# Northstar Risk/Performance Software Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Is Northstar Risk/Performance Software the right Risk Management solution for you? Explore 11 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/136411/Northstar-Risk-and-Performance-Analysis-Platform/reviews --- Northstar Risk/Performance Software 5 (11) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated November 10th, 2025 # Reviews of Northstar Risk/Performance Software Ease of use 4.9 Customer Service 5.0 ## Showing most helpful reviews Showing 1-11 of 11 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use Stephen K. COO Financial Services Used the software for: 1-2 years ### "Excellent tool for hedge funds looking to understand both risk and performance. " January 17, 2023 5.0 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. Pros Great support.Great integration.Easy to use. Cons None, I really have nothing negative to write. Reason 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. Review Source CS Catherine S. Head of Marketing Financial Services Used the software for: 1-2 years ### "Great product for both internal risk management and investor reporting" May 20, 2025 5.0 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. Review Source DL Duane L. Chief Operating Officer Financial Services Used the software for: 1-2 years ### "Pioneer in Hedge Fund Risk " September 24, 2025 5.0 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. 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. Switched from [BarraOne](https://www.capterra.com/p/59716/BarraOne/) Customization and flexibility of reporting Review Source EM Emmanuel M. CRO Financial Services Used the software for: 6-12 months ### "Great risk system" October 11, 2023 5.0 Excellent 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) Review Source Alexander V. Managing Director Financial Services Used the software for: 2+ years ### "Robust Risk Platform for Hedge Fund Managers" June 28, 2019 5.0 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. 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. Review Source Jeffrey G. Chief Risk Officer Financial Services Used the software for: 2+ years ### "Comprehensive and customizable risk management solution for the buy side" October 4, 2023 5.0 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. Review Source cB chris B. Managing Partner Financial Services Used the software for: 1-2 years ### "Northstar" September 27, 2023 5.0 We have found the external risk assessments from Northstar to be invaluable and could not recommend it enough. 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. Review Source MF Michael F. CRO Financial Services Used the software for: 1-2 years ### "1 Year On " April 24, 2021 5.0 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 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. Reason for choosing Northstar Risk/Performance Software Technical Attributes & Cost Review Source JR Joseph R. Portfolio Manager Used the software for: 2+ years ### "Have used product for 2 years; excellent tool for understanding risk/performance of a hedge fund " July 19, 2017 5.0 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. Review Source TD Thiago D. Chief Financial Officer Financial Services Used the software for: 6-12 months ### "Amazing Plug and Play Platform" June 10, 2020 5.0 Huge optimization of time spent on development of risk reports. Pros Quick implementation process (our experience was plug and play). Real 24x7 high level professional and technical support. Very user friendly interface. Great reporting and analysis tool. Very easy to be personalized. Overall impressive and very positive experience. Cons None until now. Integration with our current system was incredibly easy. Reason for choosing Northstar Risk/Performance Software It really works! Review Source EG Edward G. Sr. Analyst Financial Services Used the software for: 1-2 years ### "Great product for hedge funds looking to manage risk and track performance" October 10, 2019 5.0 Pros Support is great, for ongoing or new features. Integration was seamless. The UI is easy to use and straightforward. Built-in risk model for commodity futures was more robust than other more expensive systems. Cons No big issues, I have found a great amount of value in the product Review Source Talk to a Capterra advisor for free and get results within 15 minutes.