CHICAGO, Dec. 8, 2016 /PRNewswire/ -- Backstop Solutions Group, a leading productivity suite provider to the alternative investment community, has been named Europe's best CRM system by HFMTechnology, in their 2016 European Technology Awards. The award win follows Backstop's launch of its updated product suite in November.
"Backstop is honored to receive this award that recognizes us for our excellence in bringing greater agility and operational excellence to the alternative investment industry. Backstop was originally founded in 2003 to meet the needs of hedge funds, and since then, we have expanded to service verticals across the alternative investment space including funds of funds, family offices, endowments and foundations, institutions and pensions and private equity and venture capital firms," said Clint Coghill, Backstop's CEO and founder. "To be awarded this honor gets to the core of what we do: provide comprehensive productivity solutions to enable alternative asset management professionals to achieve operational excellence, thereby increasing agility and spending less time on non-revenue generating activities."
The awards recognize the achievements of technology firms that have shown "exemplary service and innovation with hedge fund management clients" and are judged by a panel of esteemed experts, chosen for their pedigree and expertise in the field. Backstop demonstrated success in a variety of areas upon which the entrants were judged, including customer acquisition and satisfaction, revenue growth, brand development, new product development, and new thinking and innovation.
Backstop has demonstrated recent success in these categories in several ways:
- Expanding into APAC with a new Hong Kong office with Steve Au, an industry veteran, at the helm as Director of Institutional Sales – APAC
- Launching an updated suite of Backstop products with a streamlined pricing structure
- Achieving recognition as a top 100 digital company in Chicago
"Now more than ever, it is important for alternative investment professionals to optimize their operations," said Adam Hoit, Vice President of Product Management at Backstop. "Across our suite, we strive to provide solutions that allow professionals to focus on their primary mission by enabling them to be more efficient and productive with their time. True agility springs from efficient and streamlined operations, which make revenue-generating efforts more impactful."
Backstop looks forward to continuing their tradition of innovation and forward thinking as they enter 2017.
About Backstop Solutions Group
Backstop Solutions Group is a leading provider of cloud-based productivity solutions for hedge funds, funds of funds, pensions, endowments, private equity firms, consultants and family offices. Founded in 2003, Backstop created the industry's first web-based software that empowers firms in the alternative investment management industry to adapt to change and overcome complex issues. With offices across the United States and in Europe and Asia, Backstop now serves over 700 firms worldwide, making it one of the fastest growing software providers in the financial services industry. For more information, visit www.backstopsolutions.com. Connect with us on LinkedIn.
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SOURCE Backstop Solutions Group