NorthWall Capital partners Broadridge for Sentry portfolio management solution
Private capital solutions provider NorthWall Capital has selected Broadridge Financial Solutions to enhance the management and operation of its private debt portfolio and credit offering.
NorthWall Capital partners with Broadridge
The UK-based credit investment firm will leverage Broadridge’s Sentry loan portfolio management (PM) solution to streamline its investment operations and strengthen its tech infrastructure as it looks to scale.
Sentry operates as a web-based solution that manages deal pipelines and borrower financials, analyses risk and return scenarios, creates reusable covenant rules, aggregates data across different strategies and portfolios, and monitors compliance issues, among other abilities.
Broadridge has been offering the solution as part of its asset management technology suite since its November 2019 acquisition of fintech ClearStructure, and previously extended the solution to compliance and administration services provider TMF Group at the end of last year.
For Mike Sleightholme, president of international and head of asset management solutions at Broadridge, Sentry is currently “enabling transformation in the private credit industry” by automating “critical investment management functions” and connecting fund managers with “technology that allows them to make more informed decisions”.
The fintech vendor’s latest deal with NorthWall Capital follows a string of similar agreements it has managed to strike across the industry so far this year. This includes Danske Bank selecting its trading and market making solution Tbricks in January, and more recently, CGS International selected its Securities Finance and Collateral Management (SFCM) platform earlier this month.
