Diligend partners with eVestment to to digitize and streamline operational and investment manager due diligence services
Diligend partners with Suite2Go to bring digital due diligence to investment firms in the APAC region
Diligend has partnered with Suite2Go to further extend its reach into Australia, New Zealand and Asia. The team at Suite2Go are very experienced in the asset management sector, with a keen interest in the superannuation fund sector. The partnership brings together complementary skill sets and years of combined experience benefiting institutional investor and fund manager clients in the region.
June 29 2022, New York, London, Dubai – Diligend, a cloud-based due diligence software provider for asset allocators and managers has partnered with Suite2Go, a specialist consultancy headquartered in Australia that connects FinTechs with financial services organisations. The partnership will allow Diligend to extend its reach in the Asia Pacific region, building on early successes.
Diligend’s digital due diligence platform was designed originally for asset allocators and clients include superannuation funds, endowments, sovereign wealth funds and investment consultants. The platform has recently expanded and now includes a platform for asset managers, hedge fund managers and GPs to speed up the DDQ response process and improve the quality of data provided.
With Suite2Go’s experienced Australian-based consulting team and network of financial services clients in the Asia Pacific region, Diligend has found a strong partner to amplify its platform and extend reach across the geography.
Wissem Souissi, CEO of Diligend says
“We’re really excited about working with Suite2Go, they’re a very knowledgeable team and really grasped the USPs of our platform. It’s great to have feet on the street in Australia and their understanding of the market, particularly the superannuation funds, is very strong. It’s a key time for the supers right now, the sector is evolving and we’re seeing huge demand for robust, institutional due diligence solutions that will enhance risk management processes and ensure compliance.”
Nathan Walker, Senior Consultant, Superannuation & Asset Management agrees saying,
“We are honoured to have been selected by Diligend to work with them in this region. Streamlining Operational and Investment due diligence (ODD, IDD) is a strong focus for our clients in Australia and Asia. Customising and automating a lot of the manual work involved in DDQ’s and RFP’s improves efficiency and reduces the workload for institutional asset owners and managers.”
Diligend has a very strong use case for asset allocators and GPs that are collecting and analyzing ESG and diversity data from managers or portfolio companies. Whilst many financial services firms in APAC have been focused on ESG for many years, the increased global regulatory scrutiny and data collection requirements are a concern for many businesses. Diligend’s ESG data collection tools and custom analytics dashboards make it fast and easy to score and compare portfolios and create reports for boards or shareholders.
Collecting, analyzing, and reporting accurate, comparable ESG data is now achievable in a matter of weeks using Diligend.
For more information about the Diligend and Suite2Go or to book a Diligend demo, click here
Diligend is transforming the investment management due diligence process with a digital platform that facilitates due diligence at scale.
Diligend has been designed specifically for the investment management sector to automate the collection, provision, analysis and reporting of due diligence and monitoring data.
Diligend was founded with a vision to transform the way institutional investors utilize qualitative information and uses natural language processing, AI, and advanced automation to gain greaterinsights into managers and funds.
Diligend counts many of the world’s largest asset owners amongst its clients, with a combined $19 Trillion AUM and over 5,000 monthly users.
Press Contact: Fiona Sherwood, CMO
Suite2Go is a financial software consultancy team of experienced professionals with deep working knowledge of the financial services industry and how to best solve for workflow challenges through technology solutions.
The firm was founded in 2017 with a team of 7, comprising Principals and Consultants with an average of 20+ years experience who have expertise across; capital markets, data management, regulatory and risk reporting, superannuation, asset, and wealth management, including front and back office and asset servicing. The team look to assist world class Fintech organisations to achieving success in their chosen target market by bringing solutions to the financial services industry to overcome challenges and address problems while saving cost and time for both buyers and sellers.
Press Contact: Leanne Bradley, Co-CEO