Many commonly used security questions in RFIs undercut the due diligence process for institutional investment firms by eliciting potentially misleading, ambiguous, or irrelevant information.
Asset Allocators can avoid unnecessary risk in vendor selection by following four guidelines that strengthen and streamline their firm’s due diligence activities. These guidelines can be used to improve your current RFI security section or to vet security questionnaire templates you may wish to adapt for your own use.