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About Backstop
Backstop, a service of ION Analytics is a cloud-based, investment management software designed to help growth and enterprise businesses in the institutional investment industry. The platform provides various solutions to manage multi-asset class portfolios, research, investor relations, and customer relationships.
Features of Backstop include management of capital raising, partnership allocation, portfolio planning, private equity and more. Backstop's customer relationship management allows asset managers to track client and partner activities, research materials, create investment documents and communicate via emails. Additionally, it comes with a web-based reporting portal, which helps investors and partners access information on investments, accounts, fund research and more.
Enterprises can use Backstop's application programming interface (API) to integrate the system with several third-party applications including Preqin, Barclay Hedge, Morningstar, Crystal Reports, Oracle Business Intelligence Enterprise Edition and more. Pricing is available on request and support is extended via phone, email and other measures.
Backstop pricing
Backstop does not have a free version. Backstop paid version starts at USD 3,000.00/year.
Starting Price:
USD 3,000.00/year
Free Version:
No
Free trial:
No
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Backstop Reviews
Feature rating
5 reviews of 46
View all reviews
Andrew
- Industry: Financial Services
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
5
Reviewed on 09/07/2020
Backstop Review
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.
Ajay
- Industry: Investment Management
- Company size: 51–200 Employees
- Used Weekly for 2+ years
-
Review Source
4
Reviewed on 10/04/2023
Backstop Review of Investor Relations module
Overall, great saas software with flexibility for users and management
Pros
Very easy to use product and transition from legacy applications has been quite easy for all our Advisors and Admins. Their training program and help tools are excellent.Very customizable product
Cons
While APIs are for all out of box data integration, it can be better exposed with custom data fields specific to each client
Alternatives Considered
Salesforce Sales CloudReasons for Choosing Backstop
For better infrastructure, Easy of usage. Better functionality.Reasons for Switching to Backstop
For better cost, infrastructure, Easy of usage. Better functionalityResponse from Backstop Solutions Group
Thank you for your feedback, Ajay! We are happy to hear that Backstop' has been easy to use and that our training program and help tools are helpful features. We have flagged your comments APIs for our product team.
Replied 13/04/2023
Verified Reviewer
- Industry: Investment Management
- Company size: 2–10 Employees
- Used Daily for 6-12 months
-
Review Source
3
Reviewed on 09/05/2019
Mostly for reporting, needs improvement on analysis
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
Jeannine
- Industry: Financial Services
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
4
Reviewed on 08/03/2023
Backstop Review
Pros
Valuable calculations and contact management
Cons
Lack of flexibility in the UI. Limited integration between contact data and account data.
Reasons for Switching to Backstop
Initially we choose Backstop over other products because it also had an investor portal capability. In the end we did not implement the investor portal due to limitations on UI and data.Response from Backstop Solutions Group
Thank you for your feedback, Jeannine! We are happy to hear that Backstop is helpful when it comes to valuable calculations and contact management. We have flagged your comments about improving the flexibility in the UI to our product team.
Replied 13/03/2023
Brett
- Industry: Investment Management
- Company size: 11–50 Employees
- Used Daily for 1+ year
-
Review Source
4
Reviewed on 14/03/2023
Backstop - Functional, Collaborative, Efficient
We are solving an organizational need with the use of Backstop. Additionally, the platform offers analytical tools that would otherwise take a lot of hours to do manually. Lastly, the ability to log returns and other metrics we track is crucial to our process.
Pros
Backstop's document management is my favorite feature. Not only can you properly organize documents coming from various places, but you can make them easily accessible to your entire team with ease.
Cons
Backstop can be slow at times, lag and take some time to load.
Response from Backstop Solutions Group
Thank you for your feedback, Brett! We are happy to hear that Backstop's document management is your favorite feature. We have flagged your comments about loading time for our product team.
Replied 03/04/2023
