DD|hub gives advisers instant online access to a thorough library of due diligence questions and responses from providers to help firms meet the FCA’s due diligence rules and expectations.
In the past, conducting due diligence has often been an arduous process, involving the issuing of multiple questionnaires and ‘standard packs’ which rarely cover all the foreseeable harms an adviser now must consider. DD|hub cuts through the paperwork and brings due diligence to the digital age, giving advisers instant access to the information and tools they need, to evidence that they've considered all the risks and foreseeable harms to their clients.
With help from threesixty, due diligence questions have been carefully selected to help support your central governance processes. Responses are delivered online by the provider and updated in real time to reflect any changes.
Instant responses
Filter the range of services to meet your firm and client requirements and get access to comprehensive due diligence on over 200 products and services, covering platforms, discretionary services and multi-asset funds. No other system has the breadth or depth of pure due diligence questions or responses to meet the FCA’s expectations.
Straightforward comparisons
Easily compare features, options and review detailed due diligence responses. Responses from providers are provided side by side on screen in a consistent, structured way, making it easy to compare and assess responses from different firms.
Never miss an update
Follow providers and get alerts when they change a response to your question A crucial part of the Consumer Duty and PROD monitoring process, DD|hub will notify you about any changes made to the due diligence information held.
Easy exports and reporting
Easily export data to PDF or Excel. Create reports for audit trail purposes or for discussion at your firm’s governance committee meetings.
The FCA has said that good quality research and due diligence is essential for good customer outcomes and avoiding foreseeable harms. The regulator has also clearly said that ‘research’ and ‘due diligence’ are two separate processes.
The videos below explain the FCA's expectations, and how DD|hub can help firms undertake and evidence advisers that they have selected appropriate solutions and undertaken the necessary due diligence.
DD|hub provides access to comprehensive due diligence on over numberOfServices products and services, covering platforms, discretionary services, SIPP's, and multi-asset funds from the following providers.