AI DDQ Automation — Complete Questionnaires in Minutes

Hedge Fund DDQ Automation Software

AlternativeSoft's AI-powered DDQ automation software eliminates the most time-consuming part of hedge fund due diligence. Upload fund documents and AI completes questionnaire responses automatically — reducing DDQ completion time by up to 90% while maintaining institutional-grade rigour.

Automate:ILPA DDQAlbourne DDQCustom DDQsRFP/RFI ResponsesTerm ExtractionCompliance Flagging
Hedgeweek Best Risk Management Software
4 Consecutive Years — 2020 · 2021 · 2022 · 2023
150+
Institutional clients worldwide
$1.5tn+
AuM managed by our clients
500k+
Funds in our database
Trusted by
Aberdeen Asset ManagementAllianceBernsteinBNP ParibasBessemer TrustRaiffeisen Capital ManagementUnigestionLyxor Asset ManagementKedge CapitalLumyna InvestmentsProgressive CapitalAberdeen Asset ManagementAllianceBernsteinBNP ParibasBessemer TrustRaiffeisen Capital ManagementUnigestion
The Problem & The Solution

Manual DDQ Completion — Replaced by AI

The Cost of Manual DDQ Completion

Hedge fund DDQs are among the most labour-intensive tasks in institutional due diligence — and almost entirely automatable with the right platform.

  • Each hedge fund DDQ takes 20–40 hours of senior analyst time to complete manually from scratch
  • Reviewing PPMs, regulatory filings and offering memoranda for every manager is unsustainable at scale
  • Inconsistent responses across managers make comparison, scoring and database maintenance difficult
  • No centralised record of completed DDQs creates vulnerability during regulatory and audit reviews
  • Manual DDQ processes create bottlenecks that slow the entire pipeline from screening to allocation

How AI DDQ Automation Changes Everything

AlternativeSoft AI reads every uploaded fund document and populates questionnaire fields automatically — no manual document review required for initial completion.

  • AI reads PPMs, fact sheets, DDQs, ISDA agreements and regulatory filings then generates questionnaire responses automatically
  • ILPA, Albourne, custom institutional DDQ and RFP/RFI formats all supported out of the box
  • Key investor terms — fees, liquidity, redemption gates, lock-ups — extracted and presented automatically
  • Compliance flags raised instantly when fund documents contain problematic or non-standard clauses
  • All completed DDQs stored in a searchable, auditable cloud hub with full team access and change history
DDQ Automation Platform

End-to-End Hedge Fund DDQ Automation

AI does the reading and drafting. Your team focuses on judgement and approval.

AI Questionnaire Completion

AI reads fund documents and generates DDQ responses automatically across investment strategy, risk management, operations, compliance and governance sections.

Document Intelligence

Processes PPMs, offering memoranda, DDQs, ISDA agreements and regulatory filings. Extracts structured data and maps it to questionnaire fields automatically.

Compliance Flagging

AI identifies regulatory gaps, problematic clauses and compliance concerns in fund documents — flagged immediately against your configured investment policy rules.

Centralised ODD Hub

All completed DDQs, supporting documents and due diligence notes stored in one secure, searchable, access-controlled cloud repository with full audit trail.

Team Collaboration

Assign DDQ sections to team members, set review workflows and track completion status. Every change and approval logged with timestamp and user identity.

Analytics Integration

DDQ automation connects directly to AlternativeSoft's analytics suite — peer group analysis, risk assessment and portfolio construction in one integrated workflow.

150+
Institutional Clients
Worldwide
$1.5tn+
AuM Managed by
Our Clients
500k+
Funds in Our
Database
20+
Years of Excellence
Since 2005
How It Works

How Hedge Fund DDQ Automation Works

01

Upload Fund Documents

Drag and drop PPMs, DDQs, fact sheets and regulatory filings to the cloud platform. No software installation — fully browser-based and GDPR-compliant.

02

AI Completes the DDQ

AI processes all documents and populates questionnaire responses in minutes. Review and approve rather than draft from scratch — 80–90% of work is done.

03

Store, Collaborate and Audit

Completed DDQ saved to your centralised ODD hub. Share with team members, track changes and export for governance reporting or regulatory review.

Who This Is For

Who Benefits from DDQ Automation

ODD Teams & Analysts

Conduct thorough due diligence on more managers in less time. AI handles document review and questionnaire drafting so your team focuses on judgement calls.

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Pension Funds

Scale your due diligence programme without scaling headcount. AI enables institutional-quality DDQ completion at any volume.

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Family Offices

Conduct institutional-quality due diligence on hedge fund managers without a dedicated ODD team. AI levels the analytical playing field.

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Client Testimonials

Trusted by 150+ Leading Institutions

AlternativeSoft streamlines many useful performance-based analytics including portfolio optimisation, peer evaluation, and relative analyses. An intuitive platform that is additive to our processes.

Aberdeen Asset Management
Head of Risk Management
★★★★★

A practical and user-friendly tool used as part of our portfolio construction and risk management process. Their extensive support and responsiveness provides real added value.

AllianceBernstein
Co-head, Risk Management & Portfolio Construction
★★★★★

From statistical analysis on a single hedge fund to portfolio construction, risk analysis and stress testing — one of the most effective and intuitive tools I have handled.

BNP Paribas
Hedge Fund Solutions
★★★★★
Best Risk Management Software
Hedgeweek — 4 Consecutive Years
Best Portfolio Analytics Platform
HFM European Awards
10+ Industry Awards
Recognised since 2005
ISO & GDPR Compliant
Enterprise-grade Security
FAQ

Frequently Asked Questions

AlternativeSoft automates completion of ILPA standard DDQs, Albourne questionnaires, custom institutional DDQs, RFP and RFI formats, and proprietary templates built by your organisation. The AI adapts to different questionnaire structures automatically.
Most clients report 80–90% reduction in manual DDQ completion time. A questionnaire previously requiring 20–40 hours of analyst work can be completed in under an hour — with the analyst reviewing and approving rather than drafting from scratch.
When the AI cannot find relevant information in uploaded documents, it flags the question for human completion rather than generating an incomplete answer. This ensures the final DDQ is either AI-completed from document evidence or human-completed — never partially filled with uncertain outputs.
Yes. AlternativeSoft's cloud ODD platform is ISO compliant and GDPR-compliant. All fund documents and DDQ data are stored with enterprise-grade encryption. Access is restricted to authorised users and a complete audit trail is maintained.
Yes. AlternativeSoft supports ongoing monitoring and annual re-diligence workflows. When updated fund documents arrive, AI processes them and identifies material changes from the previous cycle — focusing analyst attention only on what has actually changed.
Request a Demo

See AlternativeSoft
in Action

Join 150+ institutional investors who rely on AlternativeSoft to select and monitor funds. Book a personalised demo with our team today.

  • Live walkthrough of the full platform
  • Tailored to your asset class — hedge funds, mutual funds or private markets
  • Q&A with our investment analytics specialists
  • Free trial access available following the demo
  • Dedicated onboarding and implementation support
Hedgeweek Best Risk Management Software — voted by clients 4 years running
Data integrations include:
BloombergeVestmentMorningstarPreqinPitchbookHFR

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