TrustRadius

Backstop vs. Envestnet Tamarac

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Backstop
Score 10.0 out of 10
N/A
Backstop Solutions Group in Chicago provides cloud-based technology supporting hedge funds. These applications include tools for investment research and analytics, accounting, a financial services specific CRM, and investor relations and document sharing tools, as well as investment portfolio management and due diligence tracking.N/A
Envestnet Tamarac
Score 4.8 out of 10
N/A
Envestnet Tamarac (part of Envestnet since 2012) is a financial services CRM featuring a client engagement tools such as a client portal, interactive reporting, customizable PDF reports, document vault, budgeting tools, mobile app, as integrated financial planning.N/A
Pricing
BackstopEnvestnet Tamarac
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
BackstopEnvestnet Tamarac
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
BackstopEnvestnet Tamarac
User Ratings
BackstopEnvestnet Tamarac
Likelihood to Recommend
10.0
(0 ratings)
-
(0 ratings)
Support Rating
10.0
(0 ratings)
-
(0 ratings)
User Testimonials
BackstopEnvestnet Tamarac
Likelihood to Recommend
Backstop makes planning and selecting the portfolio efficiently. There is a candid assistance in matters of resource utilization. Moreso, Backstop has a cost accounting notion, which makes the company control the expenses they make. Finally, Backstop has classical research procedures where analysis and decisions arrive after extensive assistance and evaluations.
wilson bruno | TrustRadius Reviewer
wilson bruno
Logistics Supervisor
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Pros
  • Storage of notes from calls and meetings.
  • Tracking portfolio holding balances, transactions, and IRRs/MOICs.
  • Allowing flexibility for client-defined uses.
Sean Carr, CFA | TrustRadius Reviewer
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Cons
  • Poor communication procedures
  • Lack of specific OS support
  • No mobile version for Backstop
wilson bruno | TrustRadius Reviewer
wilson bruno
Logistics Supervisor
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No answers on this topic
Support Rating
Backstop support is fantastic. They always pick up the phone without a wait and are highly knowledgeable, I rarely need more than 5 minutes to fix an issue.
Sean Carr, CFA | TrustRadius Reviewer
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Alternatives Considered
I have not used or evaluated any Backstop competitors. Freestone already used Backstop when I started.
Sean Carr, CFA | TrustRadius Reviewer
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Return on Investment
  • Business ends up profiting
  • The chances of investing in the wrong projects don't exist
  • The analytical assistance from Backstop increases more investment plans
wilson bruno | TrustRadius Reviewer
wilson bruno
Logistics Supervisor
Read full review
No answers on this topic
ScreenShots