---
description: Compare Octopus vs Backstop to learn about each of the product's price, benefits and disadvantages. Choose the best software for your business in Australia.
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title: Octopus vs Backstop Comparison - Capterra Australia 2026
---

Breadcrumb: [Home](/) > [Fund Accounting Software](/directory/30114/fund-accounting/software) > [Octopus \<span\>vs\</span\> Backstop](https://www.capterra.com.au/compare/150818/169054/octopus/vs/backstop)

# Compare Octopus vs Backstop

Canonical: https://www.capterra.com.au/compare/150818/169054/octopus/vs/backstop

> Detailed comparison between Octopus and Backstop. Check ratings, reviews, pricing, and features to make the best decision for your business.

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## At a Glance

| Metric | Octopus | Backstop |
| **Overall rating** | 4.0/5 | 4.3/5 |
| **Total Reviews** | 1 | 46 |
| **Starting Price** | USD 2,900.00 | USD 3,000.00 |
| **Free Trial** | Yes | - |
| **Free Version** | No | No |
| **Deployment** | Cloud, SaaS, Web-based | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile) |
| **Support** | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat | Email/Help Desk, Knowledge Base, Phone Support, 24/7 (Live rep) |
| **Training** | Live Online, Webinars, Documentation, Videos | In Person, Live Online, Webinars, Documentation, Videos |

## Best for

### Octopus

Hedge Funds, FoF, Crypto Funds, UCITS/AIFMD regulated, Banks, Asset Managers and Family Offices. Firms in need of front/middle/backoffice Automation \&amp; backoffice service full or part time outsourcing.

### Backstop

Institutional investors: Funds of funds, endowments, foundations, pensions, consultants, OCIOs, and family offices. Alternative asset managers: hedge funds, private equity, VC, and real estate firms.

## Key features

### Octopus

- API
- Activity Tracking
- Audit Trail
- Customizable Reports
- Document Management
- For Hedge Funds
- For Investment Advisors
- Fund Management
- Investments Tracking
- Investor Management
- Monitoring
- Multi-Currency
- Performance Analysis
- Performance Metrics
- Portfolio Analysis
- Portfolio Rebalancing
- Real-Time Data
- Real-Time Reporting
- Reporting/Analytics
- Workflow Management

### Backstop

- API
- Activity Tracking
- Audit Trail
- Customizable Reports
- Document Management
- For Hedge Funds
- For Investment Advisors
- Fund Management
- Investments Tracking
- Investor Management
- Monitoring
- Multi-Currency
- Performance Analysis
- Performance Metrics
- Portfolio Analysis
- Portfolio Rebalancing
- Real-Time Data
- Real-Time Reporting
- Reporting/Analytics
- Workflow Management

## Links

- [View Octopus Profile](https://www.capterra.com.au/software/150818/octopus)
- [View Backstop Profile](https://www.capterra.com.au/software/169054/backstop)
- [View Original Comparison](https://www.capterra.com.au/compare/150818/169054/octopus/vs/backstop)

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