# Northstar Risk/Performance Software Software Reviews, Demo & Pricing - 2026 > Review of Northstar Risk/Performance Software Software: system overview, features, price and cost information. Get free demos and compare to similar programs. Source: https://www.softwareadvice.com/financial-risk-management/northstar-risk-and-performance-analysis-platform-profile --- [Home](https://www.softwareadvice.com/) / [Risk Management Software](https://www.softwareadvice.com/risk-management/) / Northstar Risk/Performance Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. Overview # Northstar Risk/Performance Software 2026: Benefits, Features & Pricing Wondering if Northstar Risk/Performance Software is right for your organization? Our Risk Management Software selection experts can help you in 15 minutes or less. On this page - Overview - User Interface - Popular Alternatives - Pricing and Plans - Features - User Reviews ## Overview Northstar Risk/Performance Software 5.0 [(12)](https://www.softwareadvice.com/financial-risk-management/northstar-risk-and-performance-analysis-platform-profile/#reviews) Pricing Pricing available upon request ### About Northstar Risk/Performance Software Northstar provides a complete solution for today’s hedge funds: market risk management, performance analysis, real-time alerts, liquidity management, investor reporting, and model validation, all in one integrated platform. Northstar is not just software, it's a service. Other vendors require you to build complex systems to import, export and store data. At Northstar, our experts will fully integrate your back office systems with our platform. Wondering if Northstar Risk/Performance Software is right for your organization? Our Risk Management Software selection experts can help you in 15 minutes or less. ## Northstar Risk/Performance Software User Interface ## Popular Northstar Risk/Performance Software Alternatives Main Product Northstar Risk/Performance Software 5.0 [(12)](https://www.softwareadvice.com/financial-risk-management/northstar-risk-and-performance-analysis-platform-profile/#reviews) Ratings Breakdown - 4.92Ease of use - 4.73Value for money - 5.0Customer support - 5.0Functionality Pricing Available upon request Get Price Alternative Product [Pirani](https://www.softwareadvice.com/risk-management/pirani-riskment-suite-profile/) 4.5 [(208)](https://www.softwareadvice.com/risk-management/pirani-riskment-suite-profile/reviews/) Ratings Breakdown - 4.52Ease of use - 4.35Value for money - 4.58Customer support - 4.37Functionality Pricing Starting at $276.00 per month Get Price Alternative Product [Wrike](https://www.softwareadvice.com/project-management/wrike-profile/) 4.4 [(3016)](https://www.softwareadvice.com/project-management/wrike-profile/reviews/) Ratings Breakdown - 4.18Ease of use - 4.20Value for money - 4.33Customer support - 4.31Functionality Pricing Starting at $10.00 per month Get Price Alternative Product [D&B Finance Analytics](https://www.softwareadvice.com/erp/dandb-credit-profile/) 4.5 [(137)](https://www.softwareadvice.com/erp/dandb-credit-profile/reviews/) Ratings Breakdown - 4.53Ease of use - 4.19Value for money - 4.13Customer support - 4.35Functionality Pricing Starting at $1200.00 per year Get Price Alternative Product [MasterControl Quality Excellence](https://www.softwareadvice.com/manufacturing/mastercontrol-profile/) 4.5 [(534)](https://www.softwareadvice.com/manufacturing/mastercontrol-profile/reviews/) Ratings Breakdown - 4.14Ease of use - 4.16Value for money - 4.48Customer support - 4.20Functionality Pricing Starting at $25000.00 per year Get Price Alternative Product [KAWAK](https://www.softwareadvice.com/manufacturing/kawak-profile/) 4.6 [(338)](https://www.softwareadvice.com/manufacturing/kawak-profile/reviews/) Ratings Breakdown - 4.67Ease of use - 4.64Value for money - 4.75Customer support - 4.52Functionality Pricing Starting at $238.00 per month Get Price ## Northstar Risk/Performance Software Pricing and Plans Starting price: Connect with an advisor for pricing Free Trial Free Version Northstar Risk/Performance Platform Pricing available upon request No plan information available Confused about pricing? 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Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates. ## Northstar Risk/Performance Software Features - Popular features found in Risk Management Alerts/Notifications Audit Management Compliance Management Corrective and Preventive Actions (CAPA) Document Management Incident Management Internal Controls Management Mobile Access Response Management Risk Analysis Risk Scoring Scenario Planning - More features of Northstar Risk/Performance Software API Audit Trail Counterparty Risks Dashboard Financial Risk Reporting For Hedge Funds Investor Reporting Liquidity Analysis Market Risk Management Performance Analysis Performance Metrics Portfolio Analysis Portfolio Management Portfolio Modeling Profit/Loss Statement Rate of Return Analysis Real-Time Reporting Reporting/Analytics Risk Assessment Risk Reporting Stress Tests ## Northstar Risk/Performance Software User Reviews Overall Rating 5.0 Ratings Breakdown 5 100% 4 0% 3 0% 2 0% 1 0% Secondary Ratings Ease of Use 4.9 Value for money 4.7 Customer support 5.0 Functionality 5.0 Have you used Northstar Risk/Performance Software and would like to share your experience with others? Stephen K. Verified reviewer Financial Services 2-10 employees Used daily for less than 2 years Review source Reviewed January 2023 Excellent tool for hedge funds looking to understand both risk and performance. 