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Socium Fund Services Optimizes Private Credit Fund Administration with Broadridge Technology
To more efficiently manage complex private credit loan portfolios and scale its middle- and back-office operations, Socium Fund Services, a Suntera Global Company and leading private credit fund administration firm, has implemented the Sentry loan portfolio management technology from global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR).
“We’re strengthening our technology infrastructure and building on our deep technical expertise in managing complex private credit portfolios on behalf of our clients,” saidk Jason Meklinsy, chief revenue and strategy officer, Socium Fund Services. “Broadridge’s Sentry solution, with its ability to handle a multitude of loan varieties and integrated workflow solutions, will further enhance Socium’s robust tech stack, enabling us to continue to deliver exceptional service to our growing private credit client base.”
“To better support fund administrators, our technology solution streamlines processes, automates critical functions and helps firms accelerate product innovation and enter new markets to grow,” said Mike Sleightholme, Broadridge’s president of international and head of asset management solutions. “We are excited to work with Socium as they transform and grow their business.”
Broadridge’s Sentry solution brings greater accuracy and transparency to the private lending process and provides front-to-back-office functionality to increase overall efficiency. Sentry is a scalable web-based solution that captures, calculates and analyzes the borrower’s KPIs, monitors the pipeline, improves credit selection, and creates reusable covenant rules. Besides managing day-to-day loan administration, Sentry allows users to monitor compliance issues and reconcile and aggregate data.
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Moody’s Affirms Africa Finance Corporation’s (AFC) A3 Rating, An Achievement Sustained for Over a Decade, with Outlook Stable
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has once again had its long-term issuer credit rating of A3 affirmed by Moody’s Ratings, a rating first assigned in 2014 and consistently maintained for over a decade. Moody’s affirmed this rating with a stable outlook and affirmed AFC’s short-term issuer rating at P-2, underscoring the Corporation’s status as one of the highest-rated investment-grade institutions in Africa.
ECB Taps G+D Partnership for Digital Euro Resilience
Advancing the preparation of a digital euro, the European Central Bank (ECB) has announced the conclusion of the framework agreements for each of the five digital euro negotiated procurement procedures (also see the notice view in the Official Journal of the EU). A cooperation between Giesecke+Devrient (G+D) partnering with Nexi and Capgemini has now been selected as the first ranked tenderer in the framework agreement to provide an end-to-end solution to make digital euro payments offline available to users and merchants across Europe. The ability to pay offline, with no third-party involvement, is a key feature of the digital euro, which would ensure privacy and resilience as only cash does today.
G2 Risk Solutions Finalizes EverC Transaction
G2 Risk Solutions (G2RS) today announced the completion of its transaction with EverC, expanding G2RS’ global reach and adding proven AI-powered risk solutions to its product suite.
Digital Banking Partnership with Moorwand
Tap Global Group plc (AIM: TAP), an innovative digital finance hub that brings money payments and crypto settlement services together in a single user-friendly app, is pleased to announce a landmark strategic partnership with Moorwand, a UK FCA regulated Electronic Money Institution (EMI). Through this partnership, Tap will integrate Moorwand's comprehensive Banking-as-a-Service (BaaS) platform to provide customers with dedicated GBP accounts, complete with Sort Codes and Account Numbers, and EUR accounts with individual IBANs.
First City Credit Union Modernizes Member Communications with Eltropy
Eltropy, the leading AI-powered digital conversations platform for community financial institutions, announced today that First City Credit Union has selected its Unified Platform to improve how it communicates with members across all departments and channels. The partnership is a key step in the credit union's progress towards becoming a digital-first organization.
Bud Financial Launches MCP Server to Accelerate AI Agents with Bank-grade Financial iItelligence
Bud Financial (“Bud”), the AI platform that turns banking data into actionable insights, today announced the release of the Bud MCP server, enabling rapid development of AI agents that benefit from a deep, real-time understanding of users’ finances. Bud’s MCP server lets AI applications integrate seamlessly with Bud’s platform so that banks can rapidly deploy AI internal and customer facing systems while safely leveraging their core customer data.
Children Today Get £224 Less a Year in Pocket Money Than Their 2005 Peers, New Figures Show
For many children, pocket money is their first step towards financial independence, giving them a chance to make their own decisions about saving and spending. But new analysis from Wealthify shows that allowances peaked almost 20 years ago and have been in long-term decline ever since, leaving today’s children with less money of their own than their peers in the mid-2000s.
Moody’s Affirms Africa Finance Corporation’s (AFC) A3 Rating, An Achievement Sustained for Over a Decade, with Outlook Stable
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has once again had its long-term issuer credit rating of A3 affirmed by Moody’s Ratings, a rating first assigned in 2014 and consistently maintained for over a decade. Moody’s affirmed this rating with a stable outlook and affirmed AFC’s short-term issuer rating at P-2, underscoring the Corporation’s status as one of the highest-rated investment-grade institutions in Africa.
Business Show Media, Organizer of the World’s Largest Business Events, Reimagines the White Label World Expo for an Exciting New Era
Business Show Media, the award-winning powerhouse behind the world’s most influential business events, has officially acquired the White Label World Expo, with a vision to transform it into an unmissable global platform for innovation, partnerships, and growth.
The Finalists Announced for the 2025 FF Awards
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How the New Generation of Digital Wallets Will Upend Fintech
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EXCLUSIVE: “‘Shadow Boxing'” – Rajul Sood, Acuity Knowledge Partners in ‘The Fintech Magazine’
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Vennre Builds Wealth Tech Platform
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The Evolving Role of Payment Orchestration in E-Commerce
As global e-commerce continues to surge, the need for seamless, intelligent, and flexible payment infrastructure has never been greater. With online shopping reshaping retail and customer expectations rising, merchants are increasingly investing in technologies that optimise payment flows, reduce friction, and maximise conversion rates.