AlternativeSoft

AlternativeSoft

4.8 out of 5 stars
Basil

Basil

Basil Finance
AlternativeSoft Basil

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AlternativeSoft:

About

AlternativeSoft is used by institutional investors investing in Mutual Funds, Hedge Funds & Private Market Funds. AlternativeSoft is the preferred choice for many of the globe's leading institutional investors investing in mutual funds, hedge funds and private equity funds. Best Risk Management Software Awards (Hedgeweek 2017, 2019, 2020, 2021, 2022, 2023). Since its establishment in 2005, AlternativeSoft has streamlined the process of fund selection, portfolio management, reporting for funds, due diligence on hedge funds, powerBI reporting, on premise or cloud availability, financial trainings, for institutional investors. We offer a large solution for anything related to funds.
Basil:

About

Basil is an intuitive and feature-rich portfolio tracker and investment research app designed to serve both novice investors and seasoned finance professionals. At its core, Basil is equipped with robust tools to monitor and manage investment portfolios, offering a seamless and dynamic user experience that demystifies the complexities of financial markets. Portfolio Tracking: Basil provides real-time data and analytics on users' investment portfolios. It offers a comprehensive dashboard that displays asset allocation, investment performance, and historical growth. Users can track stocks, bonds, mutual funds, ETFs, and other securities, all updated continuously with market data. Customizable alerts keep users informed of significant changes and opportunities in their portfolio. Investment Research: In addition to tracking features, Basil serves as a powerful research tool. It aggregates financial news, market data, and in-depth analysis, giving users access advanced statistics.
AlternativeSoft:

Platforms Supported

Windows Supported
Mac Supported
Linux Not Supported
Cloud Supported
On-Premises Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Basil:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
AlternativeSoft:

Audience

Institutional investors investing in Mutual Funds, Hedge Funds & Private Market Funds
Basil:

Audience

Investors
AlternativeSoft:

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported
Basil:

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported
AlternativeSoft:

API

Offers API Supported
Basil:

API

Offers API Not Supported
AlternativeSoft:

Screenshots and Videos

Basil:

Screenshots and Videos

No images available
AlternativeSoft:

Pricing

Module based:

Modules include:
Data Universe
Fund Selection
Portfolio Construction
Private Markets
Hedge Funds Due Diligence
Reporting PowerBI
Free Version Not Supported
Free Trial Supported
Basil:

Pricing

$5.99/month/user
Free Version Supported
Free Trial Supported
AlternativeSoft:

Reviews/Ratings

Overall 4.8 / 5
ease 4.6 / 5
features 4.8 / 5
design 3.8 / 5
support 4.6 / 5
Basil:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
AlternativeSoft:

Pros & Cons from Real Users

Pros

  • The product has plenty of external databases you can link it to and update periodically which gives you access to a wide variety of funds and information. Also a great tool for keeping up with current and prospective funds, and great for using to pulls stats and metrics into excel.
  • Locally installed application makes it very responsive. The software is intuitive and easy to learn and use. Provides an Excel plugin and an API to retrieve data. Provides several ways to import and manage data from internal and external sources. Highly reliable and accurate.
  • Enhanced Functionality: The alternative tool offers a wider range of features that cater to diverse user needs, providing a more comprehensive solution compared to other tools. This includes advanced analytics, customization options, and integration with other essential software.
  • AlternativeSoft is an outstanding investment management software that has significantly streamlined our portfolio management processes. Its intuitive interface and robust analytics tools have enabled us to make more informed investment decisions. The software's customizable reporting features are exceptional, providing us with detailed insights tailored to our specific needs. Additionally, the customer support team is highly responsive and knowledgeable, ensuring that any issues are promptly addressed. Overall, AlternativeSoft has proven to be a reliable and powerful tool, greatly enhancing our efficiency and effectiveness in managing investments. We highly recommend it to any financial institution looking to optimize their investment strategies.
  • Ability to be granular and customize assumptions. Ability to go fund by fund and adjust projected returns and have it recalibrate.

Cons

  • Can get a bit disorganized if you do not stay on top of updating funds, end up with a bunch of dead / old assets in the system.
  • The design and color scheme can use a refresh.
  • Integration Challenges: The alternative tool may pose integration challenges with existing systems and workflows. This could require additional time and resources to ensure compatibility and seamless operation, potentially causing temporary disruptions during the transition period.
  • While AlternativeSoft offers robust features and excellent analytics, the initial setup process can be complex and time-consuming. Additionally, some advanced functionalities could benefit from more detailed documentation. Enhancing the user interface for greater intuitiveness would also improve the overall user experience. Despite these areas for improvement, it's still a valuable tool.
  • No connectivity with data platforms (ex Addepar) making a manual upload process which can be finicky.
AlternativeSoft:

Training

Documentation Supported
Webinars Supported
Live Online Not Supported
In Person Supported
Basil:

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
AlternativeSoft:

Company Information

AlternativeSoft
Founded: 2005
Switzerland, UK, USA
www.alternativesoft.com/index.html
Basil:

Company Information

Basil Finance
Founded: 2022
United States
basil.fi
AlternativeSoft:

Alternatives

Basil:

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Basil:
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AlternativeSoft:

Categories

Basil:

Categories

AlternativeSoft:

Investment Management Features

Accounting Management Not Supported
Benchmarking Supported
Bonds / Stocks Not Supported
Client Management Supported
Commodities Supported
Compliance Reporting Supported
Data Import / Export Supported
For Investment Advisors Supported
For Investors & Traders Supported
Fund Management Supported
Modeling & Simulation Supported
Payroll & Commissions Not Supported
Performance Metrics Supported
Portfolio Management Supported
Risk Management Supported

Financial Risk Management Features

Compliance Management Supported
Credit Risk Management Not Supported
For Hedge Funds Supported
Liquidity Analysis Supported
Loan Portfolio Management Not Supported
Market Risk Management Supported
Operational Risk Management Supported
Portfolio Management Supported
Portfolio Modeling Supported
Risk Analytics Benchmarks Supported
Stress Tests Supported
Value At Risk Calculation Supported

Hedge Fund Features

Compliance Management Supported
Contact Management Not Supported
Investor Accounting Supported
Investor Reporting Supported
P&L Calculation Supported
Partnership Accounting Not Supported
Performance Analysis Supported
Portfolio Analysis Supported
Portfolio Management Supported
AlternativeSoft:

Integrations

Backstop Supported
Bloomberg Supported
Microsoft Excel Supported
Microsoft Power BI Supported
Morningstar Supported
PitchBook Supported
Preqin Supported
Basil:

Integrations

Backstop Not Supported
Bloomberg Not Supported
Microsoft Excel Not Supported
Microsoft Power BI Not Supported
Morningstar Not Supported
PitchBook Not Supported
Preqin Not Supported
AlternativeSoft:
Claim AlternativeSoft and update features and information
Claim AlternativeSoft and update features and information
Basil:
Claim Basil and update features and information
Claim Basil and update features and information