5 We needed a CRO function and Northstar is perfectly that. As a matter of fact it is better than having an internal CRO as Northstar is truly independent. I highly recommend their risk consulting services as well as their risk technology offering. Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Great support.Great integration.Easy to use. Cons: None, I really have nothing negative to write. Reasons for choosing Northstar Risk/Performance Software I had long known of \[SENSITIVE CONTENT\] and his deep professional and academic experience in risk management. We were in need of a risk management technology, but even more so risk consulting services to serve as an Outsources-CRO. \[SENSITIVE CONTENT\] was the only one who could measure up and he has hit the mark. Read More VR Verified Reviewer Financial Services 2-10 employees Used daily for less than 2 years Review source Reviewed April 2026 You can't go wrong picking NorthStar as your Risk Management software 5 Excellent experience, \[sensitive content hidden\] is the guru of risk management, and he has used his knowledge, experience and skills to build a quality product, and assembled a great team around him to expand and support the software. They have a client first mentality which carries through their business conduct and all client interactions. The onboarding was managed professionally, and the project was completed within promised time period. Ratings Breakdown 5 Ease of use 4 Value for money 5 Customer support 5 Functionality Pros: Best Analytics for financial asset risk management, and in particular for commodities which require taking account of seasonality for the historical data series used in VaR. User interface is excellent, configurable and easy to use. Product support is the best in the industry based on my 40 year experience. They provide an up to date product that is head and shoulders above other industry competitors at a very competitive price , so its a great value for the money. Cons: Security requirement to whitelist your IP when accessing the software - OK if you are using a static IP address network, a bit more cumbersome if you have a random assigned IP (home access) which may change from time to time. Read More DL Duane L. Verified reviewer Financial Services 11-50 employees Used daily for less than 2 years Review source Reviewed September 2025 Pioneer in Hedge Fund Risk 5 Very positive experience with \[sensitive content hidden\] "can do" attitude as well as the broader team's ability to deliver quickly and efficiently. It helps that the team is English-speaking and based in the US and many if not all have previous hedge fund experience. Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Northstar thrives on product complexity and provides "check the box" components expected for risk measurement in addition to periodic insights/analysis from \[sensitive content hidden\] a true passionate and very qualified academic and risk practitioner. Most hedge funds required bespoke reporting (versus canned) where Northstar thrives. Cons: For security, Northstar will whitelist your IP address to access the system. For those with dynamic IP, you will need to contact them to update this. Reasons for switching to Northstar Risk/Performance Software Customization and flexibility of reporting Read More CS Catherine S. Verified reviewer Financial Services 2-10 employees Used monthly for less than 2 years Review source Reviewed May 2025 Great product for both internal risk management and investor reporting 5 Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Great product for hedge funds looking to manage risk and track performance statistics. The Northstar team is very responsive to bespoke requests. Consider this as effective as employing an in-house risk manager. Cons: No complaints. An enhancement could be to make the product accessible via a mobile app. Or integrate with a CRM software so that customized reports can be efficiently distributed to LPs. Read More EM Emmanuel M. Verified reviewer Financial Services 11-50 employees Used daily for less than 12 months Review source Reviewed October 2023 Great risk system 5 Excellent Ratings Breakdown 5 Ease of use 5 Customer support 5 Functionality Pros: Northstar is a comprehensive risk platform which can help asset managers analyze their risk(s) and PnL attribution. It covers a wide range of asset classes and has the huge benefit of coming with independent data. Coupled to its various risk libraries (covering merger arb as well, which is quite rare), it provides insight into your portfolio risk and can easily be used by all stakeholders within the firm, from PMs to Management and Risk. Contrary to many other risk systems, it is set up so that it can provide an accurate PnL of the portfolio, which means that your PnL attribution is realistic and ties back to the PnL that you get from your GL. The team at Northstar is small but very responsive and capable. The product has already many features available, but if you need something customised, it is possible as well. The GUI is easy to navigate and allows for easy grouping/drilling into the portfolio, including time series analysis of various fields. Overall, a great product which solves a lot of issues that would take a lot of effort to build and maintain internally otherwise. Cons: Nothing critical, but nice developments for the future would be:- ability to access on mobile devices/web browser- ability for end-user to input data into the app directly (for selected use cases at least)- additional filtering options in the Screens- constituents drill-through sensitivities (without having the full breakdown of indices/ETFs) Reasons for switching to Northstar