LONDON and NEW YORK, Dec. 13,
2023 /PRNewswire/ -- Global Fintech leader Broadridge
Financial Solutions, Inc. (NYSE:BR) announces that TMF Group,
a leading provider of critical compliance and administration
services, has enhanced its private debt and Collateralised Loan
Obligation (CLO) service capabilities with the adoption of
Broadridge's Sentry PM, a cloud-based private debt and CLO
portfolio management solution.
"This is an important step for TMF Group and our commitment to
provide the highest standards of service to our clients," said
Gareth Casement, Head of Loan
Administration at TMF Group. "We were quickly impressed by the
broad functionality of Broadridge's loan management platform and
the significant efficiencies that can be achieved for our clients.
We look forward to leveraging the Sentry platform to further scale
our business and to future-proof all of our operational needs."
The technology enhancement will enable TMF Group to
significantly scale its private debt and CLO services businesses by
reducing operational risks and empowering investment managers to
make more informed investment decisions. Broadridge's platform will
also enable TMF Group to launch a new service offering for CLO
administration, which it plans to bring to market in 2024.
"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," said Mike
Sleightholme, Head of Asset Management and President of
Broadridge International. "In today's landscape, asset
servicers are constantly looking for new ways to optimise
efficiency, maximise data accuracy and visibility, and navigate
risk. Our fast, flexible and integrated platform allows them to
achieve these goals, quickly and with ease."
Broadridge's Sentry solution brings greater accuracy and
transparency to the private lending process and provides
front-to-back-office functionality to increase overall efficiency.
Sentry is a scalable web-based solution that captures, calculates
and analyses the borrower's KPIs, monitors the pipeline, improves
credit selection, and creates reusable covenant rules. Besides
managing day-to-day loan administration, Sentry allows users to
monitor compliance issues and reconcile and aggregate data.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with over $6 billion in
revenues, provides the critical infrastructure that powers
investing, corporate governance, and communications to enable
better financial lives. We deliver technology-driven solutions that
drive business transformation for banks, broker-dealers, asset and
wealth managers and public companies. Broadridge's infrastructure
serves as a global communications hub enabling corporate governance
by linking thousands of public companies and mutual funds to tens
of millions of individual and institutional investors around the
world. Our technology and operations platforms underpin the daily
trading of more than $10 trillion of
equities, fixed income and other securities globally. A certified
Great Place to Work®, Broadridge is part of the S&P 500® Index,
employing over 14,000 associates in 21 countries.
For more information about us, please visit
www.broadridge.com.
About TMF Group
TMF Group is a leading provider of critical administrative
services, helping clients invest and operate safely around the
world. Our 10,000 experts and 125 offices in 86 jurisdictions
worldwide serve corporates, financial institutions, asset managers,
private clients and family offices, providing the combination of
accounting, tax, payroll, fund administration, compliance and
entity management services essential to global business
success.
We work with 60% of the Fortune Global 500 and FTSE 100, and
almost half the top 300 private equity firms, covering sectors as
diverse as capital markets, private equity, real estate,
pharmaceuticals, energy and technology.
TMF Group – we make a complex world simple.
www.tmf-group.com
Media contacts:
Europe
Amelia
Erswell
BroadridgeEMEA@cognitomedia.com
+44 (0) 7582497230
North
America
Matthew
Luongo
+1 646-818-9279
mluongo@prosek.com
Asia
Pacific
Teneo
ASIA-broadridge@teneostrategy.com
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