Backstop

by Backstop Solutions Group

Who Uses Backstop?

Institutional investors: Funds of funds, endowments, foundations, pensions, OCIOs, family offices, and consultants. Alternative asset managers: hedge funds, private equity, real estate, and VC firms.

What Is Backstop?

Backstop Solutions exists to help the institutional and alternative investment industry make the most of their time. Every minute matters in our industry, and we want to help our clients replace their complicated task lists with streamlined business processes. We do this by bringing best-in-class, cloud-based productivity technology to asset managers and allocators alike, helping them better raise and retain capital, perform research and portfolio management, and service their key stakeholders.

Backstop Details

Backstop Solutions Group

http://www.backstopsolutions.com

Founded 2003

Backstop pricing overview

Backstop does not have a free version.


Starting Price

Not provided by vendor

Free Version

No

Backstop deployment and support

Support

  • Email/Help Desk
  • Phone Support

Deployment

  • Cloud, SaaS, Web-based
  • Android (Mobile)
  • iPhone (Mobile)

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation

Backstop Features

  • API
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Administrative Reporting
  • Alerts/Notifications
  • Audit Management
  • Audit Trail
  • Benchmarking
  • CRM
  • Cap Table Management
  • Client Portal
  • Compensation Management
  • Compliance Management
  • Cost Analysis
  • Customizable Branding
  • Customizable Reports
  • Deal Management
  • Document Management
  • Document Storage
  • Employee Management
  • Employee Reward Programs
  • Financial Analysis
  • Financial Management
  • Financial Modeling
  • Forecasting
  • Grant Management
  • Investor Reporting
  • Multi-Currency
  • Options Management
  • Participant Portal
  • Performance Metrics
  • Planning Tools
  • Portfolio Management
  • Private Equity
  • Public Equity
  • Real Time Analytics
  • Real Time Data
  • Reporting & Statistics
  • Role-Based Permissions
  • Scenario Planning
  • Scheduled / Automated Reports
  • Spend Analysis
  • Status Tracking
  • Summary Reports
  • Third Party Integrations
  • Transaction History
  • Valuation Management
  • Vesting Management
  • Workflow Management

View full list of Equity Management Software

  • API
  • Access Controls/Permissions
  • Account Alerts
  • Activity Dashboard
  • Activity Management
  • Activity Tracking
  • Alerts/Notifications
  • Asset Management
  • CRM
  • Calendar Management
  • Calendar Sync
  • Campaign Management
  • Client Management
  • Collaboration Tools
  • Configurable Workflow
  • Contact Database
  • Contact Management
  • Customer Database
  • Customizable Fields
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Document Management
  • Document Storage
  • Drag & Drop
  • Email Management
  • Email Marketing
  • Email Templates
  • Expense Tracking
  • Forecasting
  • Household Tracking
  • Influence Tracking
  • Interaction Tracking
  • Lead Capture
  • Lead Management
  • Marketing Automation
  • Mobile Access
  • Pipeline Management
  • Relationship Tracking
  • Reminders
  • Reporting & Statistics
  • Sales Reports
  • Search/Filter
  • Task Management
  • Task Scheduling
  • Team Assignments
  • Template Management
  • Territory Management
  • Third Party Integrations
  • Workflow Management

