Alter Domus Enhances Middle Office Private Debt Offering Across Services, Technology, and Data Integrations

Alter Domus' focus on custom offerings with clients' preferred platforms ensures consistency across the full loan lifecycle

CHICAGO: Alter Domus, a leading provider of tech-enabled fund administration, asset and corporate services for the alternative investment industry, has refined its middle office services as part of its comprehensive private debt offering. The offering brings together services, proprietary technology, and data integration, allowing private debt managers, broadly syndicated loan managers, and CLO managers to scale their strategies and meet their evolving needs.

By combining services, technology and data integration, Alter Domus delivers a best-of-breed front- to back-office solution, with a strong focus on continuous updates and seamless integration with clients’ preferred front-office, cloud, or back-office platforms and tools.

This commitment is evident in the firm’s $1.4 trillion debt assets under administration, and its ability to service complex bespoke loans, such as payment-in-kind (PIKs), unitranche, participations and non-pro rata while maintaining a “golden copy” of the client’s data throughout the entire loan lifecycle. Clients benefit from a cohesive, customized middle-office solution that is capable of handling today’s increasingly complex credit environment and the unique ways that each firm approaches their fund operations.

Greg Myers, Sector Head of Private Debt at Alter Domus said: “The middle office has long been underserved when it comes to loan servicing, and Alter Domus’s enhanced middle office capabilities address this gap. It is the result of our decades of experience serving loan market participants together with significant investments in specialized loan technology.”

Alter Domus’s middle office service offering includes:

• Loan Services: Alter Domus’s servicing teams provide a cost-effective and scalable solution that includes loan accounting, tracking, reconciliation, and reporting, all carried out on the firm’s proprietary solutions, Solvas and Virtual Back Office.
• Agency Services: Alter Domus is the largest loan agency service provider on the market, serving the world’s biggest private debt and broadly syndicated loan (BSL) managers. Its scalable, proprietary technology coupled with sector-specific knowledge is purpose-built to reduce the risk and burdens of administering leveraged loan, private credit, and BSL transactions for clients.

To learn more about Alter Domus’s comprehensive private debt offering, visit https://alterdomus.com/services/private-debt-solutions/.

About Alter Domus

Alter Domus is a leading provider of tech-enabled fund administration, private debt, and corporate services for the alternative investment industry with more than 5,100 employees across 39 offices globally. Solely dedicated to alternatives, Alter Domus offers fund administration, corporate services, depositary services, capital administration, transfer pricing, domiciliation, management company services, loan administration, loan agency services, trade settlement and CLO manager services.

Find out more at www.alterDomus.com.

Fonte: Business Wire