Comparison

AlternativeSoft vs Backstop Solutions — Which Is Right for You?

Backstop Solutions combines CRM, portfolio monitoring and ODD workflows for institutional investors. AlternativeSoft provides the deeper quantitative analytics, AI-powered DDQ completion and peer group benchmarking that Backstop was not designed to deliver.

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Comparing:Fund AnalyticsPeer BenchmarkingAI Due DiligenceCRMPortfolio MonitoringIC Reporting
Trusted by
Aberdeen Asset Management•AllianceBernstein•BNP Paribas•Bessemer Trust•Raiffeisen Capital Management•Unigestion•Lyxor Asset Management•Kedge Capital•Lumyna Investments•Progressive Capital•Aberdeen Asset Management•AllianceBernstein•BNP Paribas•Bessemer Trust•Raiffeisen Capital Management•Unigestion•
Quick Verdict: AlternativeSoft is the stronger choice for institutions that need AI-powered DDQ completion, quantitative peer group analysis, portfolio construction and deep risk analytics. Backstop suits institutions whose primary need is CRM, relationship management and portfolio monitoring workflow rather than quantitative investment analytics.
Platform Overview

Deep Analytics vs CRM and Workflow Management

AlternativeSoft and Backstop Solutions address complementary but distinct needs for institutional investors.

AlternativeSoft provides institutional-grade quantitative analytics — fund screening, peer group analysis, portfolio construction, risk monitoring and AI-powered due diligence — in one integrated platform. Purpose-built for the analytical depth institutional investment decision-making demands.

AI DDQ AutomationQuantitative AnalyticsPeer Group AnalysisPortfolio ConstructionHedgeweek Award Winner

Backstop Solutions is an institutional investment platform covering CRM, portfolio monitoring, investor relations and ODD document management. Broad workflow coverage; less depth in quantitative analytics, AI-powered DDQ completion and institutional portfolio construction.

CRM & WorkflowPortfolio MonitoringInvestor RelationsLimited Quantitative DepthNo AI DDQ Completion
150+
Institutional Clients
Worldwide
$1.5tn+
AuM Managed by
Our Clients
500k+
Funds in Our
Database
20+
Years of Excellence
Since 2005
Feature Comparison

AlternativeSoft vs Backstop: Analytics and ODD Capabilities

A feature-by-feature comparison for institutional allocators evaluating both platforms.

Feature / Capability AlternativeSoft Backstop Solutions
AI-Powered DDQ Completion
ODD Workflow Management
Centralised Document Hub
AI Compliance Flagging
Peer Group Analysis (500k+ funds)
4,000+ Risk-Adjusted Statistics
Portfolio Construction & Optimisation
Factor & Style Analysis
Performance Attribution
Automated IC Reporting
White-Label Fund Fact Sheets
CRM & Relationship Management
Investor Relations Workflow
Multi-Provider Data Integration
Private Equity Analytics (IRR/PME)
Which Platform Is Right for You?

AlternativeSoft or Backstop Solutions — The Right Platform

Choose AlternativeSoft if you need…

  • AI-powered DDQ completion reducing questionnaire time by up to 90%
  • Quantitative peer group analysis across 500,000+ funds
  • Portfolio construction, optimisation and multi-factor risk analytics
  • Automated IC reporting and white-label fund fact sheets
  • Deep alternatives analytics beyond monitoring and workflow management

Backstop Solutions may suit you if…

  • Your primary needs are CRM, investor relations and relationship management
  • You are focused on portfolio monitoring and reporting workflow rather than quantitative analytics
  • Your team is deeply invested in the Backstop ecosystem and data integrations
  • You need investor portal and LP communication management capabilities
Switching to AlternativeSoft

Moving from Backstop to AlternativeSoft

AlternativeSoft adds the quantitative analytics depth that Backstop workflow management does not provide.

01

Migrate Data and Documents

Your Backstop portfolio data and ODD documentation can be imported into AlternativeSoft. Migration support provided by the onboarding team.

02

Activate AI Due Diligence

Enable AI-powered DDQ completion — a capability Backstop does not offer — and centralise all ODD workflows in AlternativeSoft's cloud hub.

03

Unlock Full Analytics

Access peer group analysis, portfolio construction, factor attribution and automated IC reporting from one integrated platform.

Client Testimonials

Trusted by 150+ Leading Institutions

“

AlternativeSoft streamlines many useful performance-based analytics including portfolio optimisation, peer evaluation, and relative analyses. An intuitive platform that is additive to our processes.

Aberdeen Asset Management
Head of Risk Management
★★★★★
“

A practical and user-friendly tool used as part of our portfolio construction and risk management process. Their extensive support and responsiveness provides real added value.

AllianceBernstein
Co-head, Risk Management & Portfolio Construction
★★★★★
“

From statistical analysis on a single hedge fund to portfolio construction, risk analysis and stress testing — one of the most effective and intuitive tools I have handled.

BNP Paribas
Hedge Fund Solutions
★★★★★
Best Risk Management Software
Hedgeweek — 4 Consecutive Years
Best Portfolio Analytics Platform
HFM European Awards
10+ Industry Awards
Recognised since 2005
ISO & GDPR Compliant
Enterprise-grade Security
FAQ

Frequently Asked Questions

AlternativeSoft is a quantitative analytics platform with deep fund analytics, AI-powered DDQ completion, peer group analysis and portfolio construction. Backstop is a workflow and CRM platform with portfolio monitoring and investor relations capabilities. AlternativeSoft provides the analytical depth that Backstop workflow management does not.
Backstop Solutions provides ODD document management and workflow coordination but does not use AI to actively complete DDQ responses from fund documents. AlternativeSoft's AI reads uploaded fund documents and generates questionnaire responses automatically, reducing completion time by up to 90%.
For institutions focused on quantitative analytics and AI-powered due diligence, AlternativeSoft replaces Backstop's analytics and ODD capabilities with significantly greater depth. For CRM and investor relations workflow, some institutions continue using dedicated CRM tools alongside AlternativeSoft.
AlternativeSoft provides deep institutional peer group analysis across 500,000+ funds with 4,000+ ranking statistics. Backstop provides some peer analytics but does not match AlternativeSoft's breadth of fund universe or depth of statistical analysis.
AlternativeSoft can import data from Backstop via export files and supports direct data integration from Bloomberg, eVestment, Morningstar and other providers. Contact the AlternativeSoft team to discuss your specific data integration requirements.
Request a Demo

See AlternativeSoft
in Action

Join 150+ institutional investors who rely on AlternativeSoft to select and monitor funds. Book a personalised demo with our team today.

  • Live walkthrough of the full platform
  • Tailored to your asset class — hedge funds, mutual funds or private markets
  • Q&A with our investment analytics specialists
  • Free trial access available following the demo
  • Dedicated onboarding and implementation support
Hedgeweek Best Risk Management Software — voted by clients 4 years running
Data integrations include:
BloombergeVestmentMorningstarPreqinPitchbookHFR

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