Due Diligence

How Fund of Funds Teams Can Standardize Data and Strengthen Oversight

Fund of Funds due diligence teams face inconsistent manager data and reporting formats. Learn how data standardization improves accuracy and oversight.

Dasseti
Nov 14, 2025
Dasseti COLLECT Due Diligence

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Each reporting cycle, Fund of Funds teams face the same challenge: hundreds of manager reports arrive in PDFs, spreadsheets, and portals – all formatted differently. Even when the right answers are there, the lack of consistency makes it difficult and time-consuming to compare data and draw accurate conclusions.

This lack of uniformity slows review cycles, increases the risk of errors, and makes it harder to spot meaningful changes. For FoFs managing multiple asset classes and jurisdictions, the impact on efficiency and accuracy can be significant.

Why Data Format Inconsistencies Disrupt Fund of Funds Oversight

No two managers report data in exactly the same way. Templates vary, reporting cycles don’t align, and jurisdictional requirements influence both the data collected and how it’s reported. Even within the same strategy, two managers may label, group, or calculate the same metric in different ways.

For oversight teams, this often means hours spent reformatting data just to make it comparable. The time lost cleaning spreadsheets is time not spent analyzing performance trends, identifying operational risks, or acting on insights.

The Hidden Oversight Risk of Inconsistent Manager Data

When data lacks a consistent structure, subtle operational or compliance changes can be missed. A manager’s AUM could appear unchanged, but a reclassification in strategy lines may mean exposures have shifted. A fund’s governance policy might have been updated, but because the document format changed, the update never makes it into the comparative review.

These inconsistencies have real consequences.

Without a consistent structure, it becomes more difficult to detect change over time and to trust that year-on-year or peer comparisons are truly accurate. Red flags – such as valuation method changes, service-provider turnover, or shifts in control frameworks – can slip through unnoticed. And when those issues surface later, the record trail may be incomplete or inconsistent, making it harder to demonstrate the full extent of oversight already in place.

Boards, auditors, and regulators have long expected transparency – but maintaining it has become far more complex as portfolios grow and reporting demands increase. Standardized data preserves transparency – every change captured, every review traceable – so you can demonstrate oversight as confidently as you perform it.

Creating a Single Source of Truth for Fund of Funds Due Diligence with Dasseti COLLECT

For most due diligence teams, the challenge isn’t access to data – it’s transforming it into something structured, comparable, and reliable.

Dasseti COLLECT transforms fragmented data into a consistent, auditable framework for Fund of Funds oversight. No manual reformatting required. Every response – whether it comes from a PDF, spreadsheet, or portal – is ingested into a structured, searchable format tied to the correct firm and fund profile. Once data is standardized, oversight teams can:

  • Benchmark results across peer groups or asset classes.
  • Track metrics over time to identify trends and anomalies.
  • Filter for exceptions so material changes are reviewed first.

Integrations with trusted data providers like eVestment enable dual-source verification – combining direct manager submissions with independent datasets to ensure accuracy and transparency.

Unlike manual processes that rely on spreadsheets, shared drives, and inboxes, Dasseti COLLECT centralizes, standardizes, and connects every response. It transforms scattered files into structured, reusable data. The result is a continuously refreshed dataset that supports audit trails, compliance checks, and portfolio-level analytics in one secure environment.

The Payoff: How Standardized Manager Data Improves Fund of Funds Oversight

When data is standardized, oversight becomes faster, deeper, and more defensible.

  • Review cycles accelerate as manual formatting disappears.
  • Risk indicators and exceptions are automatically flagged and tracked.
  • Reports for boards, clients, and regulators can be generated directly from verified data, with no rework required.

The payoff goes beyond efficiency. Consistent, structured data strengthens your ability to prove oversight, not just perform it.

Leading allocators including Sun Life and AXA are already using Dasseti COLLECT to streamline their multi-manager oversight – creating unified, auditable data environments that enhance transparency and reduce operational risk.

Turn Manager Data into Better Due Diligence Decisions

For Fund of Funds due diligence teams, standardized data is the foundation for efficient, accurate oversight across the entire portfolio.

See how Dasseti COLLECT helps eliminate format chaos, strengthen auditability, and give oversight teams a complete, trusted view of every manager they monitor – book a demo today.

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