CODUDE
A secure, Cloud-based platform providing an end-to-end due diligence solution for the bilateral exchange of questionnaires for any third-party relationship.
download product fact sheetCarrying any questionnaire, Requestors and Responders drive the process with automation and efficiency that reduces workload from the outset.
CODUDE features and benefits:
Questionnaires Available in CODUDE
CODUDE houses any type of questionnaire, both industry-led and proprietary including:
- AFME Standard Due Diligence Questionnaire,
- Wolfsberg
- ISSA Operational Resilience Questionnaire (ISSA ORQ)
- Digital Operational Resilience Act Questionnaire (DORAQ)
Operational Efficiency
CODUDE provides an immediate and measurable reduction in manual effort surrounding your due diligence process, digitising questionnaires and responses, providing flexibility and accuracy in processing and transmitting data. Automated workflows, full audit trails and transparency of ownership ensure high levels of collaboration between all parties. Creation of automated scoring models and the ability to review changes to the questionnaire and changes in responses year-on-year with ease and efficiency.
Interoperability
MGTL led the way in promoting the interoperability and digitisation of the AFME DDQ across the industry and vendor community. We have adopted the AFME excel DDQ format which allows responders to create, import and export the AFME excel within CODUDE in just a few clicks. The AFME excel will be compatible with any portal that holds the AFME questionnaire in this new approved excel format.
Cost Efficiency
PricingAny institution can use and benefit from CODUDE to perform and control their Due Diligence using industry standard templates or bespoke proprietary questionnaires. It represents a straight-through, low‑effort due diligence process at the lowest cost in the market.
Delta Management
Delta management identifies and highlights where questions and answers have changed year‑on‑year, providing management by exception and resulting in further workload reduction.
Clone and Copy
Responders can benefit from creating their response in CODUDE and using its clone functionality to replicate responses year-on-year with exception-based updates only.