Free and open first

Best Hedge Fund Software in 2026

Hedge fund software supports work such as portfolio management, order management, fund accounting and investor portals. This list covers tools running on web, iOS, Windows, API, self-hosted and Android platforms.

20 apps
Research read 28 Sept 2026
How the order is worked out

1

Backstop Solutions
by Backstop Solutions
Paid AndroidAPIiPhone+1

Backstop Solutions brings research, portfolio oversight, fundraising, and investor relations into one institutional platform.

6.0 Pricing on request Visit site
2

Enfusion
by Enfusion
Paid iPhoneLinuxMac+2

Enfusion combines portfolio, execution, compliance, and risk functions for investment managers. Buyers should request pricing and account for the equipment and connectivity they must provide.

5.9 Pricing on request Visit site
3

FundCount
by FundCount
Paid AndroidAPIiPhone+5

Choose FundCount if your organization needs investment accounting across portfolios, partnerships, and general ledgers, with multiple deployment choices.

5.8 From $14,450/yr Visit site
4

Linedata Global Hedge
by Linedata Global Hedge
Paid APISelf-hostedWindows

Linedata Global Hedge covers trading, portfolio oversight, compliance, reporting, and settlement in one system.

5.4 Pricing on request Visit site
5

SS&C Advent Geneva
by SS&C Advent Geneva
Paid APISelf-hostedWeb

Choose Geneva if your firm needs investment operations, accounting, and reporting across complex or alternative investment structures.

4.9 Pricing on request Visit site
6

Arcana

Paid APIiPhoneWeb+1

4.8 Pricing on request Visit site
7

Alpha Theory

Paid APIWeb

4.7 Pricing on request Visit site
8

Arcesium Digital Assets

Paid APIWeb

4.6 Pricing on request Visit site
9

Eze Eclipse

Paid AndroidiPhoneWeb

4.5 Pricing on request Visit site
10

FlexTrade FlexONE

Paid AndroidiPhone

4.4 Pricing on request Visit site
11

FIS Hedge Fund Portfolio Manager

Paid

4.3 Pricing on request Visit site
12

FundsTOTAL

Paid Web

4.3 Pricing on request Visit site
13

Hazeltree

Paid Web

4.2 Pricing on request Visit site
14

HedgeArc

Paid Windows

4.2 From $499/yr Visit site
15

HedgeGuard

Paid Web

4.2 Pricing on request Visit site
16

Lightkeeper

Paid Web

4.2 Pricing on request Visit site
17

Opterra

Paid Web

3.9 Pricing on request Visit site
18

SEI Novus

Paid Web

3.9 Pricing on request Visit site
19

TradeState

Paid Web

3.9 Pricing on request Visit site
20

SS&C Eze Investment Suite

Paid

3.6 Pricing on request Visit site

#1Places #1, #2, #3, #4, #5 on this list can be bought by the makers of the software on it. See the price

Compare the functions you need, supported asset classes, listed integrations and deployment options. Check free-plan terms, trial conditions and open-source licences; paid pricing may require a quote.

Questions

Do hedge fund software tools offer free plans?

Free-plan status is a comparison field. Hazeltree and HedgeArc are marked as having no free plan; check current terms before choosing.

How is hedge fund software priced?

Some entries show paid pricing with a quote required. HedgeArc lists pricing from $499 per year. Confirm the current price and what it includes.

Which platforms do these tools support?

The category includes web, iOS, Windows, API, self-hosted and Android software. Check the platform details for the tool you are considering.

What functions should I compare?

Compare portfolio management, order management, fund accounting, investor portals, supported asset classes and listed integrations.

How can I check whether software is open source?

Read the tool's licence and hosting terms. Confirm that the licence permits the code access, changes or redistribution you need.

Questions

More in Finance & Accounting