AlternativeSoft Pricing, Features, Reviews & Alternatives

AlternativeSoft

Investment management platform for fund managers

4.57/5 (14 reviews)

AlternativeSoft overview

What is AlternativeSoft?

AlternativeSoft is an investment management software designed to help allocators, consultants, fund managers, and third-party fund marketers manage fund selection, portfolio construction, and reporting. The platform enables administrators to track investments across private market funds, hedge funds, and mutual funds.

Managers can perform due diligence audits, create custom fact sheets, and analyze fund exposures on a unified interface. AlternativeSoft allows teams to manage data collected from various vendors including Eurekahedge, Bloomberg, Refinitiv, and Morningstar. Businesses can also conduct statistical analysis to evaluate sensitivity based on various economic indicators.

AlternativeSoft lets employees measure the liquidity of portfolios, create composite benchmarks, and perform stress testing. Allocators can also utilize the what-if scenarios to track the current volatility of the customers and calculate periodic returns.

Pricing

Starting from
$8000/year
Pricing options
Free trial
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United Kingdom

Supported languages

English
AlternativeSoft screenshot: AlternativeSoft private equity funds managementAlternativeSoft screenshot: AlternativeSoft portfolio constructionAlternativeSoft screenshot: AlternativeSoft fund selection
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AlternativeSoft user reviews

Excellent
8

Very good
6

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.2
  4.4
  4.4
  4.6
Chris A.

Hedge Fund Analytics Software

Used daily for 2+ years
Reviewed 2019-04-09
Review Source: Capterra

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.

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.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Joe C.

Alt Soft Review

Used daily for 2+ years
Reviewed 2019-04-02
Review Source: Capterra

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

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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eugenia m.

AS Review

Used daily for 2+ years
Reviewed 2018-08-03
Review Source: Capterra

portfolio monitoring, peer group and watch lists, monthly portfolio reporting to clients

Pros
ease of use, in-depth analyses available

Cons
Many analysis, charts, etc. not available/easily exportable in excel.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 6/10

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Daniel I.

Good tool

Used daily for 2+ years
Reviewed 2019-04-08
Review Source: Capterra

We use AlternativeSoft for analysing hedge funds and hedge fund portfolios and are quite happy with the flexibility and functionalities.

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

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Matthew B.

Extensive Feature Set and Strong Support

Used weekly for 2+ years
Reviewed 2019-04-02
Review Source: Capterra

We use AlternativeSoft to manage a complex hedge fund portfolio, as well as a centralized source of performance and market data.

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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AlternativeSoft pricing

Starting from
$8000/year
Pricing options
Free trial
Subscription
View Pricing Plans

1 User: From $8000 per year
5 Users: From $30000 per year

AlternativeSoft features

Accounting
Alerts/Notifications
Audit Trail
Compliance Management
Data Import/Export
Reporting/Analytics

API (409 other apps)
Accounting Integration (237 other apps)
Activity Dashboard (396 other apps)
Billing & Invoicing (367 other apps)
Customizable Reports (261 other apps)
Electronic Payments (242 other apps)
Expense Tracking (261 other apps)
Invoice Management (311 other apps)
Invoice Processing (239 other apps)
Multi-Currency (323 other apps)
Recurring/Subscription Billing (233 other apps)
Reporting & Statistics (430 other apps)
Third Party Integrations (351 other apps)
Workflow Management (275 other apps)

Additional information for AlternativeSoft

Key features of AlternativeSoft

  • A set of indicators that tracks how well an organization, a division, or a particular project are performing
  • A type of financial statement used to record and report an organization¿s revenues, costs, and expenses over a specific amount of time
  • Ability to handle large datasets
  • Alerts/notifications within the system
  • Built-in accounting or integration with a third party accounting system
  • Centralized database to track details of fixed assets such as depreciation and maintenance scheduling/history
  • Collect, upload, store, and share all documents in a centralized location making it easier for everyone involved to access information
  • Compare key metrics for the business against prominent players in the industry
  • Create risk-return profiles to compare initiatives so that all the projects align with strategic goals and deliver business value.
  • Graphing and outlining possibilities of different scenarios and performance, 'what if' anaysis, yield analysis, cash flow projections
  • Identify, evaluate, mitigate, and report on risk
  • Import and export information and reports to and from the program
  • Manage allocation and performance of assets kept in different funds (often put into separate bucket for a specific purpose)
  • Manage company interactions with current customers
  • Metrics to analyze potential issues that could negatively impact organization
  • Monitor and analyze database status and performance
  • Monitor capital allocation and asset prices over time
  • Outline potential variations of future development and identify risks and opportunities within each
  • probability based model showing dependencies between variables
  • Reallocation of assets to reflect changing investment goals or market conditions
  • Store and find contact information such as names, addresses, and social media accounts
  • Track and manage non-adherence to policies in a service, product, process, or supplier behavior
  • Track changes and view date/time records
  • Track collected or paid charges for services performed or access granted
  • Used by financial advisors and money managers
  • Used by retail investors and active traders/day traders
  • View and track pertinent metrics
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