OPERATIONAL DUE DILIGENCE
Understanding operational
risk through due diligence.
Institutional-grade operational due diligence across fund investments and direct investments, helping asset owners identify, understand and manage non-investment risk.
What We Do
Institutional ODD, led by deeply experienced practitioners.
Investment risk extends beyond performance. Governance, controls, people, systems, third parties and operating infrastructure can all materially affect an investment.
ORC provides independent operational due diligence across both fund and direct investments, applying a rigorous institutional framework while adapting the assessment to the structure, asset class, jurisdiction and maturity of each investment.
Our Assessment
We look beyond the investment case.
01
Governance & Organization
Ownership, governance, senior accountability, organizational structure and key-person dependencies.
02
Operations & Controls
Core processes, control frameworks, asset administration and the operational infrastructure supporting the investment.
03
Risk & Compliance
Risk management, compliance, financial crime, regulatory frameworks and associated oversight.
04
Technology & Resilience
Risk management, compliance, financial crime, regulatory frameworks and associated oversight.
05
Third Parties
Selection and monitoring of administrators, custodians, and other critical outsourced relationships.
Financial & Business Risk
06
Financial sustainability, insurance, audit, business continuity and broader organizational resilience.
Our Process
Rigour where it
matters.
Each review is built around ORC's established ODD process, with the depth and focus tailored to the investment and the client's requirements.
02
Information
Review
Detailed analysis of the RFI, supporting documentation and relevant external information.
Targeted Due Diligence
Meetings
Focused meetings with relevant personnel, supported by process walkthroughs and system demonstrations where appropriate.
01
03
Risk Assessment &
Rating
Independent assessment and rating of identified risks against ORC's institutional standards.
04
Clear, Time-Bound
Recommendations
Concise reporting with practical, specific and time-bound recommendations where remediation is required.
Flexible Delivery
An ODD solution that
works around client needs.
ORC can act as an extension of an existing ODD function or provide a fully managed external solution depending on the client's internal resources and preferred operating model.
01
FULLY OUTSOURCED
End-to-end delivery of the ODD process, from initial information request through diligence, risk assessment and final reporting.
02
CO-SOURCED
ORC works alongside the client's internal team, providing additional expertise, resources and independent challenge where required.
03
TARGETED SUPPORT
Specialist support for specific elements of the ODD process, including document review, meeting preparation, risk assessment or reporting.
Explore ODD Advisory Partner →
Read More
Explore our ODD approach in more detail.
Download our Operational Due Diligence brochure for further information on ORC's approach, coverage and delivery model.
ORC is a specialist consultancy supporting institutional asset owners, asset managers and asset servicers across due diligence, investment operations, and governance.
We help clients identify material risks, strengthen operating models and make better-informed decisions across the investment lifecycle.
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