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Precision LM that supports refinement $2.4 billion Loan Servicing Portfolio
Windsor, Connecticut, October 26, 2022 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Precision LM will support A10 Capital’s sophisticated US. $2.4 billion Loan servicing portfolio consisting primarily of real estate loans.
A10 Capital is a primary and special servicer specializing in structuring and servicing commercial real estate loans, including direct bridge loans and long-term perpetual loans with complex financing structures. A10 adopted SS&C’s Precision LM as its direct lending, loan servicing and wealth management platform to meet its unique business needs and enhance the borrower experience. Commercial real estate lenders are currently going through a robust implementation process for SS&C. It focuses on maximizing revenue and streamlining business processes while maintaining the day-to-day business flow of existing clients.
“SS&C has demonstrated its commitment to A10 by providing implementation expertise integrating industry-leading Precision LM solutions. Jamie Berenger, Chief Operating Officer and Credit Officer of A10 Capital. “For A10, innovative technology is paramount to providing the best service to our borrowers with an easy-to-navigate portal and enhanced workflow efficiency.”
SS&C Precision LM’s loan management platform provides all-in-one integrated origination, service and asset management, investor accounting and reporting, and borrower self-service for complete loan lifecycle management.
“SS&C is thrilled to have A10 Capital join our list of valued clients. We are committed to serving all clients from the moment of first contact and throughout the partnership. I will,” he said. Stan Szczepanik, Vice President of SS&C Technology. “As an independent technology company focused on innovation, SS&C understands our clients’ unique challenges and delivers customized solutions with Precision LM.”
About A10 Capital
Founded in Boise, Idaho In 2007, A10 Capital became a vertically integrated, full service direct bridge and perpetual commercial real estate lender.The company is focusing on fundraising $5 million $50M+ per property, portfolio loans up to $200 million Nationwide. A10 originates and services all loans in-house by A10.
A10 Capital raises loans directly with borrowers and through the best mortgage banks in the country.
Since its inception, A10 has financed over 550 individual transactions, totaling $5.3 billion We offer senior secured bridge and permanent loans across 40 US states.
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 Windsor, Connecticut, and offices around the world. Nearly 20,000 financial services and healthcare organizations, from the world’s largest corporations to small businesses, rely on SS&C for their expertise, scale and technology.
Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
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Source SS&C
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