Acuity Knowledge Partners has introduced RFP Pulse, a managed digital solution leveraging generative AI and semantic search, designed to enhance the efficiency and quality of Request for Proposal (RFP) and Due Diligence Questionnaire (DDQ) responses for asset and wealth managers. Early clients have reported substantial efficiency gains with the solution.
RFP Pulse is built specifically for financial services workflows, integrating generative AI, semantic search, and a structured content repository with Acuity’s domain expertise and service layer. This format-agnostic solution automates and accelerates document ingestion, content retrieval, draft generation, and formatting across various document types, including Word, Excel, and digital DDQ tools. This capability aims to significantly reduce the time and effort required for client teams.
Live client deployments have shown measurable results, including 25-30% overall efficiency gains, reduced manual effort, and improved response quality. Specific impacts include a 70% reduction in time to retrieve responses and an 80-85% accuracy rate in initial drafts. The solution is being adopted by top-tier global asset managers, who are experiencing bandwidth savings and efficiency improvements.
Sailaja Devireddy, Global Head of Financial Marketing Services at Acuity Knowledge Partners, commented on the development: “We are extremely pleased with the developments achieved through RFP Pulse, an innovative tool that integrates Generative AI with human expertise to enhance productivity and collaboration.” Devireddy added that the solution draws on Acuity’s extensive experience, which includes supporting over 70 financial institutions and 250+ RFP specialists whose insights were crucial in its development.
Chanakya Dissanayake, Head of Delivery Strategic Initiatives (Asset Management) at Acuity Knowledge Partners, noted: “By automating every stage of the RFP and DDQ process, we’re helping firms enhance productivity and maintain top-tier quality.” Jon O’Donnell, Chief Operating Officer of Acuity Knowledge Partners, further stated: “With RFP Pulse, we’re redefining what efficiency and quality look like for asset and wealth managers. It’s a key step forward in our mission to deliver scalable, intelligent solutions that help financial services firms work smarter and stay ahead of the curve.”
Acuity Knowledge Partners, headquartered in London with 16 locations worldwide, provides bespoke research, data management, analytics, talent, and technology solutions to the financial services industry. The firm supports over 650 financial institutions, including asset managers, corporate and investment banks, private equity and venture capital firms, hedge funds, and consulting firms. Established as a separate entity from Moody’s Corporation in 2019 following its acquisition by Equistone Partners Europe, Acuity saw funds advised by global private equity firm Permira acquire a majority stake in January 2023, with Equistone remaining a minority shareholder.
