16 December 2017
visit www.avoka.com

SS&C Technologies wins Grand Coast Capital Group business

07 November 2016  |  2203 views  |  0 Source: SS&C Technologies

SS&C Technologies Holdings, Inc. (SSNC), a global provider of financial services software and software-enabled services, today announced that Grand Coast Capital Group has selected both SS&C's Precision LM™ loan servicing and accounting solution and SS&C's fund administration services.

Based in Hingham, Massachusetts , Grand Coast Capital Group is a national private-lending firm and real estate fund manager that provides creative financing to real estate investors, builders, and developers. SS&C will provide Grand Coast Capital with a single, cloud platform for commercial loan origination, servicing and accounting, integrated with SS&C's fund administration services and cloud-based fund services portal. In addition to superior transparency, Grand Coast Capital Group investment managers, borrowers, and investors will now have secure, 24/7 web access to a wealth of summary reports, analytics and detailed information from any desktop or mobile device.

"Precision LM will enable us to bring our entire servicing operations in-house and be more nimble and enhance responsiveness for our borrowers," said Jeff Carter , CEO & Founder, Grand Coast Capital Group. "The ability to leverage SS&C's technology and services will provide us with significantly more efficiency, transparency, and sophisticated reporting and analytics. SS&C's cloud-based infrastructure and expertise will give us flexibility to scale as we originate new loans, grow our assets and bring on new investors."

SS&C's fund services web portal provides a transparent view into the entire fund administration workflow and delivers secure, on-demand data to senior management, operations, accounting, audit, marketing teams, and investors. The result is exceptional transparency and access for fund managers, regulators and clients.

"Loans are proving to be an attractive asset class for hedge funds and private equity firms," said Bill Stone , Chairman and Chief Executive Officer of SS&C Technologies. "Very few vendors can provide integrated software and services for both loans and fund administration. SS&C delivers Grand Coast Capital a solution to bring loan servicing in-house. They can now provide the control, transparency, and advanced analytical tools their investors demand." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.ebaday.comvisit www.response.ncr.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10377 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9840 views comments | 18 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7071 views comments | 19 tweets | 21 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6471 views 0 | 4 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
6231 views comments | 9 tweets | 9 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job