Quick Overview
- 1#1: SS&C Geneva - Industry-leading multi-asset portfolio accounting engine for real-time NAV, performance measurement, and reconciliation.
- 2#2: Charles River IMS - Comprehensive front-to-back investment management system with robust portfolio accounting and compliance features.
- 3#3: SimCorp Dimension - Integrated investment management platform offering scalable portfolio accounting across asset classes.
- 4#4: Enfusion - Cloud-based SaaS solution for automated portfolio accounting, reconciliation, and investor reporting.
- 5#5: SS&C Eze Investment Suite - Buy-side platform combining order management with integrated portfolio accounting and performance analytics.
- 6#6: Bloomberg AIM - Multi-asset portfolio management and accounting system deeply integrated with Bloomberg's market data.
- 7#7: FIS Investran - Specialized accounting solution for alternative investments including private equity and hedge funds.
- 8#8: Black Mountain Systems - Credit-focused portfolio accounting platform for loan and alternative asset management.
- 9#9: Allvue Systems - End-to-end platform for private capital with accounting, investor portals, and fund administration.
- 10#10: Dynamo Software - Private equity software providing portfolio accounting, CRM, and deal management tools.
We ranked these tools based on key factors including comprehensive feature sets, real-time data capabilities, ease of use, and overall value, ensuring a balanced selection that caters to both established firms and growing teams.
Comparison Table
This comparison table examines top portfolio accounting software, featuring SS&C Geneva, Charles River IMS, SimCorp Dimension, Enfusion, SS&C Eze Investment Suite, and more, to highlight key capabilities and suitability for different investment management needs, guiding readers in selecting the right solution.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | SS&C Geneva Industry-leading multi-asset portfolio accounting engine for real-time NAV, performance measurement, and reconciliation. | enterprise | 9.6/10 | 9.9/10 | 7.9/10 | 9.2/10 |
| 2 | Charles River IMS Comprehensive front-to-back investment management system with robust portfolio accounting and compliance features. | enterprise | 9.1/10 | 9.6/10 | 7.8/10 | 8.4/10 |
| 3 | SimCorp Dimension Integrated investment management platform offering scalable portfolio accounting across asset classes. | enterprise | 9.1/10 | 9.6/10 | 7.2/10 | 8.3/10 |
| 4 | Enfusion Cloud-based SaaS solution for automated portfolio accounting, reconciliation, and investor reporting. | enterprise | 8.7/10 | 9.2/10 | 7.8/10 | 8.1/10 |
| 5 | SS&C Eze Investment Suite Buy-side platform combining order management with integrated portfolio accounting and performance analytics. | enterprise | 8.4/10 | 9.2/10 | 7.8/10 | 8.0/10 |
| 6 | Bloomberg AIM Multi-asset portfolio management and accounting system deeply integrated with Bloomberg's market data. | enterprise | 8.5/10 | 9.2/10 | 7.4/10 | 7.8/10 |
| 7 | FIS Investran Specialized accounting solution for alternative investments including private equity and hedge funds. | enterprise | 8.1/10 | 9.2/10 | 6.8/10 | 7.4/10 |
| 8 | Black Mountain Systems Credit-focused portfolio accounting platform for loan and alternative asset management. | enterprise | 8.1/10 | 8.7/10 | 7.4/10 | 7.8/10 |
| 9 | Allvue Systems End-to-end platform for private capital with accounting, investor portals, and fund administration. | enterprise | 8.3/10 | 8.7/10 | 7.6/10 | 7.9/10 |
| 10 | Dynamo Software Private equity software providing portfolio accounting, CRM, and deal management tools. | enterprise | 7.2/10 | 6.9/10 | 8.1/10 | 6.8/10 |
Industry-leading multi-asset portfolio accounting engine for real-time NAV, performance measurement, and reconciliation.
Comprehensive front-to-back investment management system with robust portfolio accounting and compliance features.
Integrated investment management platform offering scalable portfolio accounting across asset classes.
Cloud-based SaaS solution for automated portfolio accounting, reconciliation, and investor reporting.
Buy-side platform combining order management with integrated portfolio accounting and performance analytics.
