PAG Chooses Broadridge to Modernize Portfolio Management Technology, Bolster Private Debt Operations
NEW YORK, Oct. 26, 2020 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, announced that PAG, one of the world's largest Asia-focused investment groups, has chosen Broadridge as a cloud-based portfolio management technology provider. The enhancement will support PAG's capabilities for its private debt operations.
Broadridge will provide PAG with a highly scalable cloud-based system that will further enhance its capabilities. The Broadridge Sentry portfolio management solution will help PAG's private debt team fully integrate middle- and back-office operations into a single streamlined technology system.
"Private debt in Asia has provided significant opportunity for firms that can manage the complexity inherent in these markets. PAG has an established track record of success, and the support of Broadridge's technology will help us as we position ourselves for the next phase of growth," said Derek Crane, COO at PAG.
"We are delighted that PAG has chosen Broadridge's portfolio management technology in Asia to advance its operational efficiencies in private debt," said Eric Bernstein, president of Asset Management Solutions at Broadridge. "Investors are demanding robust growth alongside transparency, and our technology systems can help clients achieve both needs."
As a leading private debt manager in
Broadridge continually strengthens its capabilities to meet the growing technology needs of the private debt and private equity marketplace. Its acquisition of ClearStructure Financial Technology expanded its capabilities to improve investment workflow efficiency for portfolio managers, and its private equity platform leverages blockchain technology to connect the complex private equity lifecycle for all market participants.
SOURCE Broadridge Financial Solutions, Inc.
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