Canopy vs Hatcher+ FAAST

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.

Hatcher+ FAAST is a paid web platform for family offices, venture and private-equity firms, accelerators, angel networks, and university research groups. It covers deal sourcing, opportunity analysis, fund structuring, portfolio management, accounting, fund administration, and stakeholder reporting. Deal tools use a database of more than 500,000 global startups and support filtering, profile gathering, automated scoring, and competitive analysis. FundBuilder handles investment-vehicle registration, contract generation, and appointments of directors, managers, and administrators. E-KYC provides identity verification and Customer Due Diligence for investor onboarding. FAAST can generate fund documents, support e-signatures, and provide secure data rooms. BackOffice includes investor and portfolio accounting, NAV calculations, general-ledger functions, tax reporting, payables, and cash management. Reports use charts and tables and can be distributed through integrated mail merge. The platform supports custom branding, multiple languages, more than 50 currencies, multiple accounting standards, and precision to five decimal places. A 14-day trial includes all features.