In short

AlternativeSoft Desktop is the installed version of the AlternativeSoft fund analytics platform: The full engine for fund selection, peer group analysis, portfolio construction, risk, stress testing and reporting, running on the analyst's own machine against a database of 500,000+ funds. It is the version used by most of the 150+ institutions on the platform, it hosts the local MCP connector for Claude Desktop and other desktop AI tools, and it shares its data and licence with AlternativeSoft Cloud, so a firm can run both.

At a glance

  • InstalledWindows application on the analyst's machine
  • 500,000+Funds in the connected database
  • 4,000+Statistics, 25+ analytics modules
  • Local MCPClaude Desktop and developer tools, no server
  • CloudSame data and licence as AlternativeSoft Cloud
  • Since 2005Twenty years of releases
Modules

What AlternativeSoft Desktop includes

One licence, every module the investment team uses.

Fund search and screening

Filter 500,000+ funds on any statistic, save screens and re-run them monthly.

Fund search

Peer group analysis

Custom peer groups, quartile ranking, rolling rank over time.

Peer groups

Portfolio construction and optimisation

Nine optimisation methods under liquidity, concentration and mandate constraints.

Portfolio construction

Risk and stress testing

VaR, drawdown, factor exposure, historical and custom scenarios on funds and portfolios.

Risk analysis

Style and factor analysis

Returns-based style analysis, factor regression and LASSO factor selection.

Style analysis

Reporting

Factsheets, portfolio reports and committee packs in your branding, batch-scheduled.

Reporting
Desktop vs Cloud

AlternativeSoft Desktop and AlternativeSoft Cloud

Same engine, same data, two ways to run it.

AlternativeSoft DesktopAlternativeSoft Cloud
Where it runsInstalled on Windows, connected to the databaseBrowser, any device
Best forAnalysts running deep quantitative work dailyTeams that want access anywhere and the Cloud ODD module
AI assistantLocal MCP for Claude Desktop and developer tools, plus server-hosted MCPServer-hosted MCP for Claude, ChatGPT and Copilot
Due diligenceIDD analytics on every fund recordCloud ODD: DDQs, documents, AI completion, audit trail
Why firms keep the desktop

The analyst's workbench

Twenty years of institutional use shaped AlternativeSoft Desktop into a workbench rather than a dashboard. An analyst can move from a screen of the universe to a peer group, a factor regression, a stress test and a branded report without leaving the application or exporting a file, and every figure traces back to a timestamped calculation.

The desktop is also where the local MCP connector lives. An analyst with Claude Desktop installed can ask for a peer ranking or a drawdown analysis in plain language and have it computed on the machine, with nothing leaving the firm's environment and no server to host.

See AlternativeSoft Desktop on Your Own Funds

A 30-minute walkthrough built on funds you follow, then a free trial on your own machine.

Frequently Asked Questions

Common questions

What is AlternativeSoft Desktop?

The installed Windows version of the AlternativeSoft platform. It connects to the AlternativeSoft fund database and runs every analytics module locally: Screening, peer group analysis, portfolio construction, risk, stress testing, factor analysis and reporting.

What is the difference between AlternativeSoft Desktop and AlternativeSoft Cloud?

The engine and data are the same. Desktop is installed and is the analyst's deep-work environment; Cloud runs in the browser, adds the Cloud ODD due diligence module and serves web-based AI assistants through server-hosted MCP. Many firms run both on one licence.

Does AlternativeSoft Desktop work with Claude?

Yes. The local MCP connector runs beside the desktop application, so Claude Desktop, Claude Code and other desktop AI tools can ask for analytics in plain language and have them computed on the machine.

What are the system requirements?

A Windows machine with network access to the AlternativeSoft database. Detailed requirements and the installation guide are provided with the licence.

Can I use my own data in the desktop?

Yes. Returns, positions and documents for internal funds, managed accounts and portfolios are imported from Excel, CSV or SQL and analysed with the same tools as the funds in the database.

How much does AlternativeSoft Desktop cost?

AlternativeSoft is licensed annually by users and modules, not by assets or query volume. Pricing follows a demonstration on your own funds, and a free trial is available afterwards.

Which data sources are included?

Bloomberg, Morningstar, Lipper, Preqin, Pitchbook, HFR, eVestment, Albourne, BarclayHedge and EurekaHedge, reconciled into one database of 500,000+ funds, plus your own Excel, CSV or SQL data treated on equal terms.
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