#United States #New York #Opus Fund Services #Channel Diligence #Stephanie Sirois

Opus Fund Services Discusses Operational Due Diligence with Stephanie Sirois

In a recent episode of the Opus Open Kitchen podcast, Opus Fund Services, a prominent global fund administrator, welcomed Stephanie Sirois, Co-Founder and Managing Principal of Channel Diligence, to delve into the ever-evolving landscape of operational due diligence (ODD) in the alternative investment sector. This timely discussion is essential for fund managers who are navigating a complex environment where differentiation can dictate success.

The episode, titled Beyond Performance - Elevating Operational Due Diligence, features host Leo LaForce engaging Sirois in a conversation about the critical trends currently shaping the operational processes of fund managers. With over twenty years of experience, including a notable tenure as Global Co-Head of ODD at UBS, Sirois brings a wealth of knowledge and insights to the table. Her perspective is particularly valuable as she now leads Channel Diligence's U.S. operations, a firm dedicated to serving institutional investors and allocating firms through meticulous ODD strategies.

LaForce initiated the dialogue by emphasizing the necessity for operational excellence in today’s capital-raising environment. He pointed out that for many fund managers, operational excellence has transitioned from a mere buzzword to a fundamental requisite for success. "Fund managers must now embrace operational diligence not just to meet industry standards but to stand out amid fierce competition for capital," said LaForce.

Sirois elaborated on why operational due diligence is crucial for investors and fund managers alike. In her view, incorporating a thorough and structured ODD process enables managers to better identify risks, bolster oversight, and ultimately enhance the resilience of their operations. This approach allows funds to be more compliant and well-managed, thus optimizing their opportunities for long-term success. She highlighted that in her experience, elevating the ODD process can significantly affect how businesses attract and retain investment.

Throughout the episode, the enriching conversation highlighted real-life implications. With Sirois's insightful anecdotes from her impressive career, she illustrated the direct correlation between effective operational practices and a firm's ability to attract new investments. By adopting these rigorous operational standards, fund managers can not only improve their operational efficacy but also build trust and confidence with investors, which is invaluable in the competitive investment landscape.

Listeners of the Opus Open Kitchen podcast were encouraged to reflect on their operational practices and consider how they could potentially enhance their own ODD processes. The advice offered by Sirois was both actionable and grounded in her vast experiences, providing a roadmap for fund managers seeking to adapt and thrive in the current market.

This episode signifies Opus Fund Services' commitment to facilitating meaningful discussions on best practices within the alternative investment landscape by featuring diverse perspectives from industry leaders. It also showcases the importance of operational due diligence as a core element of fund management.

To listen to the full episode of Opus Open Kitchen, it is now available on various platforms including Apple Podcasts and Spotify. By tuning in, fund professionals can gain critical insights that can directly influence their strategic initiatives and operational procedures.

About Opus Fund Services
Opus Fund Services is distinguished as an independent global fund administrator recognized for its innovative approach to fund administration. Currently servicing a diverse client base of over 625 alternative investment managers, Opus is renowned for pioneering intelligent automation that addresses industry challenges. With a focus on enhancing transparency and operational security, Opus aims to support both fund managers and investors by offering a unique Digital Back Office.

About Channel Diligence
Channel Diligence is a globally recognized consulting firm dedicated to providing operational due diligence support to institutional investors and fund managers, enhancing decision-making through their expert evaluations. With branches in both the U.S. and Australia, the firm continues to uphold its mission of ensuring investments are managed efficiently and in alignment with best practices.

In conclusion, this discussion between Opus Fund Services and Channel Diligence underscores the evolving nature of operational due diligence which continues to shape business practices and investment strategies in the alternative investment sphere.