Canopy
Headquartered in Singapore, Canopy is a cloud-based wealth data aggregate and analytics platform. Canopy provides an automated solution that ingests, aggregates, and analyses data from complex wealth portfolios. Covering all kinds of asset classes, markets and currencies, Canopy allows family offices to submit their data, with the platform doing the rest.
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Contact Canopy directly, or opt for discretion with our private exploration option and take advantage of a free 20-minute consultation with the Simple team to thoroughly explore your service requirements.
What sets Canopy apart?
“We are the leading solution in the Asian market, providing the most versatile Financial Data Aggregation & Analytics platform. We ingest wealth data from any custodian, in any format, and transform it into hyper-personalized analytics.”
Mu Chen
Product
Get an overview of what this software does.
Main tasks
- Consolidated reporting
- Portfolio management
- Data aggregation
- Risk management
- Impact/ESG reporting
- Backoffice
- Accounting
Top features
- Asset/account consolidation
- Investment/portfolio data aggregation
- Multi-bank, multi-asset class, multi-currency reporting
- Data Visualization
- Data Analytics / Insights
- BPO
- Fully customized reporting on bankable and non-bankable assets, Real Estate, Art and more
- Insight messages via email / whatsapp to stimulate client action
- General ledger
- Data sovereignty where each
client gets their own database for 24/7 write/access
Assets supported
- Bankable assets (Equities, Fixed income, Funds, and Derivatives)
- Private equity
- Real estate
- Rare collectibles
Compliance
- MiFID II
- GDPR
- FinSA/FinIA
Whitelabel
- Yes
Type Of Software
- Serviced software
- SaaS
- Fully standalone
Security
- Anonymity of personally identifiable information
- International security standards
- Data and database encryption
- Ethical hackers
- Firewall systems
- 2fa authentication
- Four-eyes updates and improvements
- Restricted access
- Staff training
- ISO 27001 certified
Integrations
- Plugs into any system via APIs
- Xero
- Sage
- Quickbooks
- PowerBI
- Converts non-standardized data into the desired data format i.e. ViewPoint, Abacus, NavOne account software etc.
Mobile App
- Yes
Type of data
- Transaction level
Accuracy
- Price check with Bloomberg and FactSetc
- Ensure positions quantity match deposit/loan reinvestments
Custodians
- 400+
Time to new custodian
- 30 mins – 3 weeks
Multi-currency
- Can set multiple base currencies.
- Can separate holding level gain/loss from currency gain/loss.
Cost structure
- Flat fee
- Data based
Average cost p.a.
- Single Family Office: $20,000–40,000
- Average RIA: $35,000–70,000
Key Company Info
Have a look at the company, clients and references to learn whether this is a match for you.
Employees
- 50-100
Revenue
- $2.5 million +
Founded
- 2014
Ownership
- External investors (neither clients nor staff)
- Clients are also owners
- Key staff also have ownership
- Owned by management
Incorporated
- Singapore
Locations
- Singapore
Top markets
- Singapore
- Hong Kong
- United Arab Emirates
Total AUM
- $174 billion+
Avg. AUM per client
- $30 million+ (per HNWI)
Focus
- Single-family offices
Serves also
- Individual wealth owners
- Multi-family offices
- Financial advisors
- Banks
- Fund managers
Number
- +2,400 UBOs (of which +20 billionaires) and approx. +350 wealth managers (i.e. SFOs, MFOs, RIAs, EAMs, WMs, PBs, trustees & etc.)
Credit Suisse, UBS, Bank of Singapore
Request ReferencesSupport & Services
Learn what support and services you can expect
Support options
In person on site support
Dedicated contact
General contact mail or phone
Pricing of support
Free support
Onboarding
Dependent on client and scope of project.
Customisation
Analytics
Reporting (via Tableau BI SW, or PowerBI integration)
Individual SQL database can be customised.
Fully customised reporting on PE, Real Estate, Digital Currencies (i.e. Bitcoin), Art Collection, Wine Collection and more.
Added services
Providing Data Backoffice (i.e reconciliation, corporate action fixing)
Create General Ledger
Latest News from Canopy
Stay up to date with the latest news and developments
There are no news items related to Canopy at this moment. Check out the Canopy website for the latest updates and resources.
Wondering how Canopy compares to other companies?
- Canopy vs Elysys
- Canopy vs Swimbird
- Canopy vs Copia Wealth Studios
- Canopy vs Northern Trust Family Office Technology
- Canopy vs Abbove
- Canopy vs Orca
- Canopy vs Etops
- Canopy vs FundCount
- Canopy vs Assure Wealth
- Canopy vs SS&C Family Office Services
- Canopy vs Nasdaq for Family Offices
- Canopy vs Bill
- Canopy vs Global Asset+ by Lombard Odier
- Canopy vs AgilLink
- Canopy vs Ethic
- Canopy vs Arch
- Canopy vs Centtrip
- Canopy vs Sharpfin
- Canopy vs Landytech
- Canopy vs Aleta
- Canopy vs Venn by Two Sigma
- Canopy vs Asora
- Canopy vs KeeSystem
- Canopy vs Fincite
- Canopy vs SoftLedger
- Canopy vs Performativ
- Canopy vs Sensiba
- Canopy vs TIFIN Give
- Canopy vs eXeer by Point Group
- Canopy vs SEI’s Archway Platform
- Canopy vs WIZE
- Canopy vs Ruby
- Canopy vs Addepar
We also reviewed some other Consolidated Reporting Providers
Asset Vantage 
United States of America
Consolidated Reporting
Performance Reporting & General Ledger on demand.
Addepar
United States of America
Consolidated Reporting
Addepar is a leading wealth management technology platform for connecting data, technology and people to manage wealth and achieve multigenerational family objectives
Stacc Escali
Norway Consolidated ReportingEscali is a provider of software solutions to family offices, asset managers, pension funds and insurance companies.
Quantfolio
Norway Consolidated ReportingQuantfolio Asset Management is a technology driven challenger to the traditional asset management industry.
FAQs
FAQs about Canopy
What is Canopy?
Canopy is a cloud based Wealth Data Aggregation and Analytics platform. Canopy’s clients are Family Offices, Wealth Managers, Private Banks, Trustees and Self Directed Traders.
What does Canopy do?
Canopy offers a completely customisable portfolio and wealth account aggregation, portfolio analytics, and client reporting software solution across multiple asset classes, markets, and currencies. Canopy can ingest data in any format—whether it's APIs, data feeds, PDFs, or more—allowing it to connect seamlessly with any bank, custodian, or fund administrator worldwide. Canopy is integrated with over 100 custodian’s data globally.
How does Canopy work?
Canopy solves the challenges in complex family office reporting by:
1. Easy and efficient breed client reporting.
2. Seamless management of complex ownership structures through daily entity valuations and perspective trees.
3. Customisable dashboards.
4. Document storage.
5. Alternative asset/investment reporting.
6. Seamless integration with existing software systems.
How much does Canopy cost?
Canopy’s pricing is structured either as an annual licensing fee, transaction fee, AuM fee, transaction use-based, or as a flat fee.