View full list of Financial CRM Software

  • ACH Payment Processing
  • AIMR Compliance
  • API
  • Activity Dashboard
  • Audit Trail
  • BSA Compliance
  • Business Process Control
  • CBOT
  • Compliance Management
  • Controls Audit
  • Counterparty Risks
  • Credit Risk Management
  • Data Management
  • Debt Management
  • Derivative Valuation
  • Enterprise Risk Management
  • FACTA Red Flags
  • Financial Risk Reporting
  • For Hedge Funds
  • Foreign Exchange Risks
  • Fraud Detection
  • GLBA Management
  • Hierarchy Management
  • Income & Balance Sheet
  • Interest Rate Risks
  • LME
  • Limit Control
  • Liquidity Analysis
  • Loan Portfolio Management
  • Market Risk Management
  • Modified Dietz Analysis
  • NYBOT
  • NYMEX
  • OTC
  • Operational Risk Management
  • Performance Metrics
  • Performance: Cash / No Cash
  • Performance: Time Period
  • Portfolio Analysis
  • Portfolio Management
  • Portfolio Modeling
  • Rate of Return Analysis
  • Reporting & Statistics
  • Reporting/Analytics
  • Risk Analytics
  • Risk Assessment
  • Scenario Planning
  • Stress Tests
  • Trade Tracking
  • Vendor Management

View full list of Financial Risk Management Software

  • API
  • Account Reconciliation
  • Accounting
  • Audit Trail
  • Automated Execution
  • Benchmarking
  • Breakpoint Management
  • Client Portal
  • Commission Management
  • Compliance Management
  • Contact Management
  • Customizable Reports
  • Customization
  • Data Import/Export
  • Document Management
  • Financial Analysis
  • Fixed Asset Management
  • Flexible Allocation Methods
  • Flexible Data Models
  • For Buy-Side Firms
  • For Family Offices
  • For Fund of Funds
  • For Hedge Funds
  • For Multi-Family Offices
  • For Offshore
  • For Real Estate
  • For Sell-Side Firms
  • For Venture Capital
  • General Ledger
  • Graphical Data Presentation
  • Investor Accounting
  • Investor Management
  • Investor Reporting
  • Manager Profiling
  • Monitoring
  • Order Management
  • Partnership Accounting
  • Payroll Management
  • Performance Analysis
  • Performance Metrics
  • Portfolio Accounting
  • Portfolio Analysis
  • Portfolio Management
  • Profit/Loss Statement
  • Real Time Reporting
  • Reporting & Statistics
  • Risk Assessment
  • Sales Automation
  • Status Tracking
  • Workflow Management

View full list of Hedge Fund Software

  • API
  • Accounting
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Asset Management
  • Audit Trail
  • Benchmarking
  • Bonds / Stocks
  • Client Management
  • Client Portal
  • Commodity Futures
  • Compliance Management
  • Compliance Tracking
  • Contact Management
  • Customizable Reports
  • Data Import/Export
  • Data Visualization
  • Document Management
  • Document Storage
  • Fee Management
  • Financial Analysis
  • Financial Management
  • For Investment Advisors
  • For Investors & Traders
  • Fund Management
  • Investments Tracking
  • Mobile Access
  • Modeling & Simulation
  • Monitoring
  • Order Management
  • Payroll & Commissions
  • Performance Management
  • Performance Metrics
  • Portfolio Management
  • Portfolio Rebalancing
  • Real Estate
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Reporting & Statistics
  • Reporting/Analytics
  • Risk Assessment
  • Risk Management
  • Self Service Portal
  • Summary Reports
  • Third Party Integrations
  • Visual Analytics
  • Workflow Management

View full list of Investment Management Software

Backstop Alternatives

More Backstop alternatives

Backstop Reviews

Read all reviews

Overall rating

4.3/5

Average score

Ease of Use 4
Customer Service 4.5
Features 4.2
Value for Money 4

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Write a Review!
Andrew K.
Controller, CPA
Financial Services, 11-50 Employees
Used the Software for: 2+ years
  • Overall Rating
    5 /5
  • Ease of Use
    3 /5
  • Features & Functionality
    4 /5
  • Customer Support
    Unrated
  • Value for Money
    Unrated
  • Likelihood to Recommend
    7/10
  • Reviewer Source 
  • Reviewed on 09/07/2020

"Backstop Review"

Comments: The wide range of functionality is a good solution for various needs across different departments.

Pros: This a good data aggregator for client information, history and data. The functionality servers a lot of different uses.

