---
description: Compare Backstop vs Octopus regarding their features, reviews, pricing, specifications, screenshots & more.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: Backstop vs Octopus Comparison
---

Breadcrumb: [Home](/) > [Hedge Fund Software](/directory/4146/hedge-fund/software) > [Backstop \<span\>vs\</span\> Octopus](https://www.softwareadvice.co.uk/compare/127096/350809/backstop/vs/octopus)

# Compare Backstop vs Octopus

Canonical: https://www.softwareadvice.co.uk/compare/127096/350809/backstop/vs/octopus

> Detailed comparison between Backstop and Octopus. Check ratings, reviews, pricing, and features to make the best decision for your business.

-----

## At a Glance

| Metric | Backstop | Octopus |
| **Overall rating** | 4.3/5 | 4.0/5 |
| **Total Reviews** | 46 | 1 |
| **Starting Price** | US$3,000.00 | US$2,900.00 |
| **Free Trial** | - | Yes |
| **Free Version** | No | No |
| **Deployment** | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile) | Cloud, SaaS, Web-based |
| **Support** | Email/Help Desk, Knowledge Base, Phone Support, 24/7 (Live rep) | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat |
| **Training** | In Person, Live Online, Webinars, Documentation, Videos | Live Online, Webinars, Documentation, Videos |

## Key features

### Backstop

- API
- Activity Tracking
- Audit Trail
- Document Management
- For Hedge Funds
- For Investment Advisors
- Fund Management
- Investments Tracking
- Investor Management
- Monitoring
- Multi-Currency
- Performance Analysis
- Performance Metrics
- Portfolio Analysis
- Portfolio Rebalancing
- Real-Time Data
- Real-Time Reporting
- Reporting/Analytics
- Visual Analytics
- Workflow Management

### Octopus

- API
- Activity Tracking
- Audit Trail
- Document Management
- For Hedge Funds
- For Investment Advisors
- Fund Management
- Investments Tracking
- Investor Management
- Monitoring
- Multi-Currency
- Performance Analysis
- Performance Metrics
- Portfolio Analysis
- Portfolio Rebalancing
- Real-Time Data
- Real-Time Reporting
- Reporting/Analytics
- Visual Analytics
- Workflow Management

## Links

- [View Backstop Profile](https://www.softwareadvice.co.uk/software/127096/backstop)
- [View Octopus Profile](https://www.softwareadvice.co.uk/software/350809/octopus)
- [View Original Comparison](https://www.softwareadvice.co.uk/compare/127096/350809/backstop/vs/octopus)

