AlphaPipe® licenses AIMA's DDQ templates

NEW YORK, Feb. 5, 2018 /PRNewswire/ -- AlphaPipe is among the first licensees to digitally deliver the due diligence questionnaires developed by the Alternative Investment Management Association (AIMA), the global representative of alternative asset managers.  AlphaPipe has integrated its proprietary response evaluation tools with the AIMA templates enabling investors to fully realize AIMA's industry expertise and AlphaPipe's innovative technology.   

"Our mission is to dramatically enhance the effectiveness of fund diligence while minimizing the burdens on investors and managers.  AlphaPipe Diligence was built to support standardization where industry consensus emerges while also addressing client-specific information needs.  AIMA is a powerful example of the efficiencies made possible by industry collaboration and we are excited to add our technology to the effort," said AlphaPipe CEO West Chapman.

First published in 1997, the document-based AIMA DDQ has become the leading industry standard for alternative investment managers and investors.  AIMA recently completed an initiative to modularize the document templates.  Now, AlphaPipe will build on AIMA's two decades of template development and provide digitized and integrated versions in a highly secure environment.

Jennifer Wood, AIMA MD, Global Head of Asset Management Regulation & Sound Practices, commented, "We are delighted that AlphaPipe is adding the AIMA DDQ suite to its platform. This service from AlphaPipe promises to further simplify and streamline an important part of the alternative investment fund due diligence process – the completion of the AIMA DDQ."

Only AIMA member firms may use the AIMA DDQ. AIMA recently introduced a new, affiliate membership that affords full access to the DDQ templates at no cost to endowments, pension funds, and certain other institutions investing on their own behalf.

AlphaPipe is the first-of-its-kind platform that centralizes the entire set of diligence and monitoring activities into one place. The platform gathers external information, tracks and processes responses, prioritizes reviews and fully documents each step so that you are always "audit ready." Using the AIMA DDQ library of templates, the company's powerful and fully configurable service automates and streamlines all critical activities, from auditor confirmations and tax information forms to due diligence and risk assessment.

About the company.

AlphaPipe® provides an integrated suite of diligence, monitoring and data services to the institutional funds industry. Our products enable secure global data exchange and exception-based evaluation for investors, managers, and service providers. Embedded digital workflows yield a structured database of responses, evaluations and public filings for team research and governance. AIMA's DDQs are integrated with the full AlphaPipe® Diligence toolset for rapid implementation.  For more information visit http://www.alphapipe.com/

About AIMA

The Alternative Investment Management Association (AIMA) is the global representative of the alternative investment industry, with more than 1,900 corporate members in over 60 countries. AIMA's fund manager members collectively manage more than $2 trillion in assets. AIMA draws upon the expertise and diversity of its membershipto provide leadership in industry initiatives such as advocacy, policy and regulatory engagement, educational programmes and sound practice guides. AIMA works to raise media and public awareness of the value of the industry. AIMA set up the Alternative Credit Council (ACC) to help firms focused in the private credit and direct lending space. The ACC currently represents over 100 members that manage $350 billion of private credit assets globally.  AIMA is committed to developing skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst designation (CAIA) – the first and only specialised educational standard for alternative investment specialists. AIMA is governed by its Council (Board of Directors). For further information, please visit AIMA's website, www.aima.org.

SOURCE AlphaPipe

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