Risk/Performance Software Norhstar is much more cost-effective and requires far less maintenance Read More Alexander V. Verified reviewer Financial Services 2-10 employees Used daily for more than 2 years Review source Reviewed June 2019 Robust Risk Platform for Hedge Fund Managers 5 We use Northstar's platfrom daily - it is practical, easy to use, and reliable. The data is presented in a very intuitive and visual way. Northstar has a robust risk engine behind its friendly UX, which precisely monitors risk and performance of our portfolio. It works well on both security level and portfolio level, allowing us to get a great precision on our numbers. This is a day and night difference compared to our previous risk system, a well known product which was overcluttered with useless reports and features and had a simplistic risk engine. We do not see a more compelling product for hedge fund risk management than Northstar. Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: 1\. Intuitive design - Easy to use and understand. 2. Detailed reporting - Profit Attribution and Factor Analysis dashboards are highly functional 3. Flexible and customizable - Create your own reports and dashboards 4. Accurate - Data always makes sense 5. Reliable - System has not been down since we implemented it 6. Good integration Cons: 1\. web / iOS / Android app would be a nice feature 2. testing impact of potential trades on overall portfolio risk should be more automated. Reasons for switching to Northstar Risk/Performance Software Northstar is by far a superior product. Read More Jeffrey G. Verified reviewer Financial Services 11-50 employees Used daily for more than 2 years Review source Reviewed October 2023 Comprehensive and customizable risk management solution for the buy side 5 Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Customizable user interface and reporting package Cons: Not many downsides to mention. When we have suggested new features and pointed out problems they have been dealt with swiftly. A nice improvement would be exposing some of the model parameters and instrument overrides in the user interface. Read More cb chris b. Verified reviewer Financial Services 2-10 employees Used daily for less than 2 years Review source Reviewed September 2023 Northstar 5 We have found the external risk assessments from Northstar to be invaluable and could not recommend it enough. Ratings Breakdown 4 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Northstar Risk is a comprehensive risk platform that addresses our use case of a portfolio with a wide range of asset classes. Their attention to detail and breadth coupled with their readiness to work through nuances and create bespoke solutions is second to none. Cons: While the output from the platform is stellar, the application itself can be somewhat slow on our machines. This is by no means an issue, but if one had to be chosen, this would be it. Reasons for switching to Northstar Risk/Performance Software Our previous risk provider was unable to coherently measure risk across the asset classes we cover, resulting in risk numbers that were often a point of dismissal as opposed to accretive to our workflow. Read More MF Michael F. Verified reviewer Financial Services 11-50 employees Used daily for less than 2 years Review source Reviewed April 2021 1 Year On 5 We use it as the daily deep-dive on risk & return attribution as well as the risk characteristics for a multimanager multistrategy hedge fund. We would not be able to run the business without NorthStar Ratings Breakdown 5 Ease of use 3 Value for money 5 Customer support 5 Functionality Pros: 1) Quality of product - Technical Attribtues 2) Customer Support 3) Easy To Use Cons: Not much to say that I dont like. There are less expensive solutions out there, so if $ is your only criteria, probably not for you. But in terms of value for the $, its the best that I've ever used. Reasons for choosing Northstar Risk/Performance Software Technical Attributes & Cost Reasons for switching to Northstar Risk/Performance Software Technical Attributes of the platform Read More JR Joseph R. Used daily for more than 2 years Review source Reviewed July 2017 Have used product for 2 years; excellent tool for understanding risk/performance of a hedge fund 5 Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: The product allows a portfolio manager to understand in-depth a portfolio's risk and performance by security and industry (and numerous other factors) over any time period. The analytical engine of the software is quite robust, yet the product is easy to use. Moreover, the team at Northstar is extraordinarily knowledgeable, yet very approachable and responsive. Cons: I can honestly say that there is not much that I dislike about the software. I would like to have an IOS app, however. Read More Showing 1 - 10 of 12 Reviews Load More Reviews ## Other Top Recommended Risk Management Software [VelocityEHS](https://www.softwareadvice.com/compliance/velocityehs-profile/) **4.4** (85) Recently recommended **33** times [Resolver](https://www.softwareadvice.com/pci-compliance/grc-cloud-profile/) **4.4** (79) Recently recommended **14** times [Sprinto](https://www.softwareadvice.com/compliance/sprinto-profile/) **4.7** (86) Recently recommended **12** times [NAVEX IRM](https://www.softwareadvice.com/product/76152-Navex-IRM/) **4.7** (20) Recently recommended **10** times Stuck Between Options? Our experts can help you compare Northstar Risk/Performance Software with other top options, so you can find the best fit for your needs. ## See what companies are saying about Software Advice