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Investment Due Diligence Software

Investment Due Diligence Software for Funds and Allocators

AlternativeSoft is an automated due diligence platform that brings investment, operational and questionnaire due diligence into one place. Complete DDQs with AI, centralise every document and flag risks automatically across a universe of 500,000+ funds.

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Trusted by 150+ institutions managing $1.5tn+ since 2005
DDQ - AI Completion AI completing
92%
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Verified
Review
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200 questions answered4 min · 90% faster
90%Less time on DDQs
500k+Funds covered
150+Institutions
$1.5tn+Assets analysed

What is due diligence software?

Due diligence software is a platform that standardises and automates how investors evaluate funds and managers. It covers investment due diligence, operational due diligence (ODD) and due diligence questionnaires (DDQs): replacing scattered spreadsheets and email chains with one auditable system. AlternativeSoft centralises documents, completes DDQs with AI and flags risks automatically.

  • Investment due diligence: quantitative manager analysis, peer benchmarking and style/factor analysis across 500,000+ funds.
  • Operational due diligence: structured ODD questionnaires, document collection and compliance flagging in the cloud.
  • DDQ automation: AI completes due diligence questionnaires from your own document library in minutes.
  • One source of truth: every manager, document and review held in a single, fully auditable hub.
Centralised Hub Synced
Returns
Documents
Questionnaires
Meeting Notes
One Secure Due Diligence Hub
Every manager, one placeSearchable

Why do investors use due diligence management software?

Investors use due diligence management software to cut the time, cost and key-person risk of manual review. AlternativeSoft reduces time spent on DDQs by up to 90%, standardises the process across teams, and keeps a complete audit trail for investment committees and regulators - so decisions are faster, consistent and defensible.

  • Up to 90% less time spent completing and reviewing questionnaires.
  • Consistency: every analyst follows the same scored, repeatable process.
  • Audit-ready: a timestamped trail of who reviewed what, and when.
  • Collaboration: shared workspaces, assignments and sign-off across the team.
  • Scalable: review more managers without adding headcount.
DDQ - AI Completion AI completing
92%
Verified
Verified
Review
Flag
200 questions answered4 min · 90% faster

Fund due diligence software built for alternatives

AlternativeSoft is fund due diligence software purpose-built for alternative and traditional assets - hedge funds, private equity, private credit, mutual funds and ETFs. It combines the quantitative analytics allocators expect with the operational and questionnaire workflows that a complete due diligence process demands.

  • Manager screening across 500,000+ funds with 4,000+ risk-adjusted statistics.
  • Peer-group benchmarking against true strategy peers, not broad indices.
  • Drawdown, VaR and stress testing that reflect how alternatives actually behave.
  • Style and factor analysis to separate genuine alpha from market beta.
Fund Screener 500k+ funds
Global Macro · Sharpe > 1.2
1Meridian Global Macro9.4
2Halcyon Diversified8.8
3Crestline Multi-Strat8.1
Ranked by composite score4,000+ stats

An automated due diligence platform, end to end

From sourcing to ongoing monitoring, AlternativeSoft works as a single automated due diligence platform. Send and complete questionnaires, collect and parse documents, score and flag findings, then generate committee-ready reports - all on one system that any team member or auditor can pick up.

  • Send & complete: issue DDQs and let AI draft answers for review.
  • Collect & parse: centralise manager documents and extract key terms automatically.
  • Score & flag: surface critical, pending and cleared items at a glance.
  • Report: export branded due diligence reports in PDF, Excel or PowerPoint.
Monitoring Scheduled
Mon2
Tue3
Wed4
Thu5
Fri6
Sat7
Sun8
Returns request - MeridianDue Mon
Review DDQ responsesDue Wed
Manager follow-up callDue Fri
Recurring reviewsAudit trail
Capabilities

Everything Due Diligence, in One Platform

From AI DDQ completion to operational due diligence, analytics and reporting.

AI DDQ Completion

Answer due diligence questionnaires automatically from your document library, with every answer cited for review.

Cloud Operational Due Diligence

Run ODD in the browser - structured questionnaires, document hub and compliance flagging, no installation.

Quantitative Analysis

Screen 500,000+ funds with 4,000+ statistics, peer benchmarking and style analysis.

Automated Risk Flagging

Detect inconsistencies, missing documents and red flags as questionnaires are completed.

