PortfolioShop

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  • PortfolioShop Achieves SOC 2 Type 2 Compliance

    PortfolioShop Achieves SOC 2 Type 2 Compliance

    We’re thrilled to announce that PortfolioShop has achieved SOC 2 Type 2 Compliance! This milestone reaffirms our unwavering commitment to the highest standards of security and data protection.

    SOC 2 (System and Organization Controls 2) is a rigorous audit framework established by the American Institute of CPAs (AICPA), assessing our systems and practices in terms of security, availability, processing integrity, confidentiality, and privacy. By successfully completing this audit, we’ve demonstrated our dedication to safeguarding your data with the utmost care and reliability.

    At PortfolioShop Inc., we believe in continuously raising the bar to provide you with secure, reliable, and innovative portfolio management solutions. Thank you for your trust and support!

    For more information or to schedule a demo, contact us at (516) 364-6800 or email sales@PortfolioShop.com.

  • Choosing Partners Over Providers

    This summer, PortfolioShop was proud to be named HedgeWeek’s Best Portfolio Management Software of 2023. In a sit-down with the publication, Eric Sontag, our President, had the opportunity to share a few of the key tenets of the philosophy that ultimately led to our selection for this honor.

    Choose a partner over a provider. There is no shortage of pedigreed service and solution providers in the hedge fund space, but a boutique partner with deep industry expertise and a focus on providing high-quality personalized service tends to deliver more value to the emerging fund manager.

    Eric Sontag in HedgeWeek, September 14, 2023

    At PortfolioShop, we’ve emphasized service since before SaaS was the dominant paradigm. No matter the size of your operation, we work with you to tailor our platform to your firm’s needs and operational bandwidth.

    We invite you to read the entire HedgeWeek interview to learn more about our current offerings and get in touch to see how we can partner with your team to empower you to “grow alpha, not operations.”

  • PortfolioShop Named Best Portfolio Management Software at Hedgeweek US Emerging Manager Awards 2023

    PortfolioShop Named Best Portfolio Management Software at Hedgeweek US Emerging Manager Awards 2023

    PortfolioShop, an innovator and leading provider of investment portfolio management and accounting solutions, was named Best Portfolio Management Software at the Hedgeweek U.S. Emerging Manager Awards 2023 celebrating excellence among hedge fund emerging fund managers and service providers.

    The award acknowledges PortfolioShop’s cloud platform designed to streamline investment processes, enhance operational efficiency, and deliver superior portfolio management capabilities including shadow accounting, performance measurement, client reporting, and risk management. Providers were nominated based upon feedback from 100+ emerging fund managers and voted for by clients, peers, and counterparties within the hedge fund industry. 

    “This recognition underscores PortfolioShop’s decades-long commitment to excellence in delivering enterprise-grade operational solutions that empower investment funds at every stage of growth. We are especially honored because it comes from our clients. We strive to earn your confidence in everything we do and remain dedicated to your success,” said PortfolioShop President Eric Sontag, who accepted the award June 8 at an exclusive ceremony for fund managers, allocators, and service providers at Convene 101 Park Avenue in New York, NY. 

    PortfolioShop’s Eric Sontag, Jonathan Allen, and Harvey Sontag (left to right) accept the award for Best Portfolio Management Software at the Hedgeweek US Emerging Manager Awards on June 8, 2023.

    Read more on Hedgeweek.com

    Want to learn more? Provide a few details and our team will be in touch soon.

  • Using PortfolioShop’s Fund Accounting Module to Manage Complex Fund Structures

    The intricacies of allocating income and expenses to partners are contingent upon a fund’s structure, the asset classes traded by the fund, where the investors are located, as well as high-water marks, carried interest and more. We’ve synthesized our understanding of managing special income allocations into a helpful infographic to aid you in identifying key details that impact how your fund’s income must be classified and distributed.

    In scrutinizing operations, regulators and institutional investors demand that investment managers implement controls over their fund accounting infrastructure. Spreadsheets and legacy systems don’t address the challenges of managing these calculations and reporting requirements across series, side pockets, and other sub-classes.

    PortfolioShop’s comprehensive fund accounting module empowers you and your clients to focus more on portfolio management and less on fund administration. We invite you to check it out the infographic and get in touch with us to find out more about how our technologies and experience can help you stay on top of your operational needs.

