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Operational Due Diligence

Providing investors with an independent review of an asset manager's operations and investments

The financial services industry is burdened with requirements, spanning controls and oversight. Operational due diligence is about understanding a manager’s internal operations to protect investors from losses related to operational failures or frauds.

Our services provide investors with an independent review of an asset manager’s operations and investments.

Laven mitigates risk through a thorough and process driven approach

Each review assesses the asset manager and the fund’s commitment to regulations and industry best practice standards. Through the use of proprietary software, Laven’s reports offer consistency across asset classes. An integrated scoring system per chapter and overall report give clients a benchmark from which to compare managers. Following an instruction to perform ODD on a fund, we take the following steps:

Pre-onsite

We contact the manager to request over 60 documents and to set a date for the onsite visit. Once we receive the documentation, we perform a detailed desktop analysis, specifically highlighting any areas or questions that require in depth discussions onsite.

We contact the manager to request over 60 documents and to set a date for the onsite visit.

Pre-Onsite Debrief

We schedule a call with you to discuss through any areas of special focus required following the desktop analysis.

Onsite visit

This usually lasts 5-6 hours and consists of discussions with senior management as well as other staff of the manager, based on their roles and responsibilities. This typically includes discussions with the executive teams, portfolio management, back office/operations, risk management, IT and compliance functions.

Post-onsite

We then analyse the information gained from the onsite visit and prepare the report using our in-house due diligence software. The report details of our analysis and includes an executive summary highlighting any red flags and concerns raised during the IDD and ODD. We also seek to hold a debrief call with the client to go through our findings and to give the client the opportunity to ask any questions.

We then analyse the information gained from the onsite visit and prepare the report using our in-house due diligence software.

Each Laven Due Diligence review covers the following areas:

Each Laven Partners’ Due Diligence review covers the following areas

Our clients choose Laven because of the following benefits

We believe using an expert due diligence provider like Laven can help you to focus your efforts on setting and achieving your investment objectives, while leaving the leg-work to us.

Highly knowledgeable and experienced team
A broad spectrum of expertise across all asset classes, investment strategies and subject matters, including corporate matters, front and back office functions, risk management, IT and compliance.
Consistent, unbiased reporting
Unbiased reporting by independent experts, using our pioneering due diligence technology, developed by Laven for due diligence experts.
Report turn-around time
Report turn-around time of as little as 4-6 weeks, allowing clients to progress investment decisions efficiently.
Relevant and up to date
Reports are made-to-order ensuring all information is current and relevant to the client’s areas of focus.
Red flags and concerns
Red flags and concerns are highlighted in the report’s executive summary so that any primary weaknesses are easily determined.
Integrated and automated scoring system
Reports include an integrated and automated scoring system for each chapter and for the overall report which allows clients to quickly ascertain where the main weaknesses lie.
Due Diligence Manager

Laven’s Due Diligence Manager

Laven developed the Due Diligence Manager (DDM) digitalising operational due diligence and report production. The DDM is designed to remove errors and inconsistencies in the content and the creation of the report. It allows subject matter experts to focus on their areas of expertise while ensuring time efficiencies and project management. We use the DDM technology for our outsourced ODD work. The software is also available for direct licensing by clients.

Frequently asked questions

The following FAQs have been created to assist following the best practice standards and adhere to the relevant regulatory requirements.

Contact us

Get in touch with our experienced team to book a demo of our software.

Get in touch with our experienced team to book  a demo of our software.