Centralised Document Hub

One secure, searchable repository for every manager document, version and review.

Reporting & Audit Trail

Generate branded reports and keep a complete, timestamped record for compliance.

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Related Due Diligence Solutions

Operational Due Diligence SoftwareCloud ODD with risk flagging & document hubDDQ Automation SoftwareComplete due diligence questionnaires with AIAI Due Diligence SoftwareAI document analysis & questionnaire completionHedge Fund Due DiligenceManager & operational DD for alternativesDD Software for AllocatorsFor pension funds, endowments & family officesDue Diligence ExchangeSee every feature of the full platform
FAQ

Frequently Asked Questions

What is the best due diligence software for investors?
The best due diligence software depends on what you invest in, but for fund and alternatives investors AlternativeSoft is a leading choice: it combines investment due diligence, operational due diligence and AI DDQ automation in one platform, covers 500,000+ funds, and is used by 150+ institutions managing over $1.5tn.
Does due diligence software automate DDQs?
Yes. AlternativeSoft uses AI to complete due diligence questionnaires from your existing document library, drafting answers for human review and cutting time spent on DDQs by up to 90%.
What is the difference between investment and operational due diligence?
Investment due diligence assesses a manager's strategy, performance and risk, while operational due diligence (ODD) assesses the firm's operations, governance, controls and service providers. AlternativeSoft supports both in a single platform.
Can due diligence software handle hedge funds and private markets?
Yes. AlternativeSoft covers hedge funds, private equity, private credit, mutual funds and ETFs, with analytics, cash-flow modelling and questionnaires designed for the full range of alternative and traditional assets.
Is AlternativeSoft due diligence software cloud-based?
Yes. AlternativeSoft offers a cloud-based, AI-powered due diligence platform that runs in the browser with no installation, alongside its established desktop analytics suite.

See the Due Diligence Platform in Action

Book a personalised demo and see how AlternativeSoft automates investment, operational and questionnaire due diligence end to end.

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New: AlternativeSoft MCP in AlternativeSoft Cloud

Ask your AI assistant about any fund or manager: AlternativeSoft MCP for investment and operational due diligence

Due diligence is a conversation with the data: What has this fund done, how does it compare, what would it do under stress. AlternativeSoft MCP, now available with AlternativeSoft Cloud, lets that conversation happen inside Claude, ChatGPT, Microsoft 365 Copilot or any MCP-ready assistant. Ask in plain language, and the answer is computed on your own AlternativeSoft data and the 500,000+ funds in the database, not generated from the model’s memory, so every number in the due diligence file traces back to the platform.

“Give me the key risk statistics and peer rank for the managers on this month’s due diligence list.”

What comes back: Return, volatility, Sharpe, Sortino, maximum drawdown and peer quartile for each, with a short read-out of the outliers.

“Compare these three candidate funds on return, volatility and maximum drawdown and tell me which diversifies our portfolio most.”

What comes back: The side-by-side statistics plus the correlation to your existing portfolio, computed live on your holdings.

“Write a one-page summary of this fund’s performance and risk I can put in front of the investment committee.”

What comes back: Report-ready prose grounded in the real figures from the platform, with no invented numbers and nothing to copy and paste.

Read-onlyMCP never creates, edits or deletes anything in AlternativeSoft
Your dataEvery answer is computed on your own database, not from the model’s memory
Any assistantClaude, ChatGPT, Microsoft 365 Copilot, GitHub Copilot and any MCP-ready AI
Cloud or localServer-hosted MCP for web assistants, local MCP for desktop tools
See AlternativeSoft MCPRequest a demo with your own managers

Can I use AlternativeSoft MCP for operational due diligence?

Yes, for the quantitative side of the review. AlternativeSoft MCP lets Claude, ChatGPT, Microsoft 365 Copilot or any MCP-ready assistant ask the AlternativeSoft engine for a manager’s return, risk, drawdown, peer rank, stress test and factor exposure in plain language, computed on your own data. It complements the DDQ and document review in the Cloud ODD platform rather than replacing them.

Is AlternativeSoft MCP included in the cloud offering?

AlternativeSoft MCP is available with AlternativeSoft Cloud and with the desktop platform. It is read-only, runs either server-hosted for web assistants or locally for desktop tools, and requires the REST API to be enabled and an MCP licence confirmed by support. Setup usually takes under an hour.

Book a DemoFree trial after the demo. Reply within one business day.