Precision LM logo

Precision LM

by SS&C Technologies · Since 1986
No reviews yet
Active1+ countriesCloud
Quick facts
VendorSS&C Technologies
Year launched1986
StatusActive
Location6201 15th Avenue | Brooklyn, NY 11219
Countries served1+
Languages8
Integrations3+
Free tier
Free trial
Contact salesYES

About Precision LM

Precision LM is a loan management software from SS&C Technologies that manages origination, servicing, asset management, and accounting in one integrated platform for all loan types. It combines asset management, hedge funds, insurance, and private markets so organizations can effectively manage their loan processes. The platform supports retirement solutions, providing a comprehensive approach to loan management. Precision LM is designed to cater to a variety of financial institutions, ensuring they can track and manage their loans efficiently. Key capabilities: origination management servicing automation asset tracking accounting integration portfolio analytics Best for: financial institutions that need to manage diverse loan portfolios effectively.

SS&C's Precision LM represents a robust and comprehensive solution designed to address the intricate demands of modern loan lifecycle management. It stands as a testament to the evolving needs of lending institutions, offering a unified platform that seamlessly integrates origination, servicing, and asset administration. At its core, Precision LM aims to streamline operational workflows, enhance profitability, and mitigate risks across commercial and residential loan portfolios. The software's web-based architecture facilitates accessibility and collaboration, ensuring that stakeholders can access critical information and perform essential tasks from virtually any location. The user interface of Precision LM is designed with a focus on clarity and efficiency, featuring a modern, web-based design. While the breadth of its functionality might initially present a learning curve, the interface is generally intuitive, with well-organized modules and clear navigation. The responsive borrower, lender, and investor portals are particularly noteworthy, offering a user-friendly experience that encourages self-service and fosters transparency. Configurable dashboards and pipeline reporting tools provide quick access to key metrics, enabling users to make informed decisions.

Pros & Cons

What users like
  • +Comprehensