Tools for Conducting Technical Due Diligence (e.g., MarketWatch, Finviz)

 When you’re about to invest in or acquire a tech company, you want to be sure their technology is solid—not just on the surface, but deep under the hood. That’s where technology due diligence comes in. It’s your best shot at finding hidden tech flaws, compliance issues, or scalability problems before the ink dries on the deal.

But here’s the thing: you don’t have to go it alone. There are some powerful tools out there that can make this process smoother, smarter, and more accurate.

Let’s take a closer look at how you can use various tools—including financial platforms like MarketWatch and Finviz—to get the full picture.

What is Technology Due Diligence?

Before we jump into tools, let’s quickly clarify what we mean by technology due diligence. It’s essentially the process of evaluating a company’s entire tech environment—code quality, software architecture, development team, security posture, infrastructure, and much more.

It’s a crucial step before investing, merging, or acquiring any tech-driven business. For a deeper dive into what this includes, here’s a helpful guide on What is Tech DD.

Tools That Help With Tech DD (and Why They Matter)

1. Code Analysis & Repository Tools

  • GitHub / GitLab
    Great for reviewing commit histories, developer activity, and overall software health. You can also spot issues like lack of documentation or inconsistent coding practices.

  • SonarQube
    A code quality scanner that detects bugs, security vulnerabilities, and technical debt. Perfect for understanding how “clean” and sustainable a codebase really is.

These tools can tell you a lot about how mature a company’s software development process is—and whether it will scale efficiently or buckle under pressure.

2. Infrastructure & Deployment Tools

  • AWS CloudWatch / Azure Monitor
    These tools give insight into system performance, resource usage, and uptime.

  • New Relic / Datadog
    Use these for application performance monitoring (APM). They’re essential if you're assessing how well the tech handles traffic, errors, or bottlenecks.

These tools help paint a picture of how the technology runs in the real world—fast, reliable, and scalable… or not.

3. Cybersecurity Assessment Tools

  • Nessus / Qualys
    Use these vulnerability scanners to identify open ports, outdated libraries, or exploitable systems.

  • OWASP ZAP
    Excellent for security testing web applications during a DD review.

Security risks can tank a deal. Early detection saves time, money, and reputation.

4. Financial Analysis Tools for Tech-Driven Businesses

This might seem odd in a tech DD context—but platforms like MarketWatch and Finviz offer incredible insight into the company’s market positioning, investor sentiment, and financial trends.

  • MarketWatch gives access to press releases, earnings reports, and valuation trends—helpful if you’re buying or merging with a public tech company.

  • Finviz is useful for identifying investment potential by tracking stock patterns, insider trading, and sector-specific data.

These tools help align what you find in tech due diligence with the company’s business and investment health.

5. Architecture & Integration Assessment

  • Lucidchart / Draw.io
    Use these to map out system architecture and integration points. This helps visualize how systems communicate, and whether custom software pieces are tightly (or loosely) coupled.

Understanding custom software integration is critical—especially if the company’s tools need to play nice with your existing tech stack.

6. Vendor and Outsourcing Tools

If the company relies on external vendors or third-party developers, it’s worth digging into their partnerships. Early evaluation of outsourcing tools and contracts can highlight dependency risks.

  • Upwork Enterprise / Toptal
    These platforms give transparency into outsourced team credentials, project tracking, and reviews.

  • Jira / Asana
    Check how well tasks are assigned and monitored, especially if the company uses IT outsourcing services. A well-managed outsourcing setup is often a strength—but only if properly structured.

Tips for Using Tools Effectively in Tech DD

Using the right tools is half the battle—the other half is knowing how to use them. Here’s what to keep in mind:

  • Ask for access early. The sooner you’re inside systems or dashboards, the faster you can evaluate.

  • Create a scorecard. Use tool outputs to rank tech quality, team capability, and risks.

  • Don’t go solo. Bring in third-party auditors if needed—they can interpret tool results in an unbiased way.

  • Compare outputs. Use insights from different tools to cross-validate what the company is telling you.

Conclusion

Technology due diligence is more than just a checklist—it's your compass for making smart business decisions. With the right tools like SonarQube, GitHub, MarketWatch, and even cloud performance trackers, you can dig deeper, move faster, and uncover the truth behind the tech.

Whether you're investing in a startup, acquiring an established player, or just exploring a potential partnership, these tools help you turn uncertainty into confidence.

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