Industries
Data room for wealth and asset managers
Short answerAsset and wealth managers use data rooms to answer investor due diligence, buy or sell management firms and share reports with clients. MAS licensing, compliance records and strong client data protection are central.
How it works in Singapore
Singapore hosts hundreds of licensed fund managers and many private banks and external asset managers.
Best data rooms for wealth and asset management
Our five measures re-weighted for this use case, with a small bonus for rooms built for it. Prices before 9% GST.
- 1
Ellty ~S$191/mo 9.1 Visit Ellty - 2
iDeals On quote 8.6 - 3
Datasite On quote 8.6 - 4
Ansarada On quote 8.5 - 5
Intralinks On quote 8.4 - 6
Firmex On quote 8.3 - 7
Drooms On quote 8.3 - 8
SmartRoom On quote 8.1 - 9
Box ~S$19/user/mo 8.0 - 10
Citrix ShareFile ~S$70/mo 7.9
28%Security19%Deal tools22%Permissions16%Ease of use16%Cost
Folder index for wealth and asset management
01
FirmLicence, ownership, governance.
02
ComplianceCompliance manual, AML, breaches.
03
Investment processProcess and risk management.
04
PerformanceTrack record and attribution.
05
Service providersAdministrators and custodians.
Singapore rules that apply
Securities and Futures Act
Fund management needs a capital markets services licence unless exempt.
MAS approval
Changes in substantial shareholders of licensed firms may need MAS approval or notification.
More detail: MAS technology risk.
Features you need
| Feature | Why it matters here | Rooms in our top 10 that list it |
|---|---|---|
| View and download control | Each file can be set to view-only, print or download, and the setting can be changed later. | 9 of 10 |
| Audit trail | Time-stamped history of who opened, printed or downloaded each document, exportable for a dispute, insurer or regulator. | 10 of 10 |
| Two-factor login | Every login needs a one-time code, app approval or security key as well as the password. | 10 of 10 |
| Dynamic watermarks | The reader's name, email and time are stamped across each page as it opens, so a photographed page can be traced. | 10 of 10 |
How to set it up
- Keep a standard DDQ packAnswer investor questionnaires from one source.
Mistakes to avoid
- Old performance figures in circulation.
- Client names in shared files.
Questions people ask
What do institutional investors check in a Singapore manager?
Licence, ownership, compliance, investment process, operations and service providers.
Can a data room hold DDQs?
Yes, a standard due diligence questionnaire pack saves time with each investor.
Does selling a fund manager need approval?
Changes in control of a licensed firm often need MAS approval.