DDQ Automation
Complete Due Diligence in Hours, Not Days
Automate DDQ responses with AI that understands your fund's investment approach. Generate accurate answers with full source attribution in 4 hours instead of 3 days. On-premise deployment for complete data sovereignty.
DDQ Completion Time
95% time reduction on DDQ processing
On-Premise Processing
Zero data leaves your infrastructure
Audit-Ready Transparency
Complete traceability for ASIC
The DDQ Challenge for Fund Managers
DDQ Volume Overwhelms Investment Teams
Institutional investors and consultants send 20-30 due diligence questionnaires monthly. Each DDQ contains 50-200 questions requiring 15-40 hours to complete. Senior analysts spend more time answering repetitive questions than researching investments. DDQs arrive during critical periods (quarter-end, audit season) when teams are already stretched thin.
Business development stalls while your best people do administrative work.
Information Scattered Across Systems
DDQ answers require pulling data from fund documents (10+ years), performance reports, compliance records, Bloomberg portfolios, and previous questionnaire responses. No single source of truth. Analysts manually search across SharePoint, email, and local drives trying to find accurate information.
40% of DDQ time is just finding the right documents.
Inconsistent Responses Create Compliance Risks
Different analysts answer the same questions differently across DDQs. Responses drift over time as team members change. Consultants compare your current DDQ to last year's and flag discrepancies. Compliance teams spend hours reviewing for consistency and accuracy before submission.
Consultant concerns delay funding and damage credibility.
No Audit Trail or Source Attribution
ASIC and investors require documentation showing how you arrived at DDQ answers. Manual processes don't track which documents were consulted or who approved responses. When auditors ask "How did you calculate this?" teams scramble to reconstruct their work.
Can't prove compliance without recreating months of work.
What if AI ran entirely within your infrastructure?
BackPro AI deploys on your Azure, AWS, or GCP environment. Zero data leaves your infrastructure. Complete ASIC/APRA compliance whilst automating DDQ responses with full source attribution.
How BackPro AI Helps
Intelligent Question Analysis
Upload new DDQs in any format (PDF, Word, Excel, online forms). Our AI analyses each question, identifies required information type, and searches your historical knowledge base for relevant answers. Understands complex multi-part questions and regulatory nuances specific to Australian fund managers.
AI knows which fund documents contain the answers you need.
Historical DDQ Learning
The system ingests your past 5-10 years of DDQ responses, creating a searchable knowledge base. Learns your fund's terminology, investment philosophy, and how you typically answer specific question types. Updates automatically as you approve new responses.
Every DDQ improves the AI's understanding of your fund.
Automated Response Generation
For each DDQ question, the AI generates draft answers by synthesizing information from your fund documents, previous DDQs, and performance data. Provides multiple answer options when relevant. Flags questions requiring human expertise (strategy changes, new regulations).
Complete first draft in 2-3 hours instead of starting from scratch.
Full Source Attribution
Every generated answer includes citations to source documents with page numbers and timestamps. Click through to verify original information. Export source attribution for compliance reviews. Audit trail shows which analyst approved each response and when.
Prove to ASIC exactly where every answer came from.
Compliance Review Workflow
Route completed DDQs through approval chains. Track changes and version history. Flag responses that differ from previous submissions. Compare current DDQ to last year's for consistency checking. Export compliance reports for regulatory reviews.
Compliance officers approve DDQs in hours instead of days.
Real-Time Data Integration
Connect to Bloomberg, FactSet, and Morningstar for current portfolio data. Update performance metrics automatically when reporting periods change. Link to custodian systems for holdings verification. No manual data entry or exports required.
DDQ responses update automatically with latest fund data.
Client Success Story
Selector Funds
Boutique Fund Manager | $500M+ AUM
01 The Challenge
Selector Funds was receiving 15-20 DDQs monthly from institutional investors and consultants. Each questionnaire required 3+ days to complete, pulling senior analysts away from investment research. The manual process created bottlenecks during business development cycles and prevented the firm from responding to opportunities quickly.
02 The Solution
On-premise DDQ automation system deployed on Azure infrastructure. Custom-trained on 10+ years of Selector's fund documents, previous DDQ responses, and compliance records. Full integration with existing document management systems.
03 The Results
DDQ completion time reduced from 3 days to 4 hours (95% reduction)
Process 15-20 DDQs monthly without additional headcount
Complete source attribution for every answer (compliance approved)
100% data sovereignty - no investor data leaves their infrastructure
ROI achieved in first quarter through faster business development
Institutional consultants commented on improved response quality
"The system paid for itself in the first quarter. We're now responding to DDQs faster than our competitors with larger teams and our compliance officer actually trusts the outputs because every claim includes source documents."
Portfolio Manager, Selector Funds Management
Selector Funds
Frequently Asked Questions
Common questions about DDQ automation for fund managers
Ready to Finally Use AI?
Your compliance team has been saying no to every AI tool. BackPro is the one they can say yes to.
Trusted by Selector Funds, More4Life, Frazer Walker, and other Australian financial institutions
Questions? Email backpro@backpro.ai or call +61 468 354 703
Genesis Accelerator 2025 • University of Sydney backed
