Alethia vs Group Vision Web

Alethia is entity management software for private equity, funds and investment managers, keeping entity records, ownership, documents and compliance information together. Structure charts use entity and ownership records and export to PDF, PowerPoint or Excel. The deal pipeline tracks six stages and can create a draft holding entity at Heads of Terms. Its funds-flow workflow checks whether sources and uses reconcile; someone other than the preparer must approve release. Incoming KYC requests are divided into requirements with proposed answers and identified sources, and each answer needs human approval. Alethia records bank accounts, signatories and mandate controls, but does not move money or show live payments. Entities and key fields can be imported from CSV. Two-factor authentication is required for all users, and material changes enter an append-only audit trail. The free plan covers five managed entities. Registry is listed at £1,000 per year, billed yearly at £12,000, excluding VAT, with a 12-month commitment and 100 active entities included; additional entities cost £10/month each.

Group Vision Web manages legal entity information, including capital, shareholdings, signature powers, directors and other representatives. Its group charting tool calculates direct and indirect ownership percentages without requiring plug-ins. Users can save report templates, generate reports for one or more entities, and export them to Excel, Word or PDF. Document Manager stores corporate documents in its database or links to documents in another application, with access restricted by user permissions. The product runs in a browser on desktops, tablets and smartphones. Askival offers cloud-hosted and on-premises deployments; hosted use can involve perpetual licences or a pay-as-you-go SaaS model. SAML 2.0 authentication and single sign-on are available for hosted and on-premises installations. The maker says its cloud hosting uses Microsoft Azure and EU datacentres described as ISO-certified. On-premises installations require Windows Server 2016 or later and Microsoft SQL Server 2012 or later; the application database needs 100 MB of disk space. Askival also offers migration, customisation, integration consultancy, helpdesk support and training. Pricing is on request.