Mon, Apr 23, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

DiligenceVault partners with AIMA, AITEC, ILPA, UNPRI

Friday, January 26, 2018
Opalesque Industry Update - DiligenceVault, a data-driven platform for investment research and due diligence, is excited to announce a partnership milestone in digitization and standardization of industry data. DiligenceVault has signed agreements with the following thought leaders: Alternative Investment Management Association (AIMA), Principles for Responsible Investment (UNPRI), and AITEC. This adds to existing Institutional Limited Partners Association (ILPA), Mutual Fund and ETF questionnaires on DiligenceVault.

Institutional and wealth investors leverage DiligenceVault to digitize and centralize their text heavy research information, including RFIs, RFPs, and DDQs and combine it with publicly available data sets to create an analyzable repository of structured data. Asset managers with mutual fund, hedge fund, private markets offerings, including SMAs benefit from standardized questionnaires and intelligent automation driven by natural language processing algorithms. The DiligenceVault platform allows asset managers to efficiently respond to multiple investors, helping them scale their active investor engagement by eliminating manually intensive copy and paste tasks.

"Our vision has been to create a mutualized and vertically integrated SaaS platform where both parties to a diligence and investment transaction derive significant value, and we are thrilled with the strong industry adoption," commented DiligenceVault founder Monel Amin. Plan sponsors, E&Fs, insurance and bank platforms, consultants with a combined asset base of $3 trillion are enjoying the benefits of technological innovation on the platform.

"The hedge fund due diligence process has never been more extensive than it is today," said Jennifer Wood, Managing Director, Global Head of Asset Management Regulation & Sound Practices, AIMA. "Fund investors are asking for ever greater levels of transparency prior to making an investment, while fund managers are having to provide data on their expanding product lines as the industry continues to expand and evolve. By providing access to our DDQ on its platform, DiligenceVault will help managers and investors streamline and simplify this process."

DiligenceVault also works to stay on the forefront of cybersecurity and data security best practices in the industry. "AITEC seeks to promote a collaborative approach to managing cybersecurity within the financial services industry. The AITEC-AIMA DDQ is a key resource for our members, and our partnership with DiligenceVault has given this tool more visibility within the industry. Both organizations understand that technology holds the most potential when guarded by best practices in risk management," noted Erin Calderon of AITEC.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its