Broadridge to Provide Cloud-Based Portfolio Management for PAG

Broadridge Financial Solutions, a self-described “global fintech leader,” has revealed that one of the largest investment groups in Asia, PAG, has chosen it as a “cloud-based portfolio management technology provider,” according to a press release from the group.

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,” the release also notes.

Speaking on the matter is Derek Crane, the COO at PAG, who said:

“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.”

Also sharing some thoughts is Eric Bernstein, the president of Asset Management Solutions at Broadridge, who said:

“We are delighted that PAG has chosen Broadridge’s portfolio management technology in Asia to advance its operational efficiencies in private debt. Investors are demanding robust growth alongside transparency, and our technology systems can help clients achieve both needs.”