Life Insurance Company Chooses Loan Servicing Platform

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National Western Life Insurance Co. is deploying SS&C Technologies Holdings Inc.’s cloud-based Precision LM software to support its commercial loan servicing operations.

“SS&C has an exceptional team with expertise that proved to be the right fit for our firm as we scale up our commercial mortgage investments,” says Beverly Hamaker, mortgage loan manager at National Western Life. “We have a positive outlook over the next five years, and with Precision LM, we believe we can provide enhanced support, reporting and an overall lending experience for our borrowers.”

National Western Life says its chose SS&C Precision LM for its flexibility, support for complex loan products, and superior servicing capabilities. National Western Life was looking for a solution to support bespoke loan terms and provide key portfolio analytics.

“We are excited that National Western Life is joining our large insurance client base and look forward to helping them solve complex challenges as their lending business grows,” says Stan Szczepanik, vice president at SS&C Technologies. “We understand how important it is for our clients to have transparency into their loan portfolio data in order to make key business decisions, and we are committed to continuously enhancing and reinvesting in our software to put useful information, reports and analytics at their fingertips.”

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