FIS Hedge Fund Portfolio Manager vs HedgeGuard

FHFIS Hedge Fund Portfolio Manager9.1Visit HedgeGuard8.6Visit

Higher score FH FIS Hedge Fund Portfolio Manager #1 in Hedge Fund Software 9.1/10 Pricing on request ✓ 2 of 4 features Contact FIS

vs

HedgeGuard #3 in Hedge Fund Software 8.6/10 Pricing on request ✓ 3 of 4 features Visit HedgeGuard

• FIS Hedge Fund Portfolio Manager fits best

  Established funds needing core portfolio accounting

• HedgeGuard fits best

  Multi-asset funds needing NAV, risk, and operations

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Side by side

Feature	FHFIS Hedge Fund Portfolio Manager 9.1/10 Visit ↗	HedgeGuard 8.6/10 Visit ↗
At a glance
Editor score	9.1	8.6
Ranking	#1 in Hedge Fund Software	#3 in Hedge Fund Software
Best for	Established funds needing core portfolio accounting	Multi-asset funds needing NAV, risk, and operations
Pricing model	Paid	Paid
Starting price	Pricing on request	Pricing on request
Free plan	Not checked yet	Not checked yet
Free trial	—	—
Integrations	1 integrations	120+ integrations
Built for	Mid-market, Enterprise	Small business, Mid-market
Features FIS Hedge Fund Portfolio Manager 2/4 · HedgeGuard 3/4
Portfolio management	✓	✓
Order management	Not checked yet	✓ (best)
Fund accounting	✓	✓
Investor portal	Not checked yet	Not checked yet
Specs
Supported asset classes	Not checked yet	equities, fixed income, funds, FX, listed and OTC derivatives, digital assets (spot crypto, perpetuals, options, staked positions)
Listed integrations	Not checked yet	120
Our review
Pros	Tracks portfolios and positions with real-time multi-currency accounting Reconstructs positions and maintains P&L as holdings change Connects front, middle and back office through a structured ledger and audit trail	Combines portfolio, order, NAV, risk, compliance, and reporting workflows Supports TradFi and digital assets across 120 integrations Daily shadow NAV reconciliation and optional outsourced middle-office services
Cons	Pricing is obtained through FIS's contact process Focuses on accounting and position management rather than all-in-one breadth Third-party data integration depends on an open architecture	Web access and cloud deployment are the only listed platform options Pricing requires a tailored quote under a pay-as-you-scale model Email is the listed support channel
Our verdict	FIS Hedge Fund Portfolio Manager brings portfolio accounting and position management together for hedge funds and hedge fund administrators. Its emphasis is on core fund operations: tracking positions, maintaining P&L as holdings change,… Read the review →	HedgeGuard is a cloud-hosted, web-based portfolio management platform for hedge funds, asset managers, and family offices. It brings portfolio positions, valuations, P&L, NAV, order management, risk, compliance, reconciliation, fund… Read the review →

Strengths and trade-offs

• FIS Hedge Fund Portfolio Manager — where it wins

  • Tracks portfolios and positions with real-time multi-currency accounting
  • Reconstructs positions and maintains P&L as holdings change
  • Connects front, middle and back office through a structured ledger and audit trail

  Where it doesn't

  • Pricing is obtained through FIS's contact process
  • Focuses on accounting and position management rather than all-in-one breadth
  • Third-party data integration depends on an open architecture

• HedgeGuard — where it wins

  • Combines portfolio, order, NAV, risk, compliance, and reporting workflows
  • Supports TradFi and digital assets across 120 integrations
  • Daily shadow NAV reconciliation and optional outsourced middle-office services

  Where it doesn't

  • Web access and cloud deployment are the only listed platform options
  • Pricing requires a tailored quote under a pay-as-you-scale model
  • Email is the listed support channel

• FHFIS Hedge Fund Portfolio Manager9.1/10 · Pricing on request

  A focused accounting and position-management system for established hedge funds.

  Contact FISFull verdict →
• HedgeGuard8.6/10 · Pricing on request

  A unified cloud platform for multi-asset portfolio, NAV, risk, and fund operations.

  Visit HedgeGuardFull verdict →