Comparison

AlternativeSoft vs eVestment — Which Is Right for You?

eVestment is widely used as a fund database for institutional investors. AlternativeSoft combines eVestment-quality fund data with deep portfolio analytics, AI-powered due diligence and automated reporting in one integrated platform.

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Comparing:Fund DatabasePeer AnalysisPortfolio AnalyticsDue DiligenceReportingPricing
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 needing peer group analysis, portfolio construction, risk monitoring and AI-powered due diligence alongside fund database access. eVestment suits you if your primary requirement is fund data and basic screening without deeper analytics.
Platform Overview

Two Different Approaches to Fund Analytics

Understanding what each platform was built to do is the starting point for any fair comparison.

AlternativeSoft is an integrated institutional investment analytics platform covering the complete investment cycle — fund screening, peer group analysis, portfolio construction, risk monitoring, AI-powered due diligence and automated reporting — in one system. Trusted by 150+ institutions managing $1.5tn+ since 2005.

Integrated AnalyticsAI Due DiligencePortfolio Construction4,000+ Risk StatisticsHedgeweek Award Winner

eVestment (NASDAQ) is primarily a fund data and analytics database focused on institutional manager screening and peer analytics. Strong on data breadth; limited on portfolio construction, due diligence automation and integrated reporting.

Fund DatabaseManager ScreeningPeer AnalyticsLimited Portfolio ToolsNo AI Due Diligence
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 eVestment: Feature-by-Feature

A direct comparison of the capabilities institutional investors need most.

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

AlternativeSoft or eVestment — Making the Right Choice

Choose AlternativeSoft if you need…

  • An integrated platform replacing database + analytics + ODD + reporting tools
  • AI-powered DDQ completion and ODD workflow management
  • Portfolio construction, optimisation and risk monitoring in one system
  • Automated IC reporting and white-label fund fact sheets
  • Private equity analytics alongside hedge fund data

eVestment may suit you if…

  • Your primary need is fund data and basic peer screening
  • You already have separate portfolio analytics and ODD tools
  • Your team is deeply embedded in the eVestment ecosystem
  • You do not need portfolio construction or due diligence automation
Switching to AlternativeSoft

Switching from eVestment to AlternativeSoft

Most clients are fully operational within 2-4 weeks. Your eVestment data subscription connects directly via API.

01

Connect Your Data

Your existing eVestment subscription connects to AlternativeSoft via API. Your full fund universe is available in AlternativeSoft immediately with no data re-entry.

02

Add Analytics Depth

Unlock portfolio construction, AI-powered due diligence, attribution and automated reporting that eVestment does not provide.

03

One Platform, All Workflows

Replace multiple disconnected tools with one integrated system covering the complete institutional investment workflow.

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

Both platforms provide peer group analysis. AlternativeSoft draws on multiple providers simultaneously (Bloomberg, eVestment, HFR, Morningstar, Preqin) giving a broader peer universe than eVestment alone. AlternativeSoft also provides 4,000+ ranking statistics versus eVestment's more limited metric set.
Yes. AlternativeSoft connects to eVestment via API — your eVestment data subscription feeds directly into AlternativeSoft's analytics environment. Many institutions use AlternativeSoft as the analytics layer on top of their eVestment data subscription.
AlternativeSoft connects to eVestment alongside Bloomberg, HFR, Morningstar, Preqin and Pitchbook — giving access to a broader fund universe than any single provider. The 500,000+ fund database spans all asset classes and geographies.
AlternativeSoft is significantly stronger for due diligence. eVestment does not offer AI-powered DDQ completion, ODD workflow management or centralised due diligence documentation. AlternativeSoft reduces DDQ completion time by up to 90% and manages the complete ODD workflow.
Pricing varies by module and client size. AlternativeSoft uses module-based pricing allowing institutions to pay for the capabilities they need. Contact AlternativeSoft for a quote comparing the total cost versus maintaining separate eVestment, analytics and ODD subscriptions.
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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