BlueFlame AI announced the launch of its DDQ Manager, a generative AI-powered solution designed for alternative investment managers handling Due Diligence Questionnaires (DDQs) and Requests for Proposals (RFPs). It eases the time and resource burden of managing and responding to information requests by streamlining the entire process from end to end, from auto-generating responses to reviewing and approving questions, to exporting completed content for formatting.
The solution significantly reduces completion time, increases accuracy, and ensures consistency across communications. Library management is dramatically simplified using advanced AI, saving hours of overhead. This gives alternative investment managers a competitive edge in responding to information requests and allows teams to focus on high-value decision making.
“Alternative investment managers have long grappled with the time-consuming and resource-intensive nature of DDQs, often struggling with inconsistent responses, outdated information, and the sheer volume of requests,” said Raj Bakhru, CEO at BlueFlame AI, in a statement. “Using AI in the DDQ process enables managers to efficiently address questions, compare previous answers, and generate responses based on new information.”
“Through our extensive testing and our own use of the technology internally we were able to complete our DDQ’s in 25% of the time, saving an average of 6 hours per DDQ,” said James Tedman, head of Information Security at BlueFlame AI, in a statement. “We expect clients, many of whom have more onerous requests, to see similar results.”