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B. G., Opalesque Geneva: Being able to conduct preliminary operational due diligence (ODD) on a manager or a service provider on the go, on your mobile, whilst riding the train to the office is no longer a daydream fantasy (if you've ever had such a one). Thanks to the soon-to-be omnipotent artificial intelligence (AI), we can ditch days of toil and use its many talents and datasets to deliver digested research in an instant.
Castle Hall Diligence, a Canada-based pioneer in integrating fintech within the DD process, has just launched such a mobile app called DiligenceAI . It places "comprehensive due diligence capabilities directly in the hands of our users at a fraction of the cost of traditional ODD," says Chris Addy, president and CEO of Castle Hall.
The app uses advanced AI technologies to analyse vast amounts of industry data. This enables the detection of patterns and potential risks that traditional methods may overlook. The dataset is a living one as Castle Hall adds new entities into the overall database, core regulatory information is updated periodically with a full refresh on an annual basis as new form ADVs are filed.
DD on asset managers and service providers
The features include the KYGP (Know Your General Partner) service, w...................... To view our full article Click here
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