High demand for loan management in the online lending sector

By: Errol Winter

At the popular Lendit USA 2017 conference in New York City, more than 6,000 online lending leaders gathered to meet in person, connect, and discuss trends in the online lending industry.

This year, SS&C Technologies attended Lendit for the first time. It was an incredible opportunity to learn more about peer-to-peer lending and to talk about how our Precision LM solution can help online lenders. We spoke with many conference attendees, who all learned about how Precision LM can help them ease their loan management processes and improve their overall efficiency.

The Precision LM loan management solution from SS&C provides a single, flexible, integrated platform that supports the full loan lifecycle.

Its key features include:

  • A single point of entry that increases efficiency by eliminating redundant data, reducing errors, and lowering maintenance and operating costs
  • A fully integrated system that supports the entire loan lifecycle from both a servicing and accounting perspective that enforces data validation and dependency rules.
  • A centralized loan portfolio that allows users to maintain a detailed loan history and audit trail from inception and generate comprehensive loan portfolio reporting from a single database

SS&C Technologies, Inc. (NASDAQ: SSNC) is an independent provider of loan management software and outsourcing services to the global financial services industry, including more than 60 of the top life insurance companies, multifamily lenders, servicers, banks, and mortgage REITs. Our unique Precision LM software integrates origination, servicing, asset management, and reporting into a single application that improves efficiency and enhances operational control. Precision LM is built on the latest technology and offers a highly automated and flexible solution with unrestricted access to data through executive dashboards, web-based reporting, and mobile applications.

To learn how Precision LM can optimize your loan servicing operations, request more information or contact Errol Winter at 212-659-4657 / ewinter@sscinc.com.