Arcana
Arcana: A broad research and portfolio analysis suite for investment teams that value connected workflows. Ranked #14 of 22 in Hedge Fund Software by our editors (7.5/10); pricing: Pricing on request; best for research-led teams needing portfolio analysis.
At a glance
- Editor score7.5 / 10
- PricingPricing on request
- Best forResearch-led teams needing portfolio analysis
- Portfolio managementYes
- Facts checked24 Sep 2026
Where it wins
- Combines portfolio construction, scenario analysis, optimization, and attribution
- Tracks factor, thematic, stress-test, and intraday risk alongside exposures
- Connects research workflows with Microsoft tools, Slack, APIs, and MCP
Where it doesn't
- Pricing requires contacting sales rather than choosing a published plan
- The broad feature set may exceed the needs of teams seeking a narrow tool
- Availability of the 50+ data integrations by plan is not specified
Our verdict on Arcana
Arcana brings portfolio analysis and investment research into one platform for hedge funds, asset managers, and institutional teams. Portfolio managers and risk teams can use it for construction, scenario analysis, optimization, and exposure evaluation, while analysts can organize research, track ideas, and create mock portfolios. Its stated asset-class coverage includes equities, equity ETFs, and multi-asset risk analysis, making the product most relevant to teams seeking a research-led view of portfolios rather than a narrowly focused tool.
The breadth of analysis is a central consideration. Arcana lists performance attribution, factor and thematic analysis, stress testing, intraday risk analysis, and hedge evaluation, as well as analyst performance measurement across sectors and time periods. Research capture includes organization, classification, and search, with AI-powered synthesis and discovery across firm research and investment knowledge. Together, these features link research activity to portfolio decisions. Teams that primarily need basic portfolio tracking may find this scope more than they need; those comparing platforms should assess which of these workflows they expect to use.
Workflow fit is another strength: named integrations include Excel, Outlook, OneNote, Microsoft Teams, Slack, SharePoint, and OneDrive, alongside API/SDK access and an MCP connector for portfolio and research queries. Arcana describes 50+ data integrations, although their availability by paid plan is not specified. The vendor promotes demos rather than publishing prices, so buyers need to contact sales to evaluate cost. Web, Windows, iOS, and API access support a mix of desktop, mobile, and connected workflows. Arcana is a stronger fit for mid-market and enterprise investment teams that want portfolio, risk, and research functions together; teams prioritizing transparent pricing or a smaller feature scope may prefer to compare alternatives.
Your product? Our editors can test Arcana in depth and publish a review, labelled as paid · from $149/mo →
Arcana pricing
Arcana fact sheet
| Free plan | Not verified |
|---|---|
| Paid from | Not verified |
| Portfolio management | Yes |
| Order management | Not verified |
| Fund accounting | Not verified |
| Investor portal | Not verified |
| Supported asset classes | Equities; equity ETFs; multi-asset risk analysis |
| Listed integrations | 50 |
| Deployment | Cloud, Desktop, Mobile |
| Platforms | Web, Windows, iOS |
| Support | Email, Live chat, Docs |
| Built for | Mid-market, Enterprise (editorial estimate) |
| Integrations | 50+ integrations: Excel, Outlook, OneNote, Microsoft Teams, Slack, SharePoint … |
| Pricing | Pricing on request |
| Website | arcana.io |
| Facts checked | 24 Sep 2026 |
Arcana integrations
Arcana lists 50+ integrations on its own site — the 9 named here are the ones its pages call out.
- Excel
- Outlook
- OneNote
- Microsoft Teams
- Slack
- SharePoint
- OneDrive
- API/SDK
- MCP
Alternatives to Arcana
- FIS Hedge Fund Portfolio ManagerA focused accounting and position-management system for established hedge funds.9.1
- FundCountBroad fund accounting and investor reporting, with annual plans starting at $14,450.8.7
- HedgeGuardA unified cloud platform for multi-asset portfolio, NAV, risk, and fund operations.8.6
Used Arcana? Be the first to review it
The editor score above is our own research. What this page doesn't have yet is a reader's view — what you used Arcana for, what worked and what didn't. No stars are seeded and no review is paid for; an editor reads every one before it appears.
Write a reviewTwo minutes · verified accounts only · read by an editor before it appears
Featured on iTechGuides
Arcana is listed in our Hedge Fund Software directory. Add the badge to your site — it links back to this page.
<a href="https://www.itechguides.com/products/arcana/"><img src="https://www.itechguides.com/best/badge/arcana.svg" alt="Featured on iTechGuides" width="230" height="46"></a>
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.
Last updated · How we research and update