Today, Custody Risk announced that Backstop Solutions Group (BSG) is shortlisted in two categories for the magazine’s annual Custody Risk Americas Awards, which recognize outstanding achievers in the securities industry in both North America and South America. Backstop, a highly-integrated cloud-based solution that helps institutional investors work smarter and increase productivity, is shortlisted for “Post Trade Technology Vendor of the Year” and “Asset Servicing Technology Vendor of the Year.”
Backstop incorporates essential tools for managing portfolios, research, investor accounts, client relationships and capital raising in one centralized location. The scalable, on-demand software enables fund of funds managers, as well as other managers in the institutional investment community, to provide the quality investment service that is increasingly required by sophisticated investors.
“Our clients view Backstop as an asset to their business, and it’s an honor for Custody Risk to also recognize the value that Backstop offers the industry,” said Geoff Surkamer, global head of sales and marketing at Backstop Solutions Group.
Winners of the Custody Risk Americas Awards will be announced at a ceremony on April 10 in New York City.