CENTRL and AIMA Partner to Revolutionize the Diligence Process
Mountain View, California - March 7, 2018 — CENTRL, the company whose software platform is revolutionizing the due diligence process, is proud to announce its partnership with the Alternative Investment Management Association (AIMA), the global representative of the alternative investment industry. AIMA member firms can now fully automate their due diligence process using digitized AIMA DDQs within CENTRL’s SaaS-based platform. The AIMA DDQ expands CENTRL’s existing library of standardized templates, which also includes Shared Assessments (SIG), ILPA and many more industry templates.
Several asset management firms including private equity and hedge funds, banks and other financial service companies leverage the CENTRL platform to manage the full assessment process. As a complete due diligence platform, CENTRL’s platform provides end-to-end automation of the DD questionnaire workflow, comprehensive analytics, issue resolution and reporting functionality needed for today’s demands. CENTRL is a true multi-party network platform in which investors, fund managers and other third parties can interact and aggregate all of their information in one central place. Whether firms are dealing with a few managers or hundreds of third parties, CENTRL’s platform creates a more efficient diligence and reporting process.
“CENTRL’s mission is to fundamentally transform the diligence process through software by leveraging AI and machine learning. This will not only improve the rigor of risk management, bring greater efficiencies but also free up resources to focus on true risk mitigation rather than the tedium of email or file sharing based diligence processes,” said Sanjeev Dheer, CENTRL founder and CEO. “Our partnership with AIMA further helps our customers work smarter by providing the AIMA DDQ within our platform resulting in more productive methods for diligence distribution, completion and analysis.”
Jennifer Wood, AIMA Managing Director, Global Head of Asset Management Regulation & Sound Practices, said: “This partnership will further extend the availability of the AIMA DDQ, the industry-standard hedge fund due diligence questionnaire. It comes as the entire diligence process goes through a significant evolution, with prospective investors demanding ever growing amounts of data and analytics, all produced faster and more efficiently than ever before.”
For more information on CENTRL, go to www.centrl.ai. For media information, contact media@centrl.ai.
For more information on AIMA, go to www.aima.org. For media information, contact news@aima.org.