Dasseti
Dasseti, founded as Diligend and rebranded in January 2023 with Nasdaq Ventures among its strategic shareholders, builds due diligence and data exchange software sitting between institutional allocators and the managers who report to them. Two platforms face opposite sides of that exchange. Dasseti COLLECT serves asset owners, consultants and fund of funds teams running operational and investment due diligence, covering digitized questionnaires built on industry standard templates or custom ones, automated response flagging, comparison and scoring, research management, fund review workflows, a manager relationship record, an external manager portal and analytics.
Dasseti ENGAGE serves the manager side, helping investor relations teams respond to questionnaires and requests for proposal, and integrates directly with the Nasdaq eVestment Omni consultant database. A separate module collects sustainability data against a long list of reporting frameworks. The inference layer runs through the workflow rather than beside it: Sidekick AI embedded across the process, Smart Docs extracting structured data from portable documents, word processor files and adviser registration filings, Smart Writer assembling investment committee ready reports directly from structured responses and source documents, and automated flagging of regulatory gaps in responses. Clients include asset owners, consultants and managers holding more than $20 trillion in combined assets.
Capability Axes
Capability grades
15 of 15 axes rated · 8 graded A or B
Models carry meaningful throughput without being the whole product. They extract data from portable documents, word processor files and adviser registration filings. They flag and score responses, and they generate committee ready reports from structured data. All of that is work a person would otherwise do at volume. The company sold digitized questionnaires, workflow, relationship records and analytics before any of it, and without the inference that platform still functions. The inference is described as embedded across the whole workflow rather than added at one point. The questionnaire and workflow spine stays independent of it.
A verification step is described rather than implied. Responses are prefilled and then verified, which places a human between generation and submission, and flagged risks are raised for a team to assess rather than acted on. Generated reports go to an investment committee, which is a human decision point by construction. No approval gate is published as a control, and no confidence threshold routes an uncertain extraction to a person. Nothing states what the embedded assistant is prevented from doing.
Accuracy and context awareness are asserted as qualities, with no accuracy rate, validation approach, benchmark or drift policy published for extraction, flagging or generation. The closest real property is that generated reports are described as drawn directly from structured responses and source documents. That points toward provenance. It is stated as a description of how the writing tool works, not as a guarantee that every generated assertion traces to a record.
Named clients come with published case studies. A large insurer uses the platform to monitor a multi asset portfolio, an institutional manager uses it to streamline manager oversight, and a named outsourced due diligence provider is quoted on why it selected the platform. The named references and the numbers never join.
The quantified claims, roughly fivefold productivity improvement and a quarter of work compressed into three weeks, are attributed to due diligence teams generally rather than to any of the named clients.
The commitment is specific. The platform is stated to call a named cloud hosted model service configured for zero data retention, so a buyer learns both where inference happens and that the material sent there is not kept. It covers the external model service rather than the platform itself. No statement addresses whether customer content is used to train or improve anything the vendor controls, and no tenancy or isolation position is published for the questionnaire and document estate.
For the platform as a whole, there are no published processing terms, subprocessor list, retention schedule or privacy commitment. The zero retention commitment that is published applies to the external model service only.
One named certification is stated as held rather than aligned with, an annual style attestation covering the platform. The company also states that the system has been penetration tested and has passed review by large institutional clients. Only one certification is named, and there is no public trust portal or report request route. The full scope of the client review claim is unverified.
Dasseti holds no license, registration or supervised status, and none would be expected. It supplies software to regulated allocators and managers rather than performing a licensed activity. The product is positioned partly around helping customers meet their own obligations, including flagging regulatory gaps in manager responses against named directives and filing regimes. That is compliance capability rather than the vendor's own standing.
The vendor publishes no evaluation methodology, testing regime or governance position for the inference layer. The live question here is selection and scoring rather than protected class fairness: the system flags which manager responses look risky and scores them for comparison, so a systematic tilt in what gets flagged shapes which managers receive scrutiny and which pass quietly. Nothing published describes how that flagging is evaluated.
The vendor publishes no liability position, indemnity, accuracy warranty or remediation route. The consequence is specific in this product: a missed disclosure or a wrongly cleared response feeds an allocation decision on behalf of pension and endowment beneficiaries, and the audit trail the platform maintains would record what was reviewed without allocating responsibility for what the model failed to surface.
A buyer knows the provider but not which model produces a flag, an extraction or a report. The model service is named plainly on the product page, as part of a security and privacy statement rather than buried in a partnership announcement. No model family or version is identified, and none is mapped to a specific feature. Nothing is administrator selectable, and no alternative or failover is described.
This is the system of record for the function it serves. A due diligence team keeps the manager record here, issues and tracks questionnaires here, and centralizes documents and meeting notes here. It also maintains the audit trail a reviewer or investigator would ask for. Named integrations extend it outward.
A direct connection into the Nasdaq eVestment Omni consultant database lets database narratives be managed alongside questionnaires in one workflow, and a partnership with an investment management platform supports monitoring operations.
The platform is described as cloud hosted and the model service it calls is named, which tells a reader something about the processing path, but no region, jurisdiction, residency commitment or tenancy position is published. Material for a customer base spanning European, North American and African institutions whose manager files include confidential fund documentation.
Every commercial route ends in a demo request, and no price, tier or unit of charge is published. Nothing states whether the embedded inference features carry an incremental charge or sit inside the base platform.
Four distinct institution types are addressed with separate products rather than one audience with a second page. They are asset owners, investment consultants, asset managers and general partners, plus fund of funds teams and outsourced due diligence providers. Clients are published as holding more than $20 trillion in combined assets. Reach is global, with named clients and partners in Europe, North America and southern Africa and a European private capital association partnership. The sustainability module covers reporting frameworks spanning several jurisdictions, which widens the regulatory footprint further.
Product updates
Material product, regulatory, evidence and commercial changes at Dasseti, each verified against a live source and tagged to the capability axis it bears on. Funding rounds and awards are not product changes and are not logged.
Nasdaq completed its acquisition of Dasseti, first announced in July 2026, and is folding its due diligence and monitoring capability into Nasdaq eVestment, unifying RFP, due diligence questionnaire and database management workflows for asset managers. Financial terms were not disclosed.
Compared With
Most editorial comparisons pair two vendors the index assesses as direct competitors for the same buyer. Some pair vendors that are adjacent rather than rival, where the useful question is where one ends and the other begins. Each carries a verdict, the buyer conditions that favor each vendor, and a graded side by side.
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Pricing
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No pricing data has been verified for this vendor. Pricing information will be published here once confirmed through vendor disclosure or third-party estimation.