The relevant differentiating factors in operational due diligence.
Everyone can conduct some semblance of operational due diligence, but the key factors are methodology, approach, process, and deliverable.
PRISM provides each manager with a standardized and commercial document request at the onset of each ODD review.
Each manager site visit follows a standardized agenda, with an average site visit ranging from 3-5 hours. PRISM meets with back office team members.
Service provider confirmations are sent to various firms that provide services to the fund and manager (i.e. fund administration, banks, legal, etc.)