SS&C Technologies claims that it offering will enable the financial services organization to better serve its clients by simplifying the closing and settlement process, increasing the quality of mortgage loans while reducing the overall cost to process a loan.
SS&C said that its LMS Loan Suite has the ability to consolidate and track data and generate reports, and the technical assistance offered by SS&C’s customer service team, all enabling more efficient daily loan management.
SS&C Technologies chairman and CEO Bill Stone said this is further proof of the firm’s reputation in the institutional market space, having been chosen by one of the largest industry players.
"We have been able to help automate and streamline loan origination and servicing processes for institutional firms of all sizes and asset types, including the acquisition, servicing, and asset management of distressed whole loans," Stone said.
