Backstop Solutions Group only recently expanded its cloud-based portfolio monitoring software into private equity, but according to Adam Pinkert, that’s the optimal application for the product. “A hedge fund, they buy or short a stock, then they just monitor it,” ...
A lot of investors are looking for raw data on their account and investment to take into their own system and analyze appropriately. Yesterday’s portals don’t do that, where today’s portals do. Old systems weren’t built with APIs so they can’t integrate with outside systems; today’s systems should all be able to speak to each other.