CDL is a secure, cloud-based portal which allows asset managers a complete real-time view of their credit portfolio from their desktop, smartphone or tablet device. This solution is available for credit strategies deployed via closed-ended, open-ended or hybrid structures.
CDL displays real-time loan performance data and break down of transactions and loan portfolios as well as daily fund and asset level P&L calculations. This loan data is displayed in a visual platform with highly customisable reports and dashboards, suitable for all groups within each organisation. From Operations to Compliance, there are dashboards suitable to allow each access to the relevant data as and when it’s required.
Apex’s dedicated credit team deployed via a global operating model supports clients with the technology and resources to successfully scale their operations. There has been rapid growth in allocations to credit strategies since the beginning of the global pandemic, driven by the low-interest environment and demand for private lending from companies seeking capital to fund post-Covid growth.
Apex continues to innovate, and now also offers a market-leading service that supports a new generation of sophisticated Sustainability Linked Loans (“SLL”). Apex’s SLL offering ensures all the necessary tools for both borrowers and lenders to achieve real impact and accurate reporting.
CDL joins Apex’s existing comprehensive offering for credit investment strategies and vehicles which includes:
- Daily P&L
- Loan Administration
- Full Reconciliation
- Payment Processing
- Trade Support
- Loan Closing & Agency
- ESG Services for Credit Strategies
This announcement further demonstrates Apex’s continued commitment to evolving and strengthening its single-source solution to deliver the broadest range of locally delivered solutions in the industry; across banking, depositary, custody, fund administration, corporate solutions and ESG services.
Eddie Kelly, Global Head of Loan Services, Apex Group comments: “With the explosion of interest in credit strategies, we are excited to launch these new capabilities as part of our robust, adaptable and scalable suite of industry leading technologies. The Apex Credit Data Lens provides our clients with unparalleled visibility of their portfolio as part of our complete credit services ecosystem, to ensure a seamless data flow through all aspects of the fund and help managers to achieve their goals.”
About Apex Group
Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 85 offices in 42 countries worldwide and 10,000 employees upon the close of announced acquisitions, Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.
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