The software is developed to streamline both time and cost efficiencies, whilst reducing human error and standardising the process of operational due diligence across asset classes.
Laven’s software offers automated report text which ensures consistency in language and terminology regardless of who is completing the report. It also gives the ability to standardize when deficiencies are raised within a report.
Laven’s DDM ensures objectivity because every question can be directly related back to a regulatory or best practice standard.
Systematic scoring by chapter and the overall report allows you to understand where the specific operational weaknesses of a fund are and also allows for ease of comparison between funds.
Laven’s duplication feature allows for efficient ongoing monitoring reviews that enable you to track the evolution of issues – whether new or resolved – in comparison to the previous report, saving time and ensuring continuity.
Ability to use the standard Laven report templates or customise the report content to your firm’s needs. Moreover the interface and final report produced within the software can be customised with your branding and logo as a white-labelled solution.
Store all materials in one place
Document depository, so any documents relating to the report are stored in one place.
Internal comment system enabling effective communication within the team negating the need for email. This feature can also be used to document discussions at onsite visits. The comments are time and date stamped which gives you chronological order of comments.
This is a workload monitoring and delegation tool which allows the work to be distributed across the team while maintaining control and oversight of relevant staff.
Diary functions for deadlines and report due dates to ensure efficient allocation of resource and effective management of review schedules.