Canopy vs Ginkgo

Canopy brings wealth records from multiple custodians into a consolidated, reconciled portfolio view for family offices, external asset managers, and private banks. It connects to more than 250 custodians through direct feeds, real-time SWIFT, and statement parsing, and covers assets from equities and cash to private markets and real estate across multiple entities. Portfolio accounting includes daily revaluation, cost basis, profit and loss, FX attribution, accruals, corporate actions, and double-entry bookkeeping. Analytics cover returns, risk, exposure, scenario modeling, benchmarking, allocation, mandate monitoring, and cash flow forecasting. Teams can create custom or white-label reports and schedule delivery. The client portal offers iOS and Android apps, role-based access, and AI chat. Optional AI tools include portfolio questions with cited answers, PDF analysis, and transaction classification; Canopy says client data is not used to train shared AI models. Pricing depends on scope and is available on request. Listed annual plans start at $15,000 a year for a Single Family Office, with a one-year commitment.

Ginkgo is a web-based wealth-management platform for family offices and corporate investment platforms. It ingests, parses and reconciles financial information across asset classes from custodian feeds, data APIs and emailed PDFs, contract terms and screenshots. Its core capabilities include AI-powered data ingestion, forecasting passive asset events and customizable output. Supported assets span equities, fixed income, funds, structured products, options, private equity, alternatives, crypto and multi-currency cash. Ginkgo performs daily two-way trade reconciliation and says it detects errors automatically and sends alerts. Users can configure charts themselves in 10 minutes, request team customization in one day, or ask for a PPT/PDF template to be replicated in one week. It aggregates custodian feeds and APIs; Bloomberg feeds and sell-side research are inputs for corporate bond analysis. Ginkgo says data is hosted in AWS Singapore and does not leave Singapore. Described safeguards include AWS KMS key management, AES-256 storage encryption, TLS transmission encryption, role-based access and multifactor authentication. Third-party security certification status is still to be confirmed. Pricing is on request; deployment is free for 4–8 weeks, and the listed trial rate is $1,000 a month, with contract rate thereafter.