Silverview Credit Partners Optimizes Investment Operations with Broadridge's Private Debt Portfolio Management Solution

Rhea-AI Summary

Silverview Credit Partners has partnered with Broadridge Financial Solutions Inc's Sentry Portfolio Management solution to optimize its technology capabilities and streamline its private credit investment processes, enabling greater operational efficiencies and increased transparency in portfolio management activities. The partnership aims to meet the growing reporting demands of the investment team, borrowers, and investors, and to support ongoing business growth.

Insights

Market Research Analyst

The integration of Broadridge's Sentry solution into Silverview Credit Partners' operational framework represents a strategic move to capitalize on the burgeoning private debt market. The demand for private credit and direct lending has been increasing, which necessitates more robust and scalable technological solutions. This partnership underscores a broader trend within the financial industry where firms are investing in technology to enhance operational efficiency and transparency, a key factor that can attract investors looking for accountability and precise reporting.

From a market perspective, such technological adoptions can be a signal to investors that a firm is positioning itself for growth and is responsive to market demands. The ability to streamline operations and improve transparency might not only lead to cost savings but could also enable Silverview to manage a larger volume of investments more effectively, potentially impacting the firm's profitability in the long run.

Financial Technology Expert

Financial technology, or 'fintech', is becoming increasingly important in the asset management sector, with cloud-based solutions like Broadridge's Sentry leading the charge. Sentry's role in automating and streamlining investment processes is critical as it allows for real-time tracking and management of private debt investments. The technology's capacity for dynamic waterfall projections and loan administration is particularly relevant for private credit firms that deal with complex and varied payment structures.

The adoption of Sentry by Silverview Credit Partners could serve as a benchmark for similar firms in the industry, highlighting the importance of investment in fintech to remain competitive. The scalability and comprehensive nature of Sentry's platform can be a differentiator in the market, potentially affecting Silverview's market share and the valuation of Broadridge Financial Solutions as providers of such enabling technologies.

Compliance and Operations Analyst

Operational compliance is a significant concern for private credit firms like Silverview Credit Partners. The Sentry solution's ability to support compliance efforts is noteworthy. It can mitigate risk by ensuring that the investment processes adhere to the regulatory standards, which is crucial for maintaining investor trust and avoiding legal pitfalls. The enhanced reporting capabilities provided by this technology can also be seen as a proactive approach to meeting regulatory demands for transparency and thorough documentation.

The operational improvements brought about by Sentry, such as automated loan administration and portfolio management, could lead to a reduction in human error and an increase in the speed of transaction processing. These improvements are essential for Silverview's operational resilience and could have a positive impact on the firm's reputation and operational risk profile, which are important considerations for stakeholders and investors alike.

Broadridge's Sentry solution to streamline and further automate Silverview's private credit investment processes

NEW YORK, Jan. 31, 2024 /PRNewswire/ -- As investor demand for private debt and direct lending investments grows, Silverview Credit Partners has optimized its technology capabilities to support this asset class with global Fintech leader Broadridge Financial Solutions Inc's. (NYSE: BR) Sentry Portfolio Management solution. This technology will enable Silverview Credit Partners to achieve greater operational efficiencies and increase transparency in its portfolio management activities for its direct lending business.

"Through the partnership with Broadridge and their innovative Sentry cloud-based solution, we are able to customize, automate and streamline our portfolio management, reporting and loan administration process to scale and support the ongoing growth of our business," said Garrett Yuan Managing Director, Chief Operating Officer & Chief Compliance Officer at Silverview Credit Partners. "This enhancement is helping us meet the growing reporting demands of our investment team, borrowers and investors, and has had a valuable impact on our day-to-day operations."

"There is a surge in interest in direct lending, and especially among private credit firms, it has caused a more urgent focus on modernizing legacy investment management systems so organizations can efficiently scale," said Mike Sleightholme, President of Broadridge International and Head of Asset Management Solutions. "Broadridge is thrilled that Silverview Credit Partners has chosen Sentry to build the infrastructure to help them scale their business for front, middle and back-office functionality, and gain greater visibility into the investment management lifecycle."

Broadridge's Sentry cloud-based technology supports private debt investment and portfolio management processes, enabling firms to increase control and efficiently strengthen investment decision workflows and deal performance. The scalable platform provides an integrated approach to tracking private debt investment as well as syndicated loan markets in real time. Sentry supports firms' compliance, operations, research and pipeline management through analysis of hypothetical trade scenarios, dynamic waterfall projections, loan administration and data aggregation across strategies, portfolios and assets.

About Silverview Credit Partners

Silverview Credit Partners was founded in 2015 by former senior team members of the UBS Legacy Investment Bank. Silverview Credit Partners focuses on identifying overlooked fundamental value in primarily illiquid, special, private situation, and lower middle market loans. Silverview Credit Partners, specializes in debt transactions between $10mm and $30mm and assesses each situation on a case-by-case basis to develop a strategy that fits the borrower's needs. As of September 30, 2023, Silverview has closed 90 transactions. Learn more at www.silverviewcredit.com.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance and communications to enable better financial lives. We deliver technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. In addition, Broadridge's technology and operations platforms underpin the daily trading of on average more than U.S. $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is a part of the S&P 500® Index, employing over 14,000 associates in 21 countries.

For more information about Broadridge, please visit www.broadridge.com.

Media contact:

Matthew Luongo
Prosek Partners
+1 646-818-9279
mluongo@prosek.com

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SOURCE Broadridge Financial Solutions, Inc.

FAQ

What is the name of the global Fintech leader partnering with Silverview Credit Partners?

The global Fintech leader partnering with Silverview Credit Partners is Broadridge Financial Solutions Inc.

What is the ticker symbol for Broadridge Financial Solutions Inc?

The ticker symbol for Broadridge Financial Solutions Inc is BR.

What is the purpose of the partnership between Broadridge and Silverview Credit Partners?

The partnership aims to streamline and automate Silverview's private credit investment processes, achieve greater operational efficiencies, and increase transparency in portfolio management activities.

Who is the Managing Director, Chief Operating Officer & Chief Compliance Officer at Silverview Credit Partners?

The Managing Director, Chief Operating Officer & Chief Compliance Officer at Silverview Credit Partners is Garrett Yuan.

What type of technology does Broadridge's Sentry solution provide?

Broadridge's Sentry solution provides cloud-based technology to support private debt investment and portfolio management processes, enabling firms to increase control and efficiently strengthen investment decision workflows and deal performance.