CHICAGO, Jan. 20, 2017 /PRNewswire/ -- Backstop Solutions Group, a leading productivity suite provider to the institutional investment community, has been shortlisted for two top industry awards, the HFM US Technology Awards and the Private Asset Management Awards. Backstop has been named a finalist in 12 categories that recognize Backstop for its excellence across its offerings and solutions.
Backstop's complete list of category nominations is below.
HFM US Technology Awards:
- Best compliance product
- Best fund accounting software
- Best risk management software
- Best CRM system
- Best outsourced solution
- Best security solution
- Best technology solution for hedge fund investors
- Best overall technology firm – client service
- Best overall technology firm
Private Asset Management Awards:
- Best cyber security solution
- Best family office service provider
- Best outsourced CIO solution
"It's no doubt that there are other solutions on the market that support the alternative investment community's need for pipeline and partner tracking. The problem with many of these solutions, however, is that they are standalone CRM systems that are not tailored to the unique needs of all players, including sales managers, investors and investor relations professionals," said Clint Coghill, CEO of Backstop. "Backstop is thrilled to be recognized on the short lists of these two prestigious industry awards for our excellence in providing a comprehensive solution that touches every facet of the alternative investment lifecycle of capital. It's a testament to the great need for this kind of multi-functional solution in our industry."
The HFM US Technology Awards uses a rigorous judging process by a panel of industry experts to recognize IT and software firms that provide exceptional customer service and innovative product development for the hedge fund industry.
The Private Asset Management Awards honor key service providers within the private asset management industry, including law firms, consultants and wealth advisors.
These shortlists recognize a year of strong growth for Backstop. In 2016, Backstop launched its rebranded suite of products that includes a streamlined, attractive pricing structure. The suite includes:
- Backstop (the core offering) - Backstop CRM, Backstop IR, Backstop Portfolio and Backstop Research
- Backstop Portal - enables clients to easily report to investors and prospects through a secure branded portal, going beyond a simple document repository
- Backstop Accounting– users can manage all manner of pooled investments
"Backstop remains committed to providing the institutional asset management community with technology and solutions that help them achieve operational excellence across business functions," said Jeffrey Axelrod, Chief Technology Officer at Backstop. "The Backstop Suite, which includes solutions for CRM, investor relations, portfolio reporting and accounting, is a flexible, comprehensive technology solution can adapt to the growing and changing needs of our more than 700 clients worldwide. We look forward to continuing our tradition of excellence in fintech in the alternative investment industry in 2017."
Headquartered in Chicago, Backstop has grown to over 170 employees globally located in Chicago, New York, London, San Francisco, and Hong Kong.
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.
(917) 765 8720
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SOURCE Backstop Solutions Group