Canopy vs Arch
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.
Canopy
Category
Consolidated Reporting
New York 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.
Read more
Arch
Category
Data Aggregation
New York-based Arch provides an intuitive, digital investment admin platform that tracks data from all private investments. Arch’s automated system collects K-1s, manages cash flows, and provides reporting-ready data, removing the need to access 3rd party portals.
Read moreCompany
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
- United States of America
- Singapore
- Switzerland
Top markets
- United States of America
- Singapore
- Hong Kong
- Switzerland
- United Arab Emirates
- United Kingdom
Total AUM
- $174 billion+
Avg. AUM per client
- $30 million+ (per HNWI)
- 50-100
–
- 2018
- External investors
- Key staff also have ownership
- Clients are also owners
- United States of America
- New York City
–
–
-
Client
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.)
- Single family offices
- Individual wealth owners
- Multi-family offices
- Investment & Financial Advisors (RIAs/IFAs)
- Custodians
- Banks
- Accountants
- Fund of funds
- Individuals: 20%
- Single Family Office: 40%
- Multi-Family Office/RIA: 30%
- Institution/Banks: 10%
Product
Main tasks
- Consolidated reporting
- Accounting
- Portfolio management
- Data aggregation
- Risk management
- Impact/ESG reporting
- Backoffice
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
- Private equity
- Real estate
- Rare collectibles
Compliance
- MiFID II
- GDPR
- FinSA/FinIA
Whitelabel
- Yes
- Consolidated Reporting
- Data Aggregation
- Data Validation
- Data Processing
- Tax Document Collection
- Task Management
- Cash Flow & Capital Call Management
- Digital Excellence
- Transparency
- Bankable or Financial Assets & Funds
- Lifestyle Assets & Rare Collectibles
- Private Equity & Direct Investments
- Real Estate
–
Yes
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
- ISO 27001 certified
Ecosystem
-
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
SaaS
–
–
Addepar, BlackDiamond, Advent APX, Orion, Masttro, SEI Family Office Services – Archway, and other performance reporting systems as requested.
No
In the media