Multi-asset portfolio management and accounting system deeply integrated with Bloomberg's market data.
Specialized accounting solution for alternative investments including private equity and hedge funds.
Credit-focused portfolio accounting platform for loan and alternative asset management.
End-to-end platform for private capital with accounting, investor portals, and fund administration.
Private equity software providing portfolio accounting, CRM, and deal management tools.
SS&C Geneva
enterpriseIndustry-leading multi-asset portfolio accounting engine for real-time NAV, performance measurement, and reconciliation.
Patented real-time accounting engine for instantaneous P&L, NAV, and performance attribution across global instruments and time zones
SS&C Geneva is a leading enterprise-grade portfolio accounting and management platform tailored for asset managers, hedge funds, and institutional investors handling complex, multi-asset class portfolios. It delivers comprehensive trade capture, position management, profit and loss (P&L) calculations, NAV reconciliation, and regulatory reporting with high accuracy and scalability. Geneva supports sophisticated instruments like derivatives, fixed income, alternatives, and private assets, enabling real-time processing across global markets.
Pros
- Exceptional depth in accounting for complex instruments including derivatives and alternatives
- Scalable real-time processing for high-volume, enterprise-level operations
- Robust integration with custodians, brokers, and third-party data providers
Cons
- High implementation costs and lengthy setup timeline
- Steep learning curve requiring specialized training
- Overkill and expensive for small or mid-sized firms
Best For
Large asset managers, hedge funds, and institutional investors managing sophisticated, multi-billion AUM portfolios across diverse asset classes.
Pricing
Custom enterprise licensing based on AUM, user count, and modules; typically starts at $500K+ annually for mid-tier deployments—contact SS&C for quotes.
Charles River IMS
enterpriseComprehensive front-to-back investment management system with robust portfolio accounting and compliance features.
Unified IMS platform enabling straight-through processing from trade capture to accounting reconciliation in a single system
Charles River IMS is a comprehensive end-to-end investment management solution that excels in portfolio accounting for buy-side firms, handling complex multi-asset class accounting needs. It automates key functions like daily NAV calculations, profit and loss reporting, position reconciliation, and performance attribution across multiple books of record. The platform integrates seamlessly with trading, compliance, and risk modules, providing a unified data source for accurate and timely financial reporting.
Pros
- Robust support for complex instruments including derivatives, OTC, and alternatives
- Seamless front-to-back office integration reducing data silos
- Scalable for high-volume portfolios with real-time processing capabilities
Cons
- Steep learning curve due to extensive customization options
- High implementation and ongoing costs
- Overkill for smaller firms without complex needs
Best For
Large asset managers, hedge funds, and institutional investors managing multi-asset, high-volume portfolios requiring integrated accounting and operations.
Pricing
Custom enterprise licensing, typically $500K+ annually depending on users, assets under management, and modules, plus implementation fees.
SimCorp Dimension
enterpriseIntegrated investment management platform offering scalable portfolio accounting across asset classes.
End-to-end integration across portfolio accounting, trading, risk, and compliance in a single platform
SimCorp Dimension is a comprehensive, enterprise-level investment management platform specializing in portfolio accounting for large financial institutions. It automates trade processing, NAV calculations, reconciliations, and multi-currency accounting across diverse asset classes including equities, fixed income, derivatives, and alternatives. The software integrates seamlessly with front-office trading, risk management, and compliance modules to provide end-to-end visibility and regulatory reporting.
Pros
- Handles complex instruments and derivatives with high accuracy
- Scalable for multi-billion AUM portfolios
- Integrated front-to-back office functionality reduces silos
Cons
- Steep learning curve and complex customization
- Very high implementation costs and timelines
- Overkill for small or mid-sized firms
Best For
Large asset managers and institutional investors managing complex, multi-asset portfolios with stringent regulatory requirements.
Pricing
Custom enterprise pricing, often starting at $500K+ annually plus significant implementation fees in the millions.
Enfusion
enterpriseCloud-based SaaS solution for automated portfolio accounting, reconciliation, and investor reporting.
