TMF Group has adopted Broadridge Financial Solutions’ private debt management solution, Sentry PM.
Sentry PM is a cloud-based, collateralised loan obligation (CLO) portfolio management solution. The service allows for greater accuracy and transparency in the private lending process and helps increase overall efficiency.
The platform will further enable TMF Group to launch a new service for CLO administration, which is expected to launch in 2024.
Gareth Casement, head of loan administration at TMF Group says: “We were 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.”
Mike Sleightholme, head of asset management and president of Broadridge International, adds: “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.”
