Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that its cloud-based solution, Sentry, has been implemented at global investment firm Carlyle to support the management of its private credit and loan obligation (CLO) portfolio.
Sentry’s private credit portfolio management and CLO technology will enable Carlyle to more efficiently manage its trade line, trade compliance and lending functions on a single platform and scale functions as the platform grows.
“With increased demand for credit products and the continued growth of our product offerings, we wanted the right technology to enable us to scale and achieve a platform approach,” said Jim Keogh, Managing Director and Head of Operations for Global Credit of Carlyle. “Sentry has been seamlessly integrated into our technology stack and provides functionality that will enhance our capabilities as we grow.”
“Working closely with Carlyle, we tailored Sentry to meet their portfolio management requirements, which highlighted the need to help manage all aspects of private credit and CLO management,” said Mike Sleightholme, president of international and head of solutions Broadridge Asset Management. “This application really demonstrates the value of the flexibility and scalability our solution offers and how it helps companies position themselves for growth.”
Broadridge’s Sentry PM is a scalable web-based solution that provides front-to-back-office functions in both the private debt and syndicated loan markets to increase overall efficiency, including pipeline investigation and management, pre- and post-trade analysis of what-if transaction scenarios, dynamic waterfall forecasting, loan management and data aggregation across strategies, portfolios and assets.