Single-database architecture enabling real-time, fully reconciled portfolio data without silos
Enfusion is a cloud-native investment management platform that delivers comprehensive portfolio accounting solutions, including automated NAV calculations, position reconciliations, P&L attribution, and multi-currency support for multi-asset classes. It integrates front-to-back office functions like trading, risk analytics, and reporting on a unified real-time data platform. Ideal for hedge funds and asset managers, it streamlines complex accounting workflows while ensuring regulatory compliance and scalability.
Pros
- Unified single-ledger architecture for real-time reconciled data
- Robust automation for NAV, reconciliations, and multi-asset accounting
- Scalable cloud platform with strong integration capabilities
Cons
- Steep learning curve due to comprehensive feature set
- High enterprise-level pricing not ideal for small firms
- Limited public transparency on customization options
Best For
Mid-to-large asset managers and hedge funds needing integrated portfolio accounting with real-time operations.
Pricing
Custom quote-based pricing, typically starting at $100,000+ annually based on AUM and modules selected.
SS&C Eze Investment Suite
enterpriseBuy-side platform combining order management with integrated portfolio accounting and performance analytics.
Real-time portfolio accounting integrated with OMS and EMS for end-to-end trade lifecycle management without data silos
SS&C Eze Investment Suite is a comprehensive front-to-back office platform for investment managers, with robust portfolio accounting capabilities supporting multi-asset classes, real-time NAV calculations, and performance attribution. It handles complex instruments like derivatives, fixed income, and alternatives, providing accurate position reconciliation, P&L reporting, and regulatory compliance tools. Integrated with Eze OMS and EMS, it streamlines workflows for hedge funds and institutional investors managing large portfolios.
Pros
- Extensive multi-asset and multi-currency support with real-time processing
- Seamless integration across front, middle, and back office
- Advanced analytics and customizable reporting for performance attribution
Cons
- Steep learning curve and complex implementation for new users
- High cost suitable mainly for large-scale operations
- Limited flexibility for very small firms without heavy customization
Best For
Large hedge funds, asset managers, and institutional investors managing complex, multi-asset portfolios requiring integrated front-to-back solutions.
Pricing
Custom enterprise pricing based on AUM and modules; typically starts at $100,000+ annually, with quotes required from sales.
Bloomberg AIM
enterpriseMulti-asset portfolio management and accounting system deeply integrated with Bloomberg's market data.
Unparalleled real-time integration with Bloomberg Terminal data for instantaneous portfolio valuation and analytics
Bloomberg AIM is a robust portfolio accounting and investment management platform designed for institutional investors, providing accurate NAV calculations, multi-asset class support, position reconciliation, and performance measurement. It integrates deeply with the Bloomberg Terminal ecosystem, delivering real-time market data, risk analytics, and compliance monitoring. The solution excels in handling complex portfolios across equities, fixed income, derivatives, and alternatives.
Pros
- Comprehensive multi-asset accounting with advanced NAV and performance attribution
- Seamless integration with Bloomberg's real-time data and analytics ecosystem
- Strong compliance, risk management, and regulatory reporting capabilities
Cons
- Steep learning curve and complex interface for new users
- High cost prohibitive for smaller firms
- Limited flexibility outside the Bloomberg ecosystem
Best For
Large institutional asset managers and buy-side firms handling complex, multi-asset portfolios requiring deep market data integration.
Pricing
Custom enterprise licensing; typically $500K+ annually, often bundled with Bloomberg Terminal subscriptions.
FIS Investran
enterpriseSpecialized accounting solution for alternative investments including private equity and hedge funds.
Sophisticated partnership accounting engine for automated carried interest, waterfalls, and allocation calculations
FIS Investran is a robust portfolio accounting platform tailored for alternative asset managers, including private equity, hedge funds, real estate, and infrastructure funds. It delivers comprehensive fund administration, investor accounting, performance analytics, and regulatory reporting capabilities. The software excels in handling complex investment structures, multi-currency transactions, and partnership accounting with support for waterfalls and carried interest.
Pros
- Handles complex fund structures and partnership accounting with high accuracy
- Strong investor servicing and self-service portals
- Comprehensive regulatory compliance and reporting tools
Cons
- Steep learning curve and complex interface for new users
- High implementation and customization costs
- Limited flexibility for smaller firms without enterprise needs
Best For
Large alternative investment managers with complex, multi-asset portfolios requiring precise NAV calculations and investor reporting.
