Sign In
sign up
Menu
Sign In
sign up
shutterstock_425413267.jpg

A Digital Transformation for Due Diligence

 

For investors, operational due diligence is now a structured and consistent discipline, applied to all external managers and all asset classes. Diligence workloads have expanded significantly, especially when dealing with ongoing monitoring.

Even before Covid-19, more investors conducting more due diligence more frequently meant higher costs and an inherently duplicative process. In today's unprecedented environment, the problem is magnified: repetitive WFH Zoom conference calls add a new layer of inefficiency in a period of crisis.

DiligenceExchange was created as a solution to the evident ODD duplication problem that existed long before Covid-19. For investors, our online portal, DiligenceHub, provides consistent, validated due diligence, available for every manager and fund in a portfolio. For investment managers, Castle Hall saves time by enabling the manager to work with our diligence team on behalf of multiple investors.

1
Join DiligenceExchange - our online diligence community. 100% free for investors and investment managers.
2
Managers introduce investors to Castle Hall. Investors introduce managers to Castle Hall. Investors then access diligence on DiligenceExchange members at reduced cost.
3
Everyone saves time and money!
Contact us to learn more about Castle Hall's DiligenceExchange

step 2 202102

The Industry Utility for Due Diligence

DiligenceExchange combines information contributed directly by asset managers to expedite their due diligence process with the due diligence footprint of Castle Hall's institutional clients - who collectively work with Castle Hall to maintain due diligence coverage of more than 1,000 funds.

DiligenceExchange acts as an industry utility, enabling both investors and managers to save time by using a standardized data format - which is verified by Castle Hall. For investors, our online platform delivers consistent, validated due diligence, available for every manager and fund in a portfolio. For asset managers, Castle Hall saves time by enabling the manager to work with our diligence team on behalf of multiple investors.

201808 Today's Due Diligence Model2

The Industry Utility for Due Diligence

DiligenceExchange starts with Castle Hall’s online diligence data pack. We present key data points across the investment manager, the fund, the manager’s control environment, and the audited financial statements.

Castle Hall then conducts our own due diligence work, including “trust but verify” anti-fraud checks such as service provider verifications. We look at the data to analyze 200+ analytical risk factors, and you can also access our comprehensive, fully encrypted data room, further speeding the diligence process.

Access Information On Hundreds of Managers

Investors who are DiligenceExchange subscribers receive 100% coverage of their third party manager list, powering portfolio wide analytics. Subscribers also receive access to our full DXC database, containing data on more than 600 managers and 1,000 funds, simply by connecting with each asset manager, LinkedIn style.

201902 DiligenceExchange Infographic-1

Why Castle Hall?

  • Castle Hall is 100% investor / LP funded, and does not accept revenues from the investment managers on the "sell side". This model ensures that DiligenceExchange is not compromised by the inherent conflict of interests created by manager pays due diligence.
  • Castle Hall is not an investment advisor, a fund manager, or a consultant. We do not have a buy list or recommended funds: we act solely to help investors satisfy the governance, risk and compliance obligations of their due diligence programs.
  • Castle Hall can perform due diligence on any manager, strategy or fund structure, worldwide. We do not limit our work to a recommended list, meaning that any manager can join DiligenceExchange and benefit from better diligence co-ordination.
  • Castle Hall can provide feedback to managers following diligence as to best practice and industry trends. We greatly appreciate the time every manager invests in the due diligence process, and both managers and investors benefit from transparent communication of diligence standards.