-----

## Structured Data

<script type="application/ld+json">
  {"@context":"https://schema.org","@graph":[{"name":"Backstop vs Octopus Comparison","description":"Compare Backstop vs Octopus regarding their features, reviews, pricing, specifications, screenshots & more.","url":"https://www.softwareadvice.co.uk/compare/127096/350809/backstop/vs/octopus","about":[{"@id":"https://www.softwareadvice.co.uk/software/127096/backstop#software"},{"@id":"https://www.softwareadvice.co.uk/software/350809/octopus#software"}],"breadcrumb":{"@id":"https://www.softwareadvice.co.uk/compare/127096/350809/backstop/vs/octopus#breadcrumblist"},"@id":"https://www.softwareadvice.co.uk/compare/127096/350809/backstop/vs/octopus#webpage","@type":["WebPage","CollectionPage"],"isPartOf":{"@id":"https://www.softwareadvice.co.uk/#website"},"inLanguage":"en-GB","publisher":{"@id":"https://www.softwareadvice.co.uk/#organization"}},{"name":"Backstop","description":"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. \n\nFeatures 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.\n\nEnterprises 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.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/e55d348d-61db-48eb-ae23-77797a46f951.jpeg","url":"https://www.softwareadvice.co.uk/software/127096/backstop","@id":"https://www.softwareadvice.co.uk/software/127096/backstop#software","@type":"SoftwareApplication","publisher":{"@id":"https://www.softwareadvice.co.uk/#organization"},"applicationCategory":"BusinessApplication","aggregateRating":{"@type":"AggregateRating","ratingValue":4.3,"bestRating":5,"ratingCount":46},"offers":{"price":"3000","@type":"Offer","priceCurrency":"USD"},"operatingSystem":"Cloud, Android, Platform ios, Platform ipad"},{"name":"Octopus","description":"Octopus has won the Editor‘s Pick at Fundmanagertools by Opalesque:\nhttps://www.fundmanager.tools/portfoliomanagementsoftware\nSupports Crypto Portfolio/Funds!\nCrypto version video: http://www.octo21.com/crypto\n\nThe Portfolio management includes:\n\n1.\tComplex portfolio structures with individual access rights\n2.\tFull instrument type coverage with compliance enhancements\n3.\tDetailed, extensible, self-updating instrument database\n4.\tPricing database with multiple data sources and fields for additional calculations\n5.\tComplete historical position and transaction database\n6.\tPortfolio can be viewed and calculated retrospectively for any given historical day\n7.\tExtensible performance and valuation fields for each position\n8.\tCross-portfolio positions and transactions search, filtering and export functions\n9.\tDatabase API for direct Excel connection\n10.\tExtensive setup database\no\tBroker/counterparties/issuers\no\tCommissions schedule\no\tCountries/currencies\no\tInstrument types (hierarchical structure)\no\tMarkets\no\tRating map\no\tTransaction types (hierarchical structure)\n\n\nThe Order management includes:\n\n1.\tSophisticated trade blotter tool for fast and easy execution for large amounts of trades\n2.\tExcel import for individual Excel sheets and adjustable copy &amp; paste functionality\n3.\tExtensive, easy to adjust interfaces for brokers, custodians, and other counterparties\n4.\tInterfaces for all major price feed providers\n5.\tEntire universe coverage for instruments accompanied by pre-trade compliance\n6.\tOrder book with search, filter and export functionality for new, pending and executed trades\n7.\tIndividual portfolio views with direct trade blotter generation\n8.\tPortfolio simulation tool with rebalancing and direct trade blotter generation\n9.\tFee management tool to automate or simplify post-processing of transactions\n\n\nReconciliation &amp; Interfaces functions:\n\n1.\tSophisticated interface setup tool to cover any type of file-based data import\n2.\tFTP, Email and API data transfer with encryption support\n3.\tSetup of unlimited reconciliation tasks between your data and any third-party partners\n4.\tAutomated reconciliation groups, flexible scheduler\n5.\tInstrument name mapping database\n\n\nThe Fund management &amp; valuation includes\n\n1.\tAccounting/shadow accounting for complex fund structures e.g. master-feeder and hedging option\n2.\tEx-post compliance checks with a flexible and sophisticated rule catalogue with per fund setup \n3.\tSetup of multiple currency share class structures and shares with the capability of currency hedging\n4.\tComplex fee setup for automated fee calculation on fund or share class level\n5.\tConfigurable performance fee calculation with high watermark and hurdle rate support\n6.\tComplete exportable NAV, compliance and subscription/redemption history\n7.\tExtensible calculations for performance, VaR and other key figures\n8.\tAutomated data sources for portfolio value, subscription/redemptions, liabilities, hedges\n\n\nReporting\n\n1.\tSophisticated reporting engine based on the open source software Jasper Reports\n2.\tEasy to adjust reporting templates for KIID, Factsheet, NAV, Portfolio and annual reports\n3.\tExtensive and highly customizable reports adjustable to any corporate identity\n4.\tReport generation and email distribution with batch processing and scheduler control","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/a92436e5-f1a8-4218-aa95-9816a3d2a133.jpeg","url":"https://www.softwareadvice.co.uk/software/350809/octopus","@id":"https://www.softwareadvice.co.uk/software/350809/octopus#software","@type":"SoftwareApplication","publisher":{"@id":"https://www.softwareadvice.co.uk/#organization"},"applicationCategory":"BusinessApplication","aggregateRating":{"@type":"AggregateRating","ratingValue":4.0,"bestRating":5,"ratingCount":1},"offers":{"price":"2900","@type":"Offer","priceCurrency":"USD"},"operatingSystem":"Cloud"},{"@id":"https://www.softwareadvice.co.uk/compare/127096/350809/backstop/vs/octopus#breadcrumblist","@type":"BreadcrumbList","itemListElement":[{"name":"Home","position":1,"item":"/","@type":"ListItem"},{"name":"Hedge Fund Software","position":2,"item":"/directory/4146/hedge-fund/software","@type":"ListItem"},{"name":"Backstop vs Octopus","position":3,"item":"https://www.softwareadvice.co.uk/compare/127096/350809/backstop/vs/octopus","@type":"ListItem"}]}]}
</script>