Pricing
Custom quote-based pricing, typically starting at $100,000+ annually for enterprise deployments, scaling with users, funds, and modules.
Black Mountain Systems
enterpriseCredit-focused portfolio accounting platform for loan and alternative asset management.
Automated private asset waterfalls and performance fee calculations with multi-tier support
Black Mountain Systems provides a cloud-native investment management platform with robust portfolio accounting capabilities, specializing in alternative assets such as private equity, real estate, infrastructure, and credit. It automates complex processes like NAV calculations, investor allocations, waterfall distributions, and performance fee computations. The software offers real-time data visibility, scalable architecture for multi-fund structures, and seamless integration with custodians and data providers.
Pros
- Specialized support for illiquid alternative investments with advanced waterfall and carried interest modeling
- Scalable cloud platform with real-time NAV and reporting
- Strong customization and integration capabilities for enterprise users
Cons
- Steep learning curve for non-specialists due to complexity
- High implementation and ongoing costs
- Less optimized for high-frequency public market trading
Best For
Mid-to-large alternative asset managers handling complex private market portfolios requiring precise accounting and investor reporting.
Pricing
Custom enterprise pricing based on AUM and modules, typically starting at $100K+ annually with implementation fees.
Allvue Systems
enterpriseEnd-to-end platform for private capital with accounting, investor portals, and fund administration.
Real-time NAV engine with automated partnership waterfall calculations and multi-currency reconciliation
Allvue Systems provides a comprehensive portfolio accounting platform tailored for private equity, credit, and alternative investment managers, automating NAV calculations, partnership allocations, and multi-currency bookkeeping. It integrates with broader investment management tools for end-to-end workflows, including investor reporting and compliance. The solution excels in handling complex fund structures and scalable data management for institutional portfolios.
Pros
- Robust support for complex partnership accounting and multi-book setups
- Seamless integration with front-office CRM and performance analytics
- Scalable architecture for large-scale portfolios and high-volume transactions
Cons
- Steep learning curve due to extensive customization options
- High enterprise-level pricing limits accessibility for smaller firms
- Reporting flexibility can require additional configuration
Best For
Mid-to-large alternative investment firms managing private equity, credit, and illiquid assets that need sophisticated accounting automation.
Pricing
Custom enterprise pricing based on AUM and modules; typically starts at $100,000+ annually with implementation fees.
Dynamo Software
enterprisePrivate equity software providing portfolio accounting, CRM, and deal management tools.
Seamless integration of investor portals with real-time portfolio performance data
Dynamo Software offers a CRM-centric platform tailored for alternative investment managers, including portfolio accounting and monitoring tools for private equity, hedge funds, and venture capital. It supports position tracking, performance measurement, reconciliation, and investor reporting within an integrated ecosystem. While strong in investor relations, its accounting capabilities are more suited to private markets than comprehensive public market portfolio accounting.
Pros
- Integrated CRM and portfolio monitoring for streamlined operations
- Strong investor reporting and portal features
- Cloud-based with mobile accessibility
Cons
- Lacks depth for complex derivatives or public equities accounting
- Not a standalone accounting system; relies on integrations
- Enterprise pricing lacks transparency
Best For
Alternative investment firms needing CRM with supplementary portfolio accounting for private assets.
Pricing
Custom quote-based pricing, typically $50,000+ annually for mid-sized firms depending on users and modules.
Conclusion
The reviewed portfolio accounting tools provide robust options for asset management, with SS&C Geneva leading as the top choice, boasting industry-leading real-time NAV, performance measurement, and reconciliation. Charles River IMS and SimCorp Dimension are strong alternatives, offering comprehensive front-to-back systems and scalable cross-asset management, respectively. Each tool excels in its own way, but the top three deliver exceptional value for different operational needs.
Explore SS&C Geneva to experience its superior portfolio accounting capabilities and elevate your asset management efficiency.
Tools Reviewed
All tools were independently evaluated for this comparison