  • PortfolioShop’s Custodial Data Network Welcomes BNY Mellon and JP Morgan

    PortfolioShop’s Custodial Data Network Welcomes BNY Mellon and JP Morgan

    NEW YORK — PortfolioShop has announced that it has added BNY Mellon and JP Morgan to its network of custodial interface partners. With the integration, PortfolioShop expands it’s capabilities to include more than thirty different custodial partners.  Our Custodial Data Network provides advisers the ability to effortlessly track the performance of their investments thru automated data feeds and reconciliation processes. [minti_pullquote align=”right”]”Our team is incredibly excited to bring on these two icons of the asset management space.” – Eric Sontag, President[/minti_pullquote]

    About PortfolioShop

    PortfolioShop is a leading Portfolio Management software provider, offering solutions for shadow accounting, performance measurement, client reporting and risk management. For more than 25 years, our platform has been relied upon by hundreds of the world’s most sophisticated fund administrators and asset managers, as well as scores of prime brokers and trading technology vendors looking to augment their client offerings. With integration partnerships with dozens of major trading technology vendors, prime brokers, and custodians, PortfolioShop provides seamless, straight-through processing of your trading information, regardless of provider.

  • PortfolioShop Completes 2021 SOC 1 Type 2 Audit

    PortfolioShop Completes 2021 SOC 1 Type 2 Audit

    New York, September 15, 2021 – PortfolioShop, a leading software technology firm providing digital solutions to the investment management industry, today announced that it has completed their 2021 SOC 1 Type 2 audit.  SOC 1 Type 2 compliance verifies PortfolioShop control objectives and activities meet relevant principles, verified through an in-depth audit relevant to security, confidentiality, and availability. Standards outlined in report are developed from the American Institute of Certified Public Accountants (AICPA).

    The audit, conducted by A-LIGN, evaluated and issued an opinion on the controls, procedures, and documentation around PortfolioShop’s security practices and examined the design suitability and operating effectiveness of applicable security controls in the platform and products.

    “At PortfolioShop, information security is at the core of our operations as a handler of confidential client data. By voluntarily meeting the standards and industry benchmarks of the AICPA, this compliance underscores that PortfolioShop continues to maintain a culture that is dedicated to safeguarding customer data with processes and security controls that includes strict endpoint management, extensive employee security awareness training, and comprehensive vulnerability management.”

    Eric Sontag, President, PortfolioShop

    A copy of the 2021 SOC 1 Type 2 audit report is available to PortfolioShop’s customers and prospects under NDA upon request.


    About PortfolioShop
    PortfolioShop is the leading provider of advanced investment management technologies for asset managers, hedge funds, proprietary trading firms and sell-side trading desks. We are a cloud-based front-to-back-office technology provider delivering everything you need to run a trading and portfolio management front and back office. Our team builds innovative technology that fits our client’s workflow requirements through a feature-rich, intuitive user interface. We pride ourselves on having a strong focus on client support, rapid implementations and industry-leading innovation. Today, over 100 clients including single and multi-family offices, fund administrators, hedge funds and private equity firms worldwide with assets totaling more than U.S. $10 billion rely on PortfolioShop for accurate, timely information and flexible reporting.

    Contact
    Eric Sontag, President
    Phone: 516-364-6800
    sales@portfolioshop.com

  • PortfolioShop Launches New Partnership Accounting Module

    PortfolioShop Launches New Partnership Accounting Module

    New York, January 20, 2021 – PortfolioShop, a provider of accounting and investment analysis software for family offices, fund administrators, hedge funds and private equity firms, today announced the launch of its new, redesigned fund accounting module, www.portfolioshop.com/solutions.  The component’s intuitive navigation and uncluttered design offer a friendlier user experience and make it easier to calculate and report on complex entity, investment, and fund information.  

    These features were developed to support existing and prospective clients in their effort to handle the ever changing operational landscape.  The revised fund accounting module takes input from portfolio accounting, partnership accounting, general ledger and reporting.  Users of the system will experience improved features including searchable content and a variety of custom tools.   

     “Our new module is modern and purpose built and reflects the forward-thinking, innovative vision of PortfolioShop.”  said Harvey Sontag, CEO and founder of PortfolioShop.   

    The new features embrace best practices for design and user engagement. It also enables more effective use of management tools for timely response to investor and regulator inquiries, which supports PortfolioShop’s commitment to service excellence. 

