SS&C Technologies Holdings, Inc. Releases Precision LM 4.0 - an Integrated Loan Servicing and Accounting Platform
January 10, 2019 at 09:00 am
Share
SS&C Technologies Holdings, Inc. announced the release of Precision LM 4.0, the newest version of the company's commercial/multifamily loan servicing solution. Precision LM is a single, integrated platform supporting loan application through payoff. The latest version provides a number of valuable enhancements: improved property insurance tracking, Risk Based Capital (RBC) reporting and comprehensive Home Mortgage Disclosure Act (HMDA) compliance. Precision LM natively tracks a wealth of HMDA-related data required by lenders and servicers originating multifamily loans. In anticipation of new HMDA reporting requirements going into effect, SS&C has worked in tandem with its clients and the Mortgage Bankers Association to expand the amount of filing data tracked. As a result, automation of the HMDA reporting is significantly faster, improving productivity, providing operating leverage and reducing errors.
SS&C Technologies Holdings, Inc. is a global provider of services and software for the financial services and healthcare industries. The Company provides software-enabled services that allow financial services providers to automate business processes. The Company allows its clients to automate and integrate front-office functions such as trading and modeling, middle-office functions such as portfolio management and reporting, and back-office functions such as accounting, transfer agency, compliance and regulatory services. The Company provides its solutions within the institutional asset and wealth management, alternative investment management, retirement, financial advisory and financial institutions vertical markets. It provides solutions to the healthcare industry, including pharmacy, healthcare administration and health outcomes optimization solutions. Its healthcare solutions include claims adjudication, benefit management, care management and business intelligence services.
SS&C TECHNOLOGIES HOLDINGS, INC. 
