TMF Group adopts Broadridge solution to enhance private debt and CLO offering

TMF Group, which provides compliance and administration services, has adopted technology from Broadridge Financial Solutions to enhance its private debt and Collateralised Loan Obligation (CLO) service capabilities.

Broadridge said that its Sentry PM, a cloud-based private debt and CLO portfolio management solution, will enable TMF Group to significantly scale those segments of its business by reducing operational risks and helping investment managers to make more informed investment decisions.

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Broadridge’s platform will also enable TMF Group to launch a new service offering for CLO administration, which it plans to launch next year.

The technology provider said that its Sentry solution brings greater accuracy and transparency to the private lending process and provides front-to-back-office functionality to increase overall efficiency. As well as managing day-to-day loan administration, it allows users to monitor compliance issues and aggregate data.

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“In today’s landscape, asset servicers are constantly looking for new ways to optimise efficiency, maximise data accuracy and visibility, and navigate risk,” said Mike Sleightholme, head of asset management and president of Broadridge International.

Our fast, flexible and integrated platform allows them to achieve these goals, quickly and with ease.”

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