Backstop Solutions Group and The Barclay Group today announced the launch of a new service which will make Barclay's Hedge Fund and Managed Futures Database available through the award-winning Backstop software service.
The integration will give Barclay and Backstop subscribers access to information on more than 6,000 hedge funds. Return streams, contact information, and other qualitative data can be automatically imported and updated from the Barclay Database into Backstop's fund of funds portfolio management, due diligence, and research module.
"Timely data from Barclay can help users to make the most of Backstop's powerful fund of funds management and research tools," said Jeremie Bacon, CEO of Backstop Solutions Group. "This partnership is yet another example of our commitment to provide alternative investment managers with the industry's most versatile software."
Sol Waksman, President of The Barclay Group, added, "We are very pleased to be able to offer Backstop subscribers access to our data. They can feel confident they have the most comprehensive, accurate, and up-to-date database available for investment research and portfolio construction."
About Backstop Solutions Group
Backstop Solutions Group, LLC (BSG) is an award-winning provider of innovative software to alternative asset managers, including funds of funds, hedge funds, family offices and endowments of all sizes. Founded in 2003 with backing from investment managers, BSG has quickly grown to service a clientele with more than $80 billion in assets under management. Additional information is available at http://www.backstopsolutions.com.
About The Barclay Group
The Barclay Group, founded in 1985, currently tracks more than 6,000 hedge funds and managed futures programs. Barclay has created and regularly updates 18 proprietary hedge fund indexes and eight managed futures indexes. Institutional investors, brokerage firms and private banks worldwide utilize Barclay's indexes as performance benchmarks for the hedge fund and managed futures industries.