SS&C Primatics is a comprehensive, cloud-based, end-to-end accounting solution for financial institutions that integrates and automates all risk and finance processes relating to a loan portfolio, from data capture to back-end reporting and analytics. It streamlines loan accounting, increases efficiency, assures data integrity, strengthens compliance and frees managers to focus on making better informed decisions. And it’s the only integrated risk and finance solution with the flexibility to adapt to new and ever changing accounting standards.
Integrate and automate risk and finance processes and eliminate the need for offline manual and spreadsheet-based processes that too often performed outside the loan servicing system.
Solve CECL challenges by being prepared for constantly evolving loan account standard, including the FASB’s 20-16 CECL standard for loan loss reserving.
Improve compliance readiness and reporting with greater automation and data integrity.
Support more informed decision making with advanced analytics, while eliminating processing steps that consume staff time and resources.