Hargreaves Lansdown partners with Door to digitise its fund manager due diligence process

Hargreaves Lansdown partners with Door to digitise its fund manager due diligence process

Hargreaves Lansdown partners with Door to digitise its fund manager due diligence process

Author: Door – guidetodoor.com

 

 

The UK’s number one investment platform for private investors, Hargreaves Lansdown, has announced a new strategic partnership with Door, the leading global digital due diligence and risk management platform.

Hargreaves Lansdown has 1.67 million clients in the UK, invested in a considerable range of funds from asset managers across the world through its platform, advisory and Workplace solutions. from December 2021, it will be using Door to streamline and optimise its information gathering and due diligence assessments on asset managers and their investment products

Door’s platform allows Hargreaves Lansdown’s Product Governance, Investment Research and Fund Management teams to create custom due diligence questionnaires, completed by asset managers, with real-time updates on critical issues such as investment risk, governance, sustainability, diversity & inclusion and culture.

Mona Christensen, Head of Client and Product Outcomes at Hargreaves Lansdown says, “We are embracing new technologies to enhance the delivery of our risk controls. Digital transformation in due diligence is an important development to support clients and we are pleased to be partnering with Door. “

Rob Sanders, Co-Founder of Door, says, “We are delighted that Hargreaves Lansdown is joining its global peers, including some of the largest US wealth managers, to help drive the long overdue digital transformation of the due diligence process. Door’s global scale and coverage provides a unique opportunity to asset managers, regardless of size, to access the fund selection teams of the most prominent local, regional and global wealth managers.”

For further information please contact:

Hargreaves Lansdown:
Danny Cox, Head of External Relations.
[email protected] 07989672071

Door:
Rob Sanders, Co Founder
[email protected] 07919303599

 

 

About Hargreaves Lansdown
Over 1.67 million clients trust Hargreaves Lansdown with £138.0 billion (as at 30 September 2021), making us the UK’s number one platform for private investors. Our purpose is to empower people to save and invest with confidence and help them build their financial resilience over the long-term. We provide a lifelong, secure home for people’s savings and investments that offers great value and an incredible service making their financial life easy. www.hl.co.uk

 

 

About Door
Door is the digital interface used by professional investors and investment platforms to access up-to-date information for fund research and operational due diligence. Door streamlines the information exchange, saving asset managers’ time, improving client experience and reducing investment risk. Door works with over 400 asset managers and manager research teams in 38 countries.

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