TMF Group has implemented Broadridge Financial Solutions, Inc.’s Sentry PM, a cloud-based solution, to enhance its private debt and collateralised loan obligation (CLO) service capabilities.
This adoption will facilitate the scaling of TMF Group’s private debt and CLO services by reducing operational risks and providing more informed investment decisions for managers.
The Sentry platform offers increased accuracy and transparency in the private lending process, encompassing front-to-back-office functionalities for improved efficiency, said Broadridge.
TMF Group also plans to introduce a new CLO administration service, leveraging this technology, with a market launch expected in 2024.
Mike Sleightholme, head of asset management and president of Broadridge International, said, “We are delighted to onboard TMF Group onto the Sentry platform so that they can continue to meet both the current and future needs of their clients.
“In today’s landscape, asset servicers are constantly looking for new ways to optimise efficiency, maximise data accuracy and visibility and navigate risk.”
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