NEW YORK — FINSIGHT Group Inc. (“FINSIGHT”), a financial technology company and leading software provider to the US asset-backed securities industry, has announced a strategic partnership and investment in Pledge Path Systems Inc. (“Pledge Path”).
Under the partnership, FINSIGHT will commit capital and operational infrastructure to accelerate growth and adoption of Pledge Path’s credit facility modeling and surveillance engine.
“Every existing and pending asset-backed credit facility stands to benefit from Pledge Path,” said Leo Efstathiou, CEO of FINSIGHT. “It’s fast, intuitive, easy to implement, cost effective and minimally disruptive to our client’s existing processes. While still in its early stages, we profoundly believe in the Pledge Path team and product vision.”
“This partnership with FINSIGHT allows us to deliver on our fundamental promise to clients: making credit facility management simpler, faster and more reliable,” said Branko Blagojevic, CEO of Pledge Path. “By combining our real-time calculation engine with FINSIGHT’s industry footprint, we’re creating a solution that eliminates the traditional pain points of borrowing base management while providing unprecedented visibility into facility performance.”