Cons: The ease of use and custom reporting is not intuitive and locating specific charts and data sets can sometimes be difficult.

  • Reviewer Source 
  • Reviewed on 09/07/2020
Verified Reviewer
Senior Product Manager
Financial Services
Used the Software for: 2+ years
  • Overall Rating
    5 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 19/07/2018

"Ready-to-use CRM with sensible extensibility"

Comments: A cloud-based CRM to centrally store business contacts, collaterals, qualitative and quantitative data and share amongst different departments. Combing Report Builder, Excel Toolkit and API allows end-users to self-serve business intelligence.

Pros: Backstop hits the sweet spot between features and extensibility. Out of the box, the platform meets 70-80% of our business requirements. Our firm fortunately has the know-how to use API and Excel Toolkit (ETK) to cover the last mile. Most importantly, the product team listens to its customers and continually enhances the platform based on our input. You would unlikely get such feedback loops from the likes of Salesforce, Oracle or Microsoft.

Cons: Compared to a CRM startup that has unlimited flexibility to innovate, Backstop may seem more mature and risk-averse. The UI/UX seems a little dated, and mobile-responsiveness and mobile app have room for improvements. The labeling of different data entry screens should be more standardized as well.

  • Reviewer Source 
  • Reviewed on 19/07/2018
Verified Reviewer
Sr. Research Analyst
Investment Management, 2-10 Employees
Used the Software for: 6-12 months
  • Overall Rating
    3 /5
  • Ease of Use
    3 /5
  • Features & Functionality
    3 /5
  • Customer Support
    5 /5
  • Value for Money
    2 /5
  • Likelihood to Recommend
    5/10
  • Reviewer Source 
  • Reviewed on 09/05/2019

"Mostly for reporting, needs improvement on analysis"

Comments: Experience is overall positive, although the company does have serious issues that it needs to address to compete with other investment analysis softwares that exist. Interface / plugins need work.

Pros: Strong in terms of accounting and tracking capeabilities

Cons: Interface is dated and it is not very strong on the investment analysis side. Comparability / plugins in excel often cause issues

  • Reviewer Source 
  • Reviewed on 09/05/2019
Lubna R.
Client Engagement Associate
Financial Services, 51-200 Employees
Used the Software for: 2+ years
  • Overall Rating
    4 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    4 /5
  • Customer Support
    4 /5
  • Value for Money
    4 /5
  • Likelihood to Recommend
    7/10
  • Reviewer Source 
  • Reviewed on 24/09/2020

"Backstop - CRM Review"

Comments: I like Backstop and it's important for our team to function. I like the portal usage for our clients. We can maintain all our files/info on one system and publish it for client visibility.

Pros: User friendly. easy to customize reports and fields. I like the formula functions on the reports. Pages also a +.

Cons: The time it takes to run accounts reports and some limitations they have on not being able to customize their performance review sheet or their decks.

  • Reviewer Source 
  • Reviewed on 24/09/2020
Kevin N.
Investor Relations
Financial Services, 51-200 Employees
Used the Software for: 2+ years
  • Overall Rating
    4 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    4 /5
  • Customer Support
    5 /5
  • Value for Money
    Unrated
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 26/09/2018

"Backstop / InvestorBridge Review"

Comments: My experience has been great thus far, the folks at Backstop have made the implementation process a breeze, they are always available for questions and assistance which is an invaluable part of being a Backstop client.

Pros: Having a cloud based CRM with not only the functionality to store qualitative but also quantitative information is extremely helpful especially as a member of the investor relations team who is constantly servicing investors. Additionally, having the ability to have the CRM be the backdrop that feeds the investor portal is also great, having to only update one system saves time. The professional services team has been extremely helpful as we continue to implement new features.

Cons: Like any software there are limitations however Backstop does a great job at taking feedback and creating new features from that.

  • Reviewer Source 
  • Reviewed on 26/09/2018