Company Market Research Report: Door

Company Overview

• Name: Door

• Mission of the Company: Door aims to transform how information flows in the asset management industry by promoting a standardized, customized, and democratized exchange of information to enhance due diligence processes and client engagement.

• Key People in the Company:

• Steve Goldstein (CEO)

• Rob Sanders (Head of Strategic Relationships)

• Erin Bichell (Chief Operating Officer)

• William Welde (CFO)

• Where is the Company Headquartered: The company operates with teams located in New York, London, Baltimore, and Liverpool.

• Number of Employees: The report indicates a team of 30 professionals.

• Revenue of the Company: No information is available.

• What is the Company Known For: Door is known for providing a digital platform that facilitates efficient, in-depth engagement between asset managers and asset owners by streamlining due diligence processes.

Products

• Platform Offering: Door offers a global digital platform for information exchange in the asset management industry.

• High-Level Description:

• A one-stop platform for asset managers to share information efficiently and for asset owners to access it.

• Enables the exchange, management, and updating of data on products and firms in all markets.

• Key Features:

• Standardization: Built on a comprehensive Standard Question Set for a 'one-to-many' solution.

• Customization: Flexibility for manager research teams to add proprietary questions.

• Real-Time Updates: Information is updated universally and in real-time for all clients.

• ESG and DEI Integration: Provides detailed sustainability disclosures through standardized question sets.

• Scalability: Allows for global scaling of industry best practices and seamless customization.

• Security: SOC 2 Type-2 certified ensuring robust security for data exchange.

Recent Developments

• Recent Developments in the Company:

• Door has formed a new strategic partnership with Ramsey Crookall to streamline and optimize due diligence information gathering.

• Introduction of the Consumer Duty solution in partnership with FE fundinfo, ensuring compliance with the Financial Conduct Authority’s guidelines.

• Partnership with City Hive to incorporate the ACT Framework for enhancing transparency and inclusivity in investment management.

• New Products Launched: No specific new products mentioned, but ongoing improvements and partnerships to enhance the current platform.

• New Features Added to Existing Products:

• Enhanced dashboard and analytics tools for in-depth fund-by-fund analysis.

• ACT Framework integrated to streamline reporting and support transparency in due diligence.

• Any New Partnerships:

• Partnership with Ramsey Crookall announced in October 2023.

• Collaboration with City Hive on the ACT Framework since May 2022.

Conclusion

Door is a pivotal player in the asset management industry, focusing on streamlined information exchange and due diligence processes. The platform’s emphasis on global scalability, standardization, and customization of data transmission makes it a valuable tool for asset managers and owners alike. Their strategic partnerships and integration of sustainable and inclusive frameworks highlight Door’s commitment to evolving industry standards and client needs.