Onboarding refers to the detailed intake process by which new managers or allocators are brought into a platform or system. This process is crucial for ensuring that all parties comply with legal, regulatory, and operational standards. It often involves identity verification, a thorough due diligence process, and the setup of necessary technology infrastructure. For funds, onboarding could include access to trading systems, integration of reporting tools, and compliance verification with KYC/AML requirements. A seamless onboarding process fosters stronger, long-term relationships between managers and allocators.