Canopy vs Ruby 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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Ruby Logo

Ruby

Category
Portfolio Management

USA-based Accordia Group's RUBY provides a customizable technology platform that enables business intelligence, risk management and diversification while saving clients time and money and allowing them to focus on strategy. Its modern, cloud-native technology ensures faster servicing of business requests with reduced operational risk

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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

-


50-100


-


2005


Owned by management


United States of America


  • Greenwich
  • Niš


  • United States of America
  • United Kingdom
  • Germany
  • Singapore


-


-

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


  • Individual Wealth Owners
  • Multi-Family Offices
  • Financial advisors
  • Fund managers


  • 1 Single Family Office
  • 1 Asset manager
  • 3 Hedge funds

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


  • Consolidated Reporting
  • Compliance (e.g. AML, KYC, regulatory reporting)
  • Portfolio Management
  • Trading (orders only)
  • Data Aggregation
  • Risk Management
  • Impact/ESG Reporting


  • Security Master
  • Order Management
  • Data Aggregation
  • P&L and Performance
  • Risk
  • Reconciliations
  • Alerts
  • Compliance
  • Consolidated Reporting
  • Client Portal


  • Bankable assets
  • Private equity
  • Real estate
  • Rare collectibles (e.g. luxury cars, boats, high-value jewelry)


-


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


  • Serviced Software
  • SAAS
  • Fully Standalone


  • Private or public cloud of client’s choice
  • Office 365 or Active Directory Authentication
  • Encrypted data exchange between web UI and services running in the cloud
  • Option to use dedicated connection for streaming data between web UI and back-end services in the cloud
  • Encryption of database data residing in the cloud


Microsoft


  • Office 365 security integration Bloomberg
  • BackOffice
  • SAPI and Data
  • License Fin CAD financial library


No

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