Dasseti formally launched its Engage platform to help investor relations teams streamline the RFP response process.
The new Dasseti Engage platform aims to improve distribution and speed up responses to client and consultant requests that can be time-consuming for asset managers and private equity GPs. The tool allows managers respond more quickly to DDQs and RFPs as they come in with prefilling capabilities powered by Natural Language Processing based on previous answers.
Teams are able to publish data updates across standard DDQs, consultant or clients’ tailored templates as well as distribute live client materials efficiently and securely. The software also has Microsoft Word, Excel, Outlook and SharePoint plugins that make it even easier to deal with data and information requests. According to Dasseti, Engage leverages one of the investment sectors’ most comprehensive AI-enabled search features to recognize specific industry terms and variants used by different investors and their consultants.
“Meeting investor and consultant demands for data has traditionally been time-consuming and laborious, and often results in missed opportunities or team burnout,” Wissem Souissi, CEO and Founder of Dasseti. “Managers are overloaded with an increased number of requests either related to new opportunities or to existing relationships (clients and consultants) reporting commitments.”
Dasseti Engage can work alongside existing RFP tools, CRMS and Q&A banks to extract, flex and publish data across all DDQs, client templates and helps with consultant databases updates. The features are aligned to aid investor relations and RFP teams scale monthly, quarterly or annual reporting with increased efficiency.
The launch completes the firm’s existing offerings that include Dasseti Collect and Dasseti Collect for ESG that are geared toward institutional investors looking to streamline the data gathering process and client reporting. Dasseti Engage’s release follows Dasseti’s Series A financing led by Nasdaq Ventures in January 2023.
“By automating and streamlining the way investor relations and RFP teams work, the platform takes investor processes and specific requirements into account, while allowing asset managers to provide consistent information faster and with less risk, Dasseti Engage will be a valuable tool for investor relations teams, allowing for greater efficiency and capacity to manage increasing requests for data,” added Souissi.