    About PortfolioShop

    PortfolioShop provides integrated accounting and investment analysis software that improves operational efficiency and delivers immediate, actionable intelligence to clients around the globe. Today, over 100 clients including  single and multi-family offices, fund administrators, hedge funds and private equity firms worldwide with assets totaling more than U.S. $10 billion rely on PortfolioShop for accurate, timely information and flexible reporting.  PortfolioShop supports its growing client base from the company’s U.S. headquarters . For more information, visit www.portfolioshop.com. 

  • PortfolioShop’s Custodial Data Network Welcomes Morgan Stanley and Wells Fargo

    PortfolioShop’s Custodial Data Network Welcomes Morgan Stanley and Wells Fargo

    NEW YORK — PorfolioShop today announced that it has added Morgan Stanley and Wells Fargo to its network of custodial interface partners. With the integration, even more advisors and fund managers are able to seamlessly monitor their performance and value at risk. [minti_pullquote align=”right”]”We are constantly striving to provide our clients with an even broader network of business partners to choose from.” – Eric Sontag, President[/minti_pullquote]

    “We are constantly striving to provide our clients with an even broader network of business partners to choose from. “We’re pleased to add these premier financial institutions to our network.”

    About PortfolioShop

    PortfolioShop is a leading Portfolio Management software provider, offering solutions for shadow accounting, performance measurement, client reporting and risk management. For more than 25 years, our platform has been relied upon by hundreds of the world’s most sophisticated fund administrators and asset managers, as well as scores of prime brokers and trading technology vendors looking to augment their client offerings. With integration partnerships with dozens of major trading technology vendors, prime brokers, and custodians, PortfolioShop provides seamless, straight-through processing of your trading information, regardless of provider.

  • Introducing the New PortfolioShop.com

    Greetings, and welcome to the new PortfolioShop.com. Have a look around!

    Our goal with the redesign was to provide a clean, modern and intuitive site, enabling you to find information about our firm and product offerings as quickly and efficiently as possible, regardless of what device you’re using. We think we’ve done just that, and hope you’ll agree.

    We also want to be a resource for you. [minti_pullquote align=”right”]Our goal with the redesign was to provide a clean, modern and intuitive site, enabling you to find information about our firm and product offerings as quickly and efficiently as possible.[/minti_pullquote] You can expect to see posts on a variety of topics, including news and info about our firm, industry developments we think will be impactful and tips and tricks for using our platform.

    But most of all we want to be sure we’re providing everything you need, whether it’s through our Website, portfolio management platform or support organization. We encourage you to contact us to let us know whether we’re delivering the level of service you’ve come to expect from PortfolioShop. And if we’re continuing to live up to those standards, maybe just drop us a line to tell us we’re swell – we’d like that, too.

    About PortfolioShop

    PortfolioShop is a leading Portfolio Management software provider, offering solutions for shadow accounting, performance measurement, client reporting and risk management. For more than 25 years, our platform has been relied upon by hundreds of the world’s most sophisticated fund administrators and asset managers, as well as scores of prime brokers and trading technology vendors looking to augment their client offerings. With integration partnerships with dozens of major trading technology vendors, prime brokers, and custodians, PortfolioShop provides seamless, straight-through processing of your trading information, regardless of provider.

  • PortfolioShop Adds Jefferies, Northern Trust and Wedbush to Growing List of Custodial Interface Partners

    NEW YORK — PorfolioShop today announced that it has added Jefferies, Northern Trust and Wedbush to its growing list of custodial interface partners. With the integration, clients are now able to seamlessly access their trading data from any these three providers through PortfolioShop’s ReconAdvantage platform. [minti_pullquote align=”right”]”We work hard to ensure that our clients are able to easily interface with their prime brokers and custodians, whomever they may be.” – Eric Sontag, President[/minti_pullquote]

    “We work hard to ensure that our clients are able to easily interface with their prime brokers and custodians, whomever they may be,” said Eric Sontag, President of PortfolioShop. “We’re pleased to add three more leading providers to our increasing roster of partners, and look forward to continuing to build out our network.”

    About PortfolioShop

    PortfolioShop is a leading Portfolio Management software provider, offering solutions for shadow accounting, performance measurement, client reporting and risk management. For more than 25 years, our platform has been relied upon by hundreds of world’s most sophisticated fund administrators and asset managers, as well as scores of prime brokers and trading technology vendors looking to augment their client offerings. With integration partnerships with dozens of major trading technology vendors, prime brokers, and custodians, PortfolioShop provides seamless, straight-through processing of your trading information, regardless of provider.