The US-based firm taps into a need to conduct fund due diligence for banks and asset managers.

DiligenceVault, a “digital ecosystem for asset managers and allocators”, has opened its Asia-Pacific headquarters in Singapore, this publication can confirm.

The New York-based fintech, which has more than 15,000 clients, has a platform allowing due diligence for investment funds, banks and other players to be carried out quickly and thoroughly. The business is backed by Goldman Sachs, among others. Other partners are AIMA Standards DDQ, Fintech Sandbox, Investment Management Association of Singapore, Winton Labs, and ILPA. 

The organisation confirmed that it has named Giulia Baiocchi as its Asia-Pacific director in Singapore. Baiocchi previously worked at UBS as an associate director for over half a decade.

On its website, DiligenceVault says: “For asset owners, allocators, outsourced chief investment officers, investment consultants, and wealth platforms, DiligenceVault makes it easy to collect, structure and normalize data across traditional, hedge and private market investments.”