The Times Australia
PR Newswire

.
Times Media

.

Deloitte partners with Diligend to digitize and streamline operational and investment manager due diligence services

Deloitte partners with Diligend to digitize and streamline operational and investment manager due diligence services

NEW YORK, Feb. 17, 2021 /PRNewswire/ -- Diligend, a leading investment management software provider that brings the power of technology to institutional investors and consultants, today announced it has added Deloitte Consulting as a client.

Deloitte will use Diligend's solution to digitize and streamline their processes, which include Operational Due Diligence (ODD) on investment managers and service provider RFPs and client surveys. The tool will be further used to enhance benchmarking and reporting functionality.

"As we look to provide the best service to our clients, we have been observing the evolution of technologies in this segment for a while. We found that Diligend was the best fit to our needs and their team aligned to our long-term objectives," commented Mark Archer, Director, Investment and Wealth Advisory, Deloitte Consulting.

Diligend specializes in the collection and in-depth analysis of qualitative and quantitative fund manager data. From initial onboarding to ongoing monitoring, for ODD, manager research, ESG and compliance teams. The technology allows users to efficiently collect, digitize, score and produce IDD and ODD reports on important investment and operational tenets.

"We are glad to have one of the Big Four as a client. This is a prestigious confirmation about how our technology is unique and suited to the needs of top consulting firms. We are looking forward to a fruitful and long-term collaboration with Deloitte Consulting. Our growth in clients over the past few months shows the expanding demand for digitizing and enhancing traditional procedures."

"We believe any institutional investor or consultant can effectively transform their due diligence and monitoring processes by deploying our specialized technology," Wissem Souissi, Founder and CEO at Diligend commented.

Deloitte joins a growing client roster list for Diligend and continues to prove the value of employing a full suite of due diligence, research, collaboration and reporting tools.

Diligend continues to deliver an effective due diligence and monitoring solution to a growing number of clients in a wide variety of regions. The software is continuously updated and enhanced in response to each client's needs. Diligend's approach enables all organizations to use the power of technology to make substantial gains in the efficiency and accountability of their due diligence process, both in the hiring and monitoring of third-party funds and firms.

Contact: Louise Verga +1 (857) 304-0007 info@diligend.com[1]

Source: Diligend, Inc.

References

  1. ^ info@diligend.com (www.prnasia.com)

Read more https://www.prnasia.com/story/archive/3279883_AE79883_0

The Times Features

The Budget-Friendly Traveler: How Off-Airport Car Hire Can Save You Money

When planning a trip, transportation is one of the most crucial considerations. For many, the go-to option is renting a car at the airport for convenience. But what if we told ...

Air is an overlooked source of nutrients – evidence shows we can inhale some vitamins

You know that feeling you get when you take a breath of fresh air in nature? There may be more to it than a simple lack of pollution. When we think of nutrients, we think of t...

FedEx Australia Announces Christmas Shipping Cut-Off Dates To Help Beat the Holiday Rush

With Christmas just around the corner, FedEx is advising Australian shoppers to get their presents sorted early to ensure they arrive on time for the big day. FedEx has reveale...

Will the Wage Price Index growth ease financial pressure for households?

The Wage Price Index’s quarterly increase of 0.8% has been met with mixed reactions. While Australian wages continue to increase, it was the smallest increase in two and a half...

Back-to-School Worries? 70% of Parents Fear Their Kids Aren’t Ready for Day On

Australian parents find themselves confronting a key decision: should they hold back their child on the age border for another year before starting school? Recent research from...

Democratising Property Investment: How MezFi is Opening Doors for Everyday Retail Investors

The launch of MezFi today [Friday 15th November] marks a watershed moment in Australian investment history – not just because we're introducing something entirely new, but becaus...

Business Times

Will the Wage Price Index growth ease financial pressure for hous…

The Wage Price Index’s quarterly increase of 0.8% has been met with mixed reactions. While Australian wages continue to i...

Protecting Your Business from Cyber Threats: The Critical Role of…

In today’s digital world, cybersecurity threats pose a significant risk to businesses of all sizes. A data breach can lead ...

Kyndryl ANZ appoints new Head of Strategic Partnerships and Allia…

Former Head of Marketing to lead and grow Kyndryl’s local channel ecosystem and bolster technological capabilities Kyndr...