Suntera Fund Services Partners with Tenor to Enhance Private Credit Loan Administration

Whats Happening:

Suntera Fund Services, a leading provider of fund and loan administration services, has partnered with Tenor, an AI-powered platform for private credit operations. This collaboration aims to enhance efficiency, scalability, and risk management in private credit loan administration by integrating Tenor's AI-driven automation and data validation tools with Suntera's expertise.

Key Moves:

• Suntera partners with Tenor to leverage AI-powered automation in loan administration

• Integration of Tenor's Loan Central platform to streamline workflows

• Co-sourcing model aims to enhance efficiency and regulatory compliance

By The Numbers:

• Suntera Global has 550 specialists across global offices

• Suntera operates in 9 locations including the Bahamas, Cayman Islands, and Luxembourg

• Tenor automates data validation and borrower monitoring for private credit lenders

Key Quotes:

• "Our co-sourcing partnership with Tenor allows us to scale faster while ensuring our clients' best-in-class reporting, compliance, and portfolio management," - Michael Von Bevern, Co-Managing Director, Americas at Suntera

• "This partnership demonstrates how co-sourcing empowers loan administrators with AI-driven technology without sacrificing control or flexibility," - Tony Chung, Co-Founder & CEO of Tenor

Bottom Line:

The partnership between Suntera Fund Services and Tenor represents a significant step in modernizing private credit loan administration. By combining Suntera's expertise with Tenor's AI-driven technology, the collaboration aims to set a new standard for efficiency, scalability, and regulatory compliance in managing private credit portfolios.

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