Canopy vs Addepar Comparison

You are looking for alternatives to Canopy. Here you can compare the best Investment Management Software and other family office technologies based on our annual benchmark and comparison surveys.
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canopy, family office software, portfolio management software, consolidated reporting software

Canopy

Category
Consolidated Reporting

Singapore-based Canopy is a turnkey and fully customizable software solution, offering private & anonymous wealth account aggregation, portfolio analytics and client reporting. 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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Consolidated Reporting

Addepar

Category
Consolidated Reporting

Based in the USA, Addepar is a wealth management platform that infuses complex financial information with transparency. By connecting data, technology and people, it facilitates informed decisions through actionable insights and tailored reporting allows multi-generational family offices to achieve their objectives.

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Company
Employees

11-50

Revenue

 +2$M

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|
  • Zug (Switzerland)

Top 5 Markets

  • Arab Emirates
  • United Kingdom
  • Switzerland
  • Singapore
  • Hong Kong

Total AUM

USD +58 billion

Avg. AUM per client

-


100-500


-


2009


  • Owned by management
  • Key staff also have ownership
  • External investors


United States


  • New York
  • Salt Lake City
  • Mountain View


  • United States
  • Canada
  • Switzerland
  • Brazil
  • United Kingdom


$2tr


-

Client
Focus

Single Family Offices

Serves also

  • Individual Wealth Owners
  • Multi family offices
  • Financial advisors
  • Banks
  • Fund managers

Number

  • UHNWIs & SFOs: +2,200
  • RIAs & PBs: +50


  • Single-family offices
  • Multi-family offices
  • UHNW Individuals


  • Private Banks
  • Broker-Dealers
  • Registered Investment Advisors (RIAs – US)
  • Asset Managers


+400

Product
Main tasks

  • Consolidated Reporting
  • Accounting
  • Portfolio Management
  • Data Aggregation
  • Risk Management
  • Impact/ESG Reporting

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

Assets supported

  • Bankable assets
  • Private equity
  • Real estate
  • Rare collectibles

Compliance

  • MiFID II
  • GDPR
  • FinSA/FinIA

Whitelabel

Yes


  • Data Aggregation & Management
  • Portfolio Analysis
  • Consolidated Reporting
  • Governance


  • Data Aggregation
  • Portfolio Analysis
  • Multi-Currency-Mulit-Asset Class Modeling
  • Ownership Structure Modeling
  • Customized Reporting
  • Client Portal
  • Mobile and Tablet apps
  • File and Document Management
  • Alternatives Marketplace


  • Bankable Assets
  • Private Equity
  • Hedge Funds
  • Real Estate
  • Fixed Income
  • Equities
  • Private Direct Company
  • Rare Collectables (luxury cars, boats, high-value jewelery)


-


No

Technology
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

Ecosystem

-

Integrations

  • Plugs into any system via APIs
  • Converts non-standardized data into the desired data format i.e. ViewPoint, Abacus, NavOne account software etc.

Mobile App

No


SaaS


  • Hosted on AWS
  • 2-factor authentication & single-sign-on (SSO)
  • Encrypted data in transit and at rest
  • SOC 2 Type 2 Certification


Java


  • CRM: Salesforce, Practifi, Salentica
  • Trading & Rebalancing: RedBlack, Blaze
  • ALTs Data Management: PCR, Canoe, Strata
  • Financial Planning: eMoney, MoneyGuide Pro, Libretto
  • Risk Management: RCI, Hidden Levers, Jacobi
  • General Ledger: QuickBooks, Sage
  • Custodial Portals: Fidelity, Schwab, Pershing
  • UMA/SMA: Adhesion
  • Custom Integrations: Addepar API Toolkit


Yes

Simple solutions for complex times.