Loopio, the leading response management platform, has announced its partnership with Door, the online platform that digitizes the exchange of due diligence between asset managers and research teams. This integration will allow asset managers to answer due diligence questionnaires (DDQ) quickly, accurately, and collaboratively.
An increasing demand for companies to update and modernize technology stacks, along with continued regulatory pressure on asset management, has put a renewed focus on the need to streamline business processes. This integration will help teams simplify the way they respond to DDQs, remain compliant, and build confidence in the organization.
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“By combining our response management capabilities with Door’s platform, our mutual asset management customers are able to further elevate their clients’ experience by responding to diligence requests with greater accuracy, efficiency, and consistency,” says Zak Hemraj, Chief Executive Officer and co-founder of Loopio.
Users can leverage their Loopio Library as a single source of truth in Door to access accurate answers, respond to DDQs faster, and identify and monitor critical change metrics throughout the DDQ process while working alongside subject matter experts.
“We are excited to be working with Loopio, one of the fastest-growing content libraries,” says Rob Sanders, Chief Executive Officer and co-founder of Door. “It’s a natural partnership as we are both aligned on providing the best for our clients; efficiencies, risk management, and true digital transformation.”
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