--- description: Review of AlternativeSoft Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: AlternativeSoft | Reviews, Pricing & Demos - SoftwareAdvice AU --- Breadcrumb: [Home](/) > [Hedge Fund Software](/directory/4146/hedge-fund/software) > [AlternativeSoft](/software/193069/alternativesoft) # AlternativeSoft Canonical: https://www.softwareadvice.com.au/software/193069/alternativesoft Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.com.au/software/193069/alternativesoft?page=2) > AlternativeSoft is a financial risk management software designed to help allocators, consultants, fund managers, and third-party fund marketers create portfolios and manage asset selection processes. Administrators can import fund data from various sources including Morningstar, Albourne, and Preqin to convert assets into multiple currencies on a unified interface. The platform enables managers to compare funds using hedge fund index constituents, and conduct statistics weighted ranking analysis. AlternativeSoft provides built-in templates, which allow teams to produce fact sheets and generate portfolio reports. Additionally, businesses can set up compliance protocols, measure portfolio liquidity, track profit and loss metrics and manage accounting operations for private equity funds. AlternativeSoft offers a due diligence module, which lets allocators collect, analyze and store qualitative and quantitative data in a centralized dashboard. Pricing is available on request and support is extended via email and phone. > > Verdict: Rated **4.6/5** by 14 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.6/5** | 14 Reviews | | Ease of Use | 4.4/5 | Based on overall reviews | | Customer Support | 4.6/5 | Based on overall reviews | | Value for Money | 4.3/5 | Based on overall reviews | | Features | 4.4/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: AlternativeSoft - **Location**: London, UK - **Founded**: 2005 ## Commercial Context - **Starting Price**: USD 8,000.00 - **Pricing model**: Per User (Free Trial) - **Pricing Details**: 1 User: From $10'000 per year 5 Users: From $40'000 per year - **Target Audience**: 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based, Windows (Desktop), Windows (On-Premise) - **Supported Languages**: English - **Available Countries**: Australia, Canada, Hong Kong SAR China, Japan, Luxembourg, Singapore, Switzerland, United Arab Emirates, United Kingdom, United States ## Features - Alerts/Notifications - Benchmarking - Dashboard - Data Import/Export - Data Management - Document Management - Fee Management - For Hedge Funds - For Investment Advisors - For Investors & Traders - Fund Management - Investment Management - Investor Reporting - Liquidity Analysis - Market Risk Management - Modeling & Simulation - Monitoring - Performance Analysis - Performance Metrics - Portfolio Accounting ## Support Options - Email/Help Desk - Phone Support ## Category - [Hedge Fund Software](https://www.softwareadvice.com.au/directory/4146/hedge-fund/software) ## Related Categories - [Hedge Fund Software](https://www.softwareadvice.com.au/directory/4146/hedge-fund/software) - [Financial Risk Management Software](https://www.softwareadvice.com.au/directory/4165/financial-risk-management/software) - [Investment Management Software](https://www.softwareadvice.com.au/directory/4566/investment-management/software) - [Risk Management Software](https://www.softwareadvice.com.au/directory/4423/risk-management/software) ## Alternatives 1. [PackHedge](https://www.softwareadvice.com.au/software/473991/PackHedge) — 4.9/5 (11 reviews) 2. [Backstop](https://www.softwareadvice.com.au/software/127096/backstop) — 4.3/5 (46 reviews) 3. [Unity](https://www.softwareadvice.com.au/software/395666/unity) — 5.0/5 (3 reviews) 4. [AMDIS](https://www.softwareadvice.com.au/software/262009/am-dis) (0 reviews) 5. [Risk Shell](https://www.softwareadvice.com.au/software/363969/risk-shell) (0 reviews) ## Reviews ### "Hedge Fund Analytics Software" — 5.0/5 > **Chris** | *9 April 2019* | Investment Management | Recommendation rating: 9.0/10 > > **Pros**: Breadth, ease of use (for those familiar with investment stats), customer service/technical help, and customization. > > **Cons**: Export times take a little bit long on some reports, but it's seconds, not minutes, and it can run in the background while I do something else. Also, would like them to introduce an "undo" feature during performance entry. > > While we only use a small portion of the tools AltSoft has (Database, Portfolio Management, Peer Groups), each have been helpful to our reporting processes and portfolio modeling. ----- ### "Alt Soft Review" — 5.0/5 > **Joe** | *2 April 2019* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: Very intuitive, thoughtful UI, powerful backend, great datafeed plug ins, constant evolution > > **Cons**: Too difficult to filter funds you do not want when importing from ODU, leading to reimport of previously deleted assets. I understand the impetus for charging for the cloud option, but with a larger provider it would likely be provided at no additional cost. Morningstar Direct made this available at no extra cost and, given the comparability in cost between the two softwares, it is difficult to justify spending more on a cloud option. > > It has helped tremendously with automating or semi-automating a number of reports. The excel plug in was a fantastic idea and more importantly, works very well. As a comparison tool for screening funds, it's second to none ----- ### "Fund Manager Analytics Software" — 4.0/5 > **Verified Reviewer** | *11 February 2020* | Investment Management | Recommendation rating: 6.0/10 > > **Pros**: I enjoy how easy the software is to use. I can easily pull up fund level return data and find key data points, such as correlations and volatility. Also, I can compare easily against key benchmarks and peer groups. > > **Cons**: Sometimes, when using the software it can get a bit laggy when typing in fund information, causing a delay. > > Overall, I have had a great experience with AlternativeSoft. It has made my job much easier because return data is automatically pulled from our prime broker and I can run reports that give me key insights into our fund performance. ----- ### "Good tool" — 4.0/5 > **Daniel** | *8 April 2019* | Investment Management | Recommendation rating: 7.0/10 > > **Pros**: Easy to use and easy to customise Good functions for analysing hedge funds as well as automize reports Good Excel add-in > > **Cons**: In our version 5.0.3.41311: Portfolio Management Tool could have more analytics like contributions of assets and strategies In Database, there should be a good possibility to save user entered fund specific data like in the old "Holdings" tab. In the Asset Analysis Form it should be easier to compare two Funds agains each user with regards to performance, risk, etc. > > We use AlternativeSoft for analysing hedge funds and hedge fund portfolios and are quite happy with the flexibility and functionalities. ----- ### "Extensive Feature Set and Strong Support" — 4.0/5 > **Matthew** | *2 April 2019* | Financial Services | Recommendation rating: 9.0/10 > > **Pros**: Great feature set, very responsive support team, and excellent APIs enable us to build highly customized solutions. > > **Cons**: We've experienced a bit more instability and issues with new version releases. Hope that the quality control of updates will be improved in the future. > > We use AlternativeSoft to manage a complex hedge fund portfolio, as well as a centralized source of performance and market data. ----- Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.com.au/software/193069/alternativesoft?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/193069/alternativesoft) ## This page is available in the following languages | Locale | URL | | de | | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data