SS&C extends loan management platform access to JLL
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SS&C extends loan management platform access to JLL 27 July 2020Connecticut Reporter: Rebecca Delaney
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SS&C Technologies will extend its Precision LM loan management platform to support JLL’s combined $115 billion loan servicing portfolio following its acquisition of Holliday Fenoglio Fowler.
As a primary servicer and provider of commercial loan services to institutional investors, JLL will be able to offer its clients, including mortgage real estate investment trusts, debt funds, and life insurance companies, full access to the agency and multi-family platform, originally adopted in January 2019.
The Precision LM platform provides integrated origination, asset servicing and management, investor accounting and reporting, and borrower self-service throughout the entire loan lifecycle.
Brian Ranallo, senior managing director of capital markets at JLL, commented: “SS&C has demonstrated its commitment to JLL and the agency/multifamily loan space, delivering the functionality we need.”
“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.”
Bill Stone, chairman and CEO of SS&C, added: “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.”
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