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 stated that its Sentry Portfolio Administration resolution will allow Silverview to realize larger operational efficiencies and enhance transparency in its portfolio administration actions for its direct lending enterprise.

“By way of the partnership with Broadridge and their revolutionary Sentry cloud-based resolution, 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 progress of our enterprise,” stated 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 group, debtors and traders, and has had a worthwhile influence on our day-to-day operations.”

Learn extra: TMF Group adopts Broadridge resolution to reinforce non-public debt and CLO providing

Broadridge’s Sentry expertise helps non-public debt funding and portfolio administration processes, enabling corporations to enhance funding resolution workflows and deal efficiency. It helps corporations’ compliance, operations, analysis and pipeline administration by way of evaluation of hypothetical commerce situations, dynamic waterfall projections, mortgage administration and information aggregation throughout methods, portfolios and property.

“There’s a surge in curiosity in direct lending, and particularly amongst non-public credit score corporations, it has brought on a extra pressing give attention to modernizing legacy funding administration methods so organizations can effectively scale,” stated Mike Sleightholme, president of Broadridge Worldwide and head of asset administration options.

Learn extra: Carlyle adopts Broadridge tech for credit score portfolio administration

“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 larger visibility into the funding administration lifecycle.”

Silverview Credit score Companions was based in 2015 by former senior group 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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