For Immediate Release
SS&C Expands Services to JLL
Precision LM to support combined $115 billion loan servicing portfolio
WINDSOR, CT, July 27, 2020 -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced Precision LM will support JLL’s combined $115 billion loan servicing portfolio following the real estate company’s acquisition last year of Holliday Fenoglio Fowler, LP (HFF).
JLL is a rated primary servicer and industry-leading provider of commercial loan services to more than 50 institutional investors. JLL servicing clients include Fannie Mae, Freddie Mac, Ginnie Mae, CMBS originators, mortgage REITs, debt funds and life insurance companies. JLL adopted SS&C’s Precision LM as its agency/multifamily loan servicing platform in January 2019 and is now expanding to include HFF’s loan portfolio. Additionally, many JLL life insurance clients also use SS&C’s Precision LM software so that JLL can realize further efficiencies in communication, information sharing, and access to data.
“SS&C has demonstrated its commitment to JLL and the agency/multifamily loan space, delivering the functionality we need,” said Brian Ranallo, Senior Managing Director, JLL Capital Markets. “Technology is critical for what we do for clients and our relationship with SS&C will enable us to improve automation, operational efficiency, and deliver for our borrowers and investors consistently.”
SS&C Precision LM’s loan management platform provides integrated origination, servicing and asset management, investor accounting and reporting, and borrower self-service for complete loan lifecycle management. Additionally, Precision LM has been integrated with SS&C’s AWD business process management platform to provide seamless content management and process automation.
"SS&C is a leader in developing and supporting loan servicing software. We are excited to build on our momentum in the agency/multifamily space with our expanded level of service with JLL," said Bill Stone, Chairman and CEO of SS&C Technologies. "As an independent technology company focused on innovation, SS&C is committed to continuously advancing Precision LM to support client and industry requirements.”
About SS&C Technologies
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
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