We are pleased to introduce a number of new features to DiligenceHub, which give you and your colleagues valuable new ways to identify and analyze due diligence risks across your portfolios. 

We are especially proud that our technology developments now apply equally to both OpsDiligence and ESGDiligence. As our clients give ever more attention to ESG as we adapt to this new “live with Covid” world, Castle Hall’s tech team have been committed to roll out our new FinTech tools to ESG due diligence alongside the existing ODD platform.

There’s a lot to cover, so we will be holding a client webinar on Thursday June 25 at 10am EST. This is open to all Castle Hall clients, and over an hour key professionals from our team will walk you through the many new features of DiligenceHub. Our Client Support team will also be reaching out in case one on one updates or more detailed training on DiligenceHub could be helpful.

For a quick overview of the new analytics tools, this short video highlights the key benefits of the new tool. We’ve also quickly written up the main changes below.

We hope you can connect with us next week!

Turn Diligence Into Data, and Data into Diligence

As due diligence evolves to become ever more institutional in its scope and sophistication, Fintech tools are vital to enable investors to move beyond the obvious limitations of spreadsheets and Word documents. In creating DiligenceHub, Castle Hall’s goal is to equip you with information which makes your diligence workflow more efficient, helps generate new insights, and moves you up the “value chain” as you oversee your external asset manager relationships. In this Covid environment, speed is also critical – as you screen, onboard and then monitor managers, diligence needs to proceed quickly to help capitalize on new opportunities and protect your capital and your beneficiaries.

Within the Analytics tab of DiligenceHub, you can now search for more than 200 Castle Hall diligence analytics factors. You can see which funds and managers trigger the same analytics, and investigate whether the relationship between managers is in line with your expectations – or is potentially an outlier.

Then, you can click through to see – for any of those 200 plus factors – how many managers in your portfolio have triggered that factor, AND then compare to Castle Hall’s entire peer group, which includes as many as 3,000 funds.

As we noted above, Castle Hall is especially proud to also make our peer group benchmarks available for ESG. Within our RIM (Responsible Investment Manager) module, you can immediately see how many of your managers:

• Are not members of the PRI
• Have not adopted carbon offsets for plane travel
• Have less than 30% of female senior investment professionals
• Have had an action, claim or investigation related to sexual harassment or other workplace behaviour
• Do not have a modern slavery policy

You’ll notice that our Peer Group data is called the Castle Hall “DiligenceExchange Benchmark”. This is part of our exciting DiligenceExchange initiative where, in the Covid-19 world, we look for new ways to leverage our growing due diligence footprint and make due diligence faster, cheaper and more effective for both investors and asset managers. We look forward to sharing more about DiligenceExchange in coming weeks!

The Castle Hall Team.