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Patelco Credit Union Simplifies Its Commercial Loan Processes With SS&C's LMS Loan Suite

One of the Largest U.S. Credit Unions Goes Live on Commercial Loan Origination and Servicing Platform

SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced Patelco Credit Union selected SS&C's commercial loan origination and servicing platform, LMS Loan Suite™.

Communication and integration throughout the origination and servicing process is a key differentiator and LMS Loan Suite's unique capabilities will be fully utilized to streamline and enhance these processes.

"We have had an excellent pre-sale relationship with SS&C to understand and gain confidence in the application," said Cory Schwab, Vice President of Commercial and Secondary Market Loans for Patelco. "The support staff and implementation team have the expertise and experience to ensure a successful implementation. LMS Loan Suite allows us to configure the platform, making our processes far more efficient and positions us for growth."

"This is further proof of our strong reputation in the credit union market space, having been chosen by one of the industry's largest purchasers of loan and loan pools, Patelco," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.