Key Takeaways
- • Arcana, a portfolio intelligence platform built for hedge funds and asset managers, was named Best Analytics Tool at the 2026 Hedge Fund Services Awards, presented by With Intelligence, an S&P Global company.
- • Winners are assessed by an independent panel of senior hedge fund executives on commercial success, product innovation, future development potential, and client feedback.
- • Arcana states its platform is used by more than 300 institutions managing over $20 trillion in assets, according to the company's press release.
- • The platform combines portfolio construction, performance attribution, risk management, research, alpha capture, and AI-powered workflows in one system.
- • CEO and Co-Founder Rich Falk-Wallace framed the award as recognition of client-driven product development rather than a standalone milestone.
Summary
Arcana has been named Best Analytics Tool at the 2026 Hedge Fund Services Awards, presented by With Intelligence, an S&P Global company, according to a Business Wire announcement dated October 1, 2026. The awards recognize firms supporting the hedge fund industry across technology, operations, administration, and other critical services. Winners are selected by an independent panel of senior hedge fund executives who evaluate commercial success, product innovation, future development potential, and client feedback.
The company describes itself as a portfolio intelligence platform built for hedge funds and asset managers. Its offering brings together portfolio construction, performance attribution, risk management, research, alpha capture, and AI-powered workflows in a single institutional-grade system intended to give investment and risk teams a connected view of their portfolios. According to the release, the platform is used by more than 300 institutions managing over $20 trillion in assets. The company says it helps teams identify what is driving portfolio risk and performance, link research to portfolio context, and apply AI to data relevant to their investment process.
Rich Falk-Wallace, CEO and Co-Founder of Arcana, said the company aims to build the technology vision investors expect when entering the industry, and credited the team and clients for the recognition. He added that the platform's broader vision remains incomplete but is progressing faster than many expect. The release notes that the award follows continued expansion of Arcana's platform and client base across hedge funds and asset managers globally. The figures cited, including the 300-plus institutional users and $20 trillion in assets, are company-reported and were not independently verified in the source material.
The company describes itself as a portfolio intelligence platform built for hedge funds and asset managers. Its offering brings together portfolio construction, performance attribution, risk management, research, alpha capture, and AI-powered workflows in a single institutional-grade system intended to give investment and risk teams a connected view of their portfolios. According to the release, the platform is used by more than 300 institutions managing over $20 trillion in assets. The company says it helps teams identify what is driving portfolio risk and performance, link research to portfolio context, and apply AI to data relevant to their investment process.
Rich Falk-Wallace, CEO and Co-Founder of Arcana, said the company aims to build the technology vision investors expect when entering the industry, and credited the team and clients for the recognition. He added that the platform's broader vision remains incomplete but is progressing faster than many expect. The release notes that the award follows continued expansion of Arcana's platform and client base across hedge funds and asset managers globally. The figures cited, including the 300-plus institutional users and $20 trillion in assets, are company-reported and were not independently verified in the source material.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.