PAG Selects Broadridge as Cloud-Based Portfolio Management Technology Provider to Strengthen Private Debt Operations
Shivaji Dound | October 27, 2020
Broadridge Financial Solutions, Inc. a worldwide Fintech pioneer, declared that PAG, one of the world's biggest Asia-centered speculation gatherings, has picked Broadridge as a cloud-based portfolio the board innovation supplier. The improvement will uphold PAG's capacities for its private obligation activities.
Broadridge will give PAG an exceptionally adaptable cloud-based framework that will additionally upgrade its abilities. The Broadridge Sentry portfolio the executive's arrangement will help PAG's private obligation group completely incorporate center and back-office tasks into a solitary smoothed-out innovation framework.
"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 main private obligation director in Asia, PAG gives financing solutions to its accomplices over the area. With innovation and activities that can deftly scale to help continuous development, PAG will keep on being all around situated to investigate future changes.
Broadridge ceaselessly fortifies its capacities to meet the developing innovation needs of the private obligation and private value commercial center. Its securing of ClearStructure Financial Technology extended its capacities to improve venture work process proficiency for portfolio directors, and its private value stage influences blockchain innovation to interface the mind-boggling private value lifecycle for all market members.
Broadridge Financial Solutions, Inc. a U.S. $4 billion global Fintech leader, is a leading provider of investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers and corporate issuers. Broadridge's infrastructure underpins proxy voting services for over 50 percent of public companies and mutual funds globally, and processes on average more than U.S. $8 trillion in fixed income and equity securities trades per day. Broadridge is part of the S&P 500® Index and employs over 12,000 associates in 17 countries.
PAG is one of the world's largest Asia-focused private investment firms, with a network of 200 seasoned investment professionals in nine key offices in Asia and around the world. With experience across industries and market cycles, PAG delivers value to investors by seeking out market leaders and investing to help them reach their full potential. The firm invests globally with a primary focus on Asia. PAG currently manages US$40 billion in capital on behalf of more than 150 leading institutional investors from Europe, North America, Asia and the Middle East.