Carlyle has adopted Broadridge Financial Solutions’ cloud-based solution, Sentry, to support its private credit and collateralised loan obligation (CLO) portfolio management.
The technology will enable the investment giant to manage its deal pipeline, trade compliance and loan operations more efficiently on a single platform, and to scale operationgs more easily.
“With increased demand in credit products and ongoing growth of our product offerings, we wanted the right technology that would enable us to scale up and achieve a platform approach,” said Jim Keogh, Carlyle’s managing director and head of operations for global credit. “Sentry has smoothly integrated with our technology stack and provides functionality that will improve our capabilities as we grow.”
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Sentry is a web-based solution that provides front-to-back-office functionality to both the private debt and syndicated loan markets. Its technology covers research and pipeline management, pre- and post-trade compliance, analysis of hypothetical trade scenarios, dynamic waterfall projections, loan administration and data aggregation across strategies, portfolios and assets.
“Working closely with Carlyle, we customized Sentry to specifically suit their portfolio management requirements, which emphasized the need to help manage all aspects of private credit and CLO administration,” said Mike Sleightholme, Broadridge’s president of international and head of asset management solutions. “This implementation really showcases the value of the flexibility and scalability our solution offers and how it helps position firms for growth.”