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Why is Backstop offered as web-based software?

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Why is Backstop offered as web-based software?

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Backstop was designed specifically for hedge fund managers. We know that our clients’ goal is to deliver maximum value to their investors, so they don’t need to be distracted with the hassles of maintaining additional hardware or software. Additionally, on-demand software delivery allows us to seamlessly upgrade clients with a new software release every 6-8 weeks, while maintaining a scalable enterprise-class technology infrastructure that would be out of reach for most individual hedge funds.

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