AI DDQ Automation — New Platform

How to Automate Fund Due Diligence Questionnaires

Completing hedge fund DDQs manually takes 20–40 hours per manager. AlternativeSoft's AI reads fund documents and completes questionnaires automatically — reducing DDQ time by up to 90% and centralising all ODD documentation in one auditable cloud platform.

Automate:DDQ CompletionDocument ProcessingCompliance FlaggingTerm ExtractionODD HubRe-Diligence
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 — and the AI Alternative

The Problem with Manual DDQ Completion

Hedge fund DDQs are among the most time-consuming tasks in institutional due diligence — and almost entirely automatable.

  • Each hedge fund DDQ takes 20–40 hours of senior analyst time to complete from scratch manually
  • Reviewing PPMs, regulatory filings and offering memoranda across dozens of managers simultaneously is unsustainable
  • Inconsistent questionnaire responses across managers make comparison and risk scoring unreliable
  • No centralised record of completed DDQs creates stress during regulatory and audit enquiries
  • Manual processes make due diligence the bottleneck between manager screening and allocation decisions

How AI Automates DDQ Completion

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

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

Hedge Fund Due Diligence Questionnaires — Automated End to End

AI does the reading and drafting. Your team reviews and approves.

AI Questionnaire Completion

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

Document Processing

Processes PPMs, offering memoranda, fact sheets, DDQs, ISDA agreements and regulatory filings. Extracts structured information and maps to questionnaire fields.

Compliance Flagging

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

Term Extraction

Management fees, performance fees, hurdle rates, redemption terms and lock-up periods extracted automatically from all fund documents uploaded.

Centralised ODD Hub

All DDQs, completed questionnaires, fund documents and due diligence notes stored in one secure, searchable, access-controlled cloud repository.

Analytics Integration

Combine AI-powered ODD with peer group analysis, risk assessment and portfolio analytics in one integrated AlternativeSoft 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 to Set Up AI DDQ Automation

01

Upload Fund Documents

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

02

AI Completes the Questionnaire

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

03

Review, Flag and Centralise

Add qualitative commentary, flag compliance issues and save the completed DDQ in your ODD hub with full audit trail ready for governance and 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 reading and questionnaire drafting so analysts focus on judgement calls.

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Pension Funds

Meet fiduciary requirements for hedge fund due diligence without a large dedicated ODD team. AI scales your due diligence capacity proportionally.

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Family Offices

Conduct institutional-quality due diligence on hedge fund managers efficiently — even with a small team and no dedicated ODD function.

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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 AI reads uploaded fund documents and maps extracted information to questionnaire fields automatically. It understands context rather than just keywords, enabling accurate completion of nuanced questions about investment strategy, risk management processes and operational governance.
AlternativeSoft automates 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 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.
Yes. AlternativeSoft cloud ODD platform is ISO compliant and GDPR-compliant. All fund documents and DDQ data are stored with enterprise-grade encryption and access is restricted to authorised users with a complete audit trail maintained.
Yes. AlternativeSoft supports 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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