Cloud ODD Platform for Institutional Allocators

Operational Due Diligence Software for Allocators

AlternativeSoft's cloud ODD software gives allocators institutional-grade due diligence capability without the cost of a large dedicated team. AI automates document processing, DDQ completion and compliance flagging — while a centralised hub manages all ODD workflows and documentation.

ODD capabilities:AI DDQ CompletionDocument ProcessingCompliance FlaggingODD HubRe-Diligence WorkflowsAnalytics Integration
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

Operational Due Diligence — Scaled for Every Allocator

ODD Challenges for Institutional Allocators

Operational due diligence is resource-intensive and most allocators are understaffed for the volume of managers their mandate requires.

  • ODD is resource-intensive and most allocators lack the headcount for the volume of managers their mandate requires
  • Ad hoc ODD processes lack consistency and auditability — a risk for fiduciary governance and regulatory compliance
  • No centralised system means ODD documentation is scattered across shared drives, email threads and individual analyst files
  • Compliance flagging in fund documents requires reading thousands of pages manually across dozens of managers
  • Annual re-diligence across a large manager portfolio is nearly impossible without systematic tooling

How AlternativeSoft Transforms Allocator ODD

AI-powered DDQ completion, centralised documentation and systematic re-diligence workflows — purpose-built for institutional allocators.

  • AI-powered DDQ completion reduces questionnaire time by up to 90% per manager
  • All ODD documentation centralised in a secure cloud hub accessible by your entire team from anywhere
  • Compliance flagging engine identifies issues in fund documents automatically against your configurable policy rules
  • Systematic annual re-diligence workflows ensure all managers are reviewed on schedule — no exceptions
  • Full audit trail for all ODD activities — ready for governance and regulatory review at any time
ODD Platform

Institutional ODD for Every Type of Allocator

AI and cloud technology that scales your due diligence capacity.

AI-Powered DDQ Completion

AI reads fund documents and completes operational DDQs automatically across investment operations, technology, compliance, risk management and governance sections.

Cloud Document Hub

Centralised, searchable repository for all fund documents, DDQs, questionnaires, ODD reports and supporting notes. Accessible from anywhere by your entire team.

Compliance Flagging Engine

Automated screening of fund documents for regulatory issues, non-standard terms and compliance red flags — against your configurable investment policy rules.

Re-Diligence Workflow

Systematic annual re-diligence workflow with automated scheduling and change-detection. Ensure all managers are reviewed consistently and on schedule.

Team Collaboration

Multi-user access with role-based permissions. Assign ODD sections to team members, track completion and maintain approval workflows with full audit trail.

Analytics Integration

Combine ODD data with quantitative analytics — peer group analysis, risk statistics and portfolio monitoring — all within one AlternativeSoft platform.

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 a Cloud ODD Programme

01

Onboard Your Manager List

Upload existing ODD files for current managers and create new entries for your due diligence pipeline. Initial setup takes hours not months.

02

AI Processes and Populates

Upload fund documents and AI completes DDQ responses automatically. Compliance flagging runs immediately. Documents stored in the centralised hub.

03

Monitor, Re-Diligence and Report

Systematic re-diligence workflows keep all manager ODD current. Governance audit trail and reporting ready at any time for board or regulatory review.

Who This Is For

Who Uses AlternativeSoft ODD Software

Pension Funds

Maintain a rigorous, scalable ODD programme that meets fiduciary requirements without a large dedicated ODD team. AI delivers institutional quality at a fraction of the cost.

Learn more

Endowments & Foundations

Build a systematic ODD programme for your alternatives allocation. AI and cloud tooling enables small teams to conduct thorough manager due diligence efficiently.

Learn more

Fund of Funds Managers

Manage ODD across a large manager universe systematically. AI scales questionnaire completion and compliance review without proportional headcount increases.

Learn more
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

Operational due diligence is the process by which institutional investors evaluate the operational robustness of a hedge fund manager — assessing their operational infrastructure, technology, compliance programme, risk management processes, governance and key-person risk. ODD is conducted alongside quantitative investment due diligence before making an allocation.
AlternativeSoft combines AI-powered DDQ completion (which DiligenceVault and Dasseti do not offer at equivalent depth) with a full alternative investment analytics platform including fund screening, peer group analysis, portfolio construction and risk management. AlternativeSoft is a complete investment process platform, not only an ODD workflow tool.
AlternativeSoft's compliance flagging engine identifies regulatory inconsistencies, non-standard investor terms, unusual fee structures, gate and suspension clauses, related-party transaction disclosures, and other items requiring investor attention. Flagging rules are configurable to match your investment policy statement and regulatory requirements.
Yes. AlternativeSoft's ODD hub stores all documentation required for AIFMD and SEC compliance including regulatory filings, Form ADV records, risk management policy documentation and operational procedure records. A full audit trail supports regulatory review.
AlternativeSoft's cloud ODD platform supports unlimited managers. Whether you are conducting due diligence on 10 or 500 managers, the platform scales without performance degradation.
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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