Nasdaq Completes Acquisition of Dasseti to Enhance AI Due Diligence Capabilities

Quick Summary

Nasdaq has completed its acquisition of Dasseti, integrating AI-driven due diligence into its Nasdaq eVestment platform. This deal streamlines manager research, DDQs, RFPs, and ongoing monitoring into a single environment, helping institutional investors oversee over $90 trillion in assets under management with higher efficiency and accuracy.

How Does Nasdaq eVestment Integrate Dasseti's Platform?

Nasdaq eVestment integration brings AI-powered due diligence into a unified ecosystem. Institutional investors traditionally struggle with fragmented workflows across spreadsheets and emails. By leveraging Dasseti, institutional teams gain access to centralized DDQ and RFP management directly within their core analytics environment.

• Unified research workflow across public and private markets.
• Coverage extending to 17,000 asset managers representing $34 trillion in AUM.
• Streamlined data entry and faster response times for RFPs.

What Impact Does AI-Powered Due Diligence Have on Asset Management?

Institutional investment workflows require standardizing complex data across global asset classes. Dasseti's AI capabilities automate data extraction from unstructured documents, accelerating selection and oversight. This integration bridges manager databases and institutional decision-making, helping clients move faster from screening to monitoring.

• Powering over $90 trillion AUM across 112,000+ products.
• Connecting 4,800 contributing managers with 1,200 asset owners.
• Private market reach across 16,000 general partners and 95,000 funds.

FF NEWS TAKE:

This deal underscores the aggressive modernization of market infrastructure. Integrating AI-powered due diligence directly into major research platforms eliminates significant operational friction in institutional workflows. As capital flows into complex private assets, institutional tech providers must continuously automate unstructured data processing to stay competitive. Expect industry standards to shift rapidly toward fully integrated, single-pane solutions.