Elevator Pitch
ume (‘you-me’) has been designed to respond to the asset management industry demands for an effective automated framework for the due diligence of fund distributors.
Problem Solved
- Management companies (ManCos) are performing due diligence on their fund distributors using their own questionnaire (DDQ)
- This process is still very manual and consume a lot of ressources
- ManCos have a partial view of their distributors (iceberg view)
- ManCos on the same time have difficulties to find new distributors
Solution / Technology
- Streamline due diligence exercise via an mutualized and standardized DDQ
- Use of data analytics
- Access to overall population of participating distributors (Trip Advisor like solution)
Competitive
Unique technology + team experience and knowledge of the fund industry
Market Size
Management companies distributing funds on a cross-border basis (mainly located in Luxembourg and Ireland).Estimated costs dedicated on due diligence of fund distributors: EUR 250 million
