We digitise the operational due diligence process you already run. Your questionnaires, your workflow, your review steps, applied identically to every fund so your team covers more managers without adding headcount.
Three pillars, one purpose: take the ODD process your team already runs and make it faster, consistent and defensible to your investment committee.
Your questionnaires, your review steps, your sign off. Configured to the way your team already works, running in software instead of email and spreadsheets.
Identical questions, identical checks and identical flags across the portfolio, so your ODD conclusions are consistent and defensible to the investment committee and the regulator.
More funds covered per analyst. Recurrence, deadlines, document chasing and tracking handled by the system rather than by a spreadsheet and someone's memory.
Your analysts were hired to assess operational risk, not to chase documents and re-key answers into spreadsheets. Set the four numbers below to match your team and see the hours, the cost and the coverage you get back.
Start from a profile, or set each number yourself.
Default set to 70%, below the 90% our clients report on DDQ completion alone, because a full review also contains judgement that should not be automated.
additional managers the same team could review each year, without hiring
analyst time currently spent on work that produces no risk insight
The hours removed are the administrative ones: Chasing managers for documents, re-keying answers, reformatting and consistency checking. The judgement stays with your team, it just gets a far bigger share of the day.
Even on the cautious 40% setting, this team recovers 1,440 hours and $120,000 a year.
Hourly rateFully loaded annual cost divided by 1,800 working hours, which is a normal year net of holiday, public holidays and leave. Using 2,080 hours instead would lower the hourly rate and understate the cost of manual work.
Reviews per yearManagers under coverage multiplied by review frequency. A team covering 150 managers on a semi-annual cycle runs 300 full reviews a year.
Time removedApplies only to the administrative portion of a review: Requesting and chasing documents, re-keying responses, reformatting, and checking answers are consistent across funds. Analytical judgement is not automated and is not counted as a saving.
Coverage headroomThe recovered hours divided by the time a review takes once the administrative work is removed. It answers the question allocators actually face, which is not how to cut the team but how to cover more managers with the team they have.
Efficiency rangeSet between 40% and 85%. Clients report up to 90% on DDQ completion specifically. The 70% default is deliberately below that, because a full ODD review contains work that should stay manual.
What is excludedNo estimate is included for faster review turnaround, reduced key person risk, audit trail value, or the cost of an operational failure missed under a manual process. Those are real, but they are not modelled here.
Your process, running in software, applied the same way to every fund.
Hear from the investment teams who have transformed their due diligence process with AlternativeSoft.
The AlternativeSoft platform is an intuitive application that is additive to our portfolio construction and risk monitoring processes. The support team has been very helpful in supporting our implementation and on-going use of the software.
AlternativeSoft is a practical and user-friendly tool used as part of our portfolio construction and risk management process. Their extensive support and responsiveness provides added value.
From statistical analysis on a single hedge fund, screening the investment universe, peer group analysis, FoHF portfolio construction to risk analysis and stress testing, AlternativeSoft is one of the most effective, intuitive, and efficient tools I have handled.
AlternativeSoft has become an integral part of our investment process thanks to its extensive quantitative tools for hedge fund analysis and its flexible portfolio construction and risk management modules. Client support is very responsive and efficient.
AlternativeSoft provides a user-friendly, powerful tool for asset allocators that takes into account higher moments of distributions.
See why the world's leading pension funds, endowments and family offices trust AlternativeSoft for their due diligence process.
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The questions allocators ask us most often when they are moving an existing ODD process into software.
Your own. The platform is configured around the process you already run: your questionnaires, your review steps, your sign off and your recurrence schedule. If you would rather not rebuild from scratch you can start from our operational, ESG, risk and compliance templates, but nothing obliges you to change the way your team works.
Investment due diligence assesses whether a fund is likely to perform: strategy, returns, risk adjusted statistics and peer comparison. Operational due diligence assesses whether a fund is safe to invest in operationally: ownership and structure, service providers, controls, financials, compliance and key person risk.
Operational due diligence software digitises that assessment. It holds the questionnaires that gather the information, the review workflow that scrutinises it, and the record that evidences the conclusion.
For allocators. The workflow, the permissions and the outputs all assume you are the one assessing the manager rather than the one being assessed. Several competing tools began life as fund manager software and were later pointed at allocators, and they carry the manager's assumptions with them.
That depends on how much of your current cycle is manual. The gains come from three places: questionnaire collection and chasing handled by the system, document data extracted rather than re-keyed, and recurrence and deadlines tracked automatically.
Clients report up to 90% of analyst time saved on DDQ completion. We will size the likely gain against your own fund count and analyst headcount during the demo.
Yes. A questionnaire you use today in PDF or Word can be converted into an interactive form in seconds. Completed fund documents, factsheets, PPMs, financials and regulatory filings can be uploaded into the document library so previous cycles sit alongside the current one.
Managers respond through the platform rather than by email attachment, so returns, documents and questionnaire responses land directly in the fund's file. Automated reminders chase outstanding submissions on the schedule you set, which takes the follow up email out of your analyst's week.
AI sits inside the workflow as a time saver, not as a decision maker. It drafts answers from your fund documents and extracts data from any document or file you upload, so your analysts stop re-typing.
Every drafted answer is flagged for review, fully editable, attributable to the reviewer who approved it and traceable back to its source document. Nothing enters the file without a person accepting it.
Every review, flag, approval and compliance scan is timestamped and stored, so the evidence of what was checked and when is produced as a by product of doing the work rather than as a separate reporting exercise. Completed questionnaires and compliance scans can be exported for the investment committee or produced on request.
Yes. A free 14 day trial is available, and most teams start by running a handful of funds through their own process in the platform before committing the full ODD programme.
Your data remains yours. Questionnaire responses, documents and completed reviews can be exported. Specific retention, data residency and exit provisions are set out in the contract and reviewed with your IT and compliance teams during procurement.
Still weighing it up? Book a demo and we will walk one of your own funds through your own process in the platform, or download the brochure to share with your team.
Join 150+ institutional investors running their operational due diligence in AlternativeSoft. Book a demo and we will walk your own process through the platform.
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