DiligenceVault

DiligenceVault is a secure digital diligence platform designed by DiligenceVault Corp. According to the vendor, the platform aims to streamline and automate due diligence processes, removing dependency on manual and error-prone methods. It caters to companies of all sizes, from small businesses to large enterprises, and is utilized by professionals in various industries such as asset management, investment consulting, wealth management, private equity, and hedge funds.

Key Features

Manager Research & Fund Selection: According to the vendor, DiligenceVault enables users to digitize their manager research process by collecting data directly from external managers. The platform automatically flags risk areas and compliance issues, fostering transparency and collaboration within the team.

Automate Reporting Needs: DiligenceVault claims to automate the generation of Investment Committee memos, factsheets, and opinion reports. The platform eliminates manual copy/paste tasks from multiple data sources and allows users to create presentations from their research data with just a few clicks.

Integrate Regulatory Data Source: The vendor states that DiligenceVault offers integration with the FormADV regulatory data module. This integration allows users to identify new investment prospects, review inbound managers' profiles, track historical changes, and receive timely email alerts regarding FormADV filing changes.

Operational Due Diligence: DiligenceVault provides tools to digitize the operational due diligence framework. Users can collect data and documents from asset managers for initial and ongoing monitoring. The platform automatically highlights risk areas, outliers, and compliance issues, while facilitating transparency and collaboration among team members.

ESG / Impact Due Diligence: DiligenceVault offers support for ESG research and monitoring requirements. The platform provides pre-defined industry-standard reporting templates, enabling users to build transparency from external managers and portfolio companies. Diligence frameworks can be analyzed, and manager characteristics can be benchmarked.

RFP Management: According to the vendor, DiligenceVault centralizes the management of firm, strategy, and fund Due Diligence Questionnaire (DDQ) content. Users can easily populate consultant and third-party databases, collaborate across the firm to develop database responses, and track response status with an audit trail of approvals.

ESG and DEI Data Collection and Reporting: DiligenceVault claims to provide a standards-based approach for ESG data collection. The platform streamlines the submission process for portfolio companies, enhances visibility into data and responses, and creates a scalable framework for capturing key ESG metrics.

Subadvisory Compliance: DiligenceVault enables users to digitize sub-advisor due diligence and oversight. The platform facilitates the collection of data and documents from sub-advisors for initial and ongoing monitoring. Users can collaborate with sub-advisors, compliance teams, and external counsel, leveraging integrated risk-based analytics for oversight and governance.

Inbound Investment Pitches: DiligenceVault offers features to centralize the management of inbound investment pitches. Users can build a repository of usable, structured pitch data and documents, collaborate with asset managers and subject matter experts, and gain insights and transparency into the pitch review and diligence process.

Database Reporting: DiligenceVault allows users to easily populate consultant and other third-party databases. The platform provides a centralized location to store third-party database templates, facilitating collaboration across the firm to develop database responses. This ensures consistency and minimizes errors in database reporting.