Bowtie, a leading provider of innovative solutions for fund managers, has officially launched DDQ AI, a groundbreaking platform that streamlines the completion of Due Diligence Questionnaires (DDQs) for hedge funds, VC and PE firms, and funds of funds. By leveraging the knowledge contained in a fund’s investor materials and previously completed forms, DDQ AI automates the process of responding to DDQs, resulting in significant time savings for clients.
With initial clients reporting a remarkable 90% reduction in the time required to complete a DDQ form, Bowtie’s DDQ AI has already been adopted by funds with a combined AUM of $40 billion. According to Daniel Gelernter of RG Niederhoffer Capital, the platform has saved them nearly a week per DDQ, making it a no-brainer for firms that regularly complete these forms.
Key features of DDQ AI include automated DDQ responses, drawing from a fund’s existing documents to tailor responses to new questionnaires, institutional expertise ensuring accuracy and efficiency, and substantial time savings of roughly one worker-day per questionnaire. Security is a top priority for Bowtie, with DDQ AI being SOC-2 Type II compliant to provide the highest standards of data protection.
In terms of pricing, DDQ AI is offered on a fixed-price annual contract basis, with no per seat pricing, making it accessible to funds of all sizes. Whether you’re a boutique fund or a large institution, DDQ AI can be customized to meet your needs, offering a flexible, secure, and efficient solution for DDQs.
To learn more about DDQ AI or to schedule a consultation, visit http://www.ddqai.com or contact ddq@trybowtie.com. Join the many satisfied clients who have experienced the time-saving benefits of Bowtie’s innovative DDQ AI platform and streamline your due diligence processes today.
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