If your team is evaluating an eVestment alternative, the useful starting point is what your team needs the platform to do. This page sets out what AlternativeSoft covers, how it works with eVestment data you already license, and what to check before you switch or add a platform.
eVestment, part of Nasdaq, is widely used by institutional investors and consultants for manager research and screening. In our experience, teams begin comparing alternatives for one of four reasons, and none of them is about the quality of the data.
Choosing an alternative does not have to mean giving up data you rely on. AlternativeSoft connects to an existing eVestment data subscription via API, so the funds you already follow sit in the same environment as data from Bloomberg, Morningstar, HFR, Preqin and your own internal files. Some institutions keep both platforms. Others consolidate once their workflows have moved across.
Access to eVestment data inside AlternativeSoft requires your own licence with the data provider.
Whichever platforms are on your shortlist, these six questions help you compare them on the same basis.
| Question to ask | Why it matters |
|---|---|
| Which data sources can it combine? | Combining sources widens your peer groups and makes cross-asset comparison easier. |
| Can I build custom peer groups? | Standard categories rarely match the way your committee defines a strategy. |
| Does it construct and stress test portfolios? | Manager selection and portfolio impact should be assessed in the same place. |
| How is due diligence recorded? | An audit trail of who approved what, and why, is what trustees and regulators ask for. |
| What does reporting take? | Committee packs and fact sheets should be generated from live data, not rebuilt each cycle. |
| How long is onboarding? | Most institutions are operational on AlternativeSoft within two to four weeks. |
Vendor capabilities and pricing change frequently. Confirm current features directly with each provider before making a decision. eVestment is a trademark of its owner. AlternativeSoft is not affiliated with or endorsed by Nasdaq.
AlternativeSoft streamlines many useful performance-based analytics including portfolio optimisation, peer evaluation, and relative analyses. An intuitive platform that is additive to our processes.
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.
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.
Join 150+ institutional investors who rely on AlternativeSoft to select and monitor funds. Book a personalised demo with our team today.
Complete the form and we’ll respond within one business day.