Silverview Credit score Companions, the US funding agency which focuses on the decrease center market, has adopted Broadridge Monetary Options’ expertise to streamline its portfolio administration actions.
Broadridge mentioned that its Sentry Portfolio Administration answer will allow Silverview to realize higher operational efficiencies and enhance transparency in its portfolio administration actions for its direct lending enterprise.
“By the partnership with Broadridge and their progressive Sentry cloud-based answer, we’re in a position to customise, automate and streamline our portfolio administration, reporting and mortgage administration course of to scale and help the continuing development of our enterprise,” mentioned Garrett Yuan, managing director, chief working officer and chief compliance officer at Silverview Credit score Companions. “This enhancement helps us meet the rising reporting calls for of our funding workforce, debtors and traders, and has had a priceless impression on our day-to-day operations.”
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Broadridge’s Sentry expertise helps non-public debt funding and portfolio administration processes, enabling companies to enhance funding choice workflows and deal efficiency. It helps companies’ compliance, operations, analysis and pipeline administration by way of evaluation of hypothetical commerce situations, dynamic waterfall projections, mortgage administration and knowledge aggregation throughout methods, portfolios and belongings.
“There’s a surge in curiosity in direct lending, and particularly amongst non-public credit score companies, it has precipitated a extra pressing concentrate on modernizing legacy funding administration programs so organizations can effectively scale,” mentioned Mike Sleightholme, president of Broadridge Worldwide and head of asset administration options.
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“Broadridge is thrilled that Silverview Credit score Companions has chosen Sentry to construct the infrastructure to assist them scale their enterprise for entrance, center and back-office performance, and achieve higher visibility into the funding administration lifecycle.”
Silverview Credit score Companions was based in 2015 by former senior workforce members of the UBS Legacy Funding Financial institution. It focuses on serving the decrease center market and specialises in loans ranging between $10m (£7.86m) and $30m.
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