A comparison you can trust has to be honest about what each platform does. This page describes Backstop Solutions only in its own words, sets out exactly what AlternativeSoft does for manager research notes and due diligence organisation, and gives you eight questions to ask both so the decision is made on your own funds.
If you are evaluating Backstop Solutions for investment CRM and research management, this page sets out what AlternativeSoft does for the same job, so you can compare the two on your own funds. We describe Backstop Solutions only in the terms it uses for itself on its own website, as of 2 November 2026, and we make no claims about its features or pricing. Where the two products do different jobs, we say so; manager research teams and investor relations teams commonly run both.
Two short descriptions, each in the vendor's own terms. The overlap is manager research notes and due diligence organisation.
Backstop describes itself as a CRM and research management platform for institutional investors and fund managers, part of ION Analytics. Source: backstopsolutions.com, accessed 2 November 2026.
AlternativeSoft is an investment analytics and due diligence platform for institutional investors and fund managers: Fund screening across 500,000+ funds, peer group and factor analysis, portfolio construction and risk, AI-assisted operational due diligence, automated reporting and an AI assistant connector, on one database, since 2005.
Our answers are below. Put the same questions to Backstop Solutions and compare the answers on your own funds rather than on either vendor's marketing.
| Question | AlternativeSoft's answer | Backstop Solutions |
|---|---|---|
| How many funds, and from which providers, are in the database? | 500,000+ hedge funds, mutual funds, UCITS, ETFs, private equity and private credit funds from Bloomberg, Morningstar, Lipper, eVestment, Preqin, HFR and 10+ further providers, reconciled into one database. | Ask Backstop Solutions and compare. |
| How many statistics can I screen and rank on, and can I build my own peer groups? | 4,000+ risk-adjusted statistics; custom peer groups by strategy, region, size, fee or named list, saved for ongoing ranking. | Ask Backstop Solutions and compare. |
| Is due diligence in the same platform as the analytics? | Yes. The Due Diligence Exchange completes and reviews DDQs with AI, extracts data from fund documents, flags compliance issues and keeps every file in one hub, on the same manager record as the analytics. | Ask Backstop Solutions and compare. |
| Can private markets and liquid funds sit in one portfolio? | Yes. ILPA import, Yale-model cash flow forecasting, IRR, TVPI and DPI sit beside monthly returns, with stress tests across both. | Ask Backstop Solutions and compare. |
| What does reporting look like, and can it be white-labelled? | Up to 100 reports per scheduled run, 50+ templates, white-labelled factsheets, interactive FluidView links, Power BI connector and Excel API. | Ask Backstop Solutions and compare. |
| Can my team query it with an AI assistant? | Yes. AlternativeSoft MCP lets Claude, ChatGPT and Microsoft 365 Copilot run peer groups, statistics and reports on your own data in plain language. | Ask Backstop Solutions and compare. |
| Who else uses it, and for how long? | 150+ institutions managing over $1.5tn, including 5 of the world's 10 largest hedge fund selectors, since 2005. Hedgeweek Best Risk Management Software 2022 to 2025. | Ask Backstop Solutions and compare. |
| How is it priced? | Annually, by users and modules, not by assets. Marketplace listing for managers is free. Quotation after a demonstration. | Ask Backstop Solutions and compare. |
Most evaluations end in one of three places. All three are supported.
AlternativeSoft imports returns, holdings and documents from spreadsheets, provider feeds and most third-party systems, so it can sit beside an existing tool for the jobs that tool does not do.
Send us the funds you hold or follow. We load them, run the peer groups, risk and a report, and you compare the output with what you have today. No commitment.
If you decide to consolidate, your document library, templates and user setup are migrated with AlternativeSoft's support, and most clients are live within weeks.
Trial access is available after the demonstration, so the comparison is made on your data rather than on either vendor's claims.
Send us three funds you hold or are evaluating. We will show you the AlternativeSoft output on each, side by side with whatever you use today, in a 45-minute session.
Backstop Solutions is a trademark of its owner. AlternativeSoft has no affiliation with Backstop Solutions and this page is not endorsed by it. Descriptions of Backstop Solutions are limited to how it describes itself publicly, as of 2 November 2026; we do not assess its features, performance or pricing, and anything not stated here should be confirmed with Backstop Solutions directly. Statements about AlternativeSoft are our own and can be verified in a demonstration. If you represent Backstop Solutions and believe anything on this page is inaccurate, write to marketing@alternativesoft.com and we will review it promptly.
Tell us which platform you are evaluating and name up to three funds you hold or are considering. We load them, run the peer groups, risk and a report, and walk you through the output beside whatever you use today. Forty-five minutes, no commitment, free trial access afterwards.
Complete the form and we will be in touch within one business day.