Backstop has been voted “Best Data Management Solution” among service providers in the Private Equity Wire US Emerging Managers 2023 Awards. This recognition is especially meaningful coming from a poll of the US Private Equity Wire user base—our heartfelt thanks to the private equity emerging fund managers community. We sincerely appreciate the industry’s growing confidence in Backstop.
This award is a testament to Backstop’s continuous advancement of our user interface and user experience. We’ve worked hard to make it easy for our clients to harness and optimize data and to glean the actionable insights needed to stay ahead in the ever-changing private equity landscape – especially in today’s extremely competitive fundraising environment.
We know data entry is a huge pain point for the industry. With true cloud-native, fully configurable solutions, Backstop empowers people to personalize and visualize data specific to their roles. Our platform also provides visibility for collaboration, with particular emphasis on the critical activities of business development, investor relations, and deal teams in private equity firms. Our data solutions are designed to take the pain out of data entry and enable teams to focus on putting their data to work. Backstop for Outlook enables clients to upload emails and documents directly into Backstop without ever leaving their inbox. With the new plug-in, the entire team can access reliable, up-to-date information the minute it becomes available, easily accessed on Windows or Mac.
Backstop also gives users the flexibility to track, measure, and report on qualitative variables that may not fit neatly into any one software solution. Backstop can provide a home for this type of data – event attendance, prospect birthdays, family names, and nuanced data pertinent to specific industries. Backstop users have a wealth of information at their fingertips to help them do their jobs better.
Data is an increasingly valuable asset and currency in the institutional investment market today. We help organizations make the most of it. It is gratifying that the voters in Private Equity Wire’s member base are taking notice of our efforts.
If you want to learn more about our solutions for private equity firms, download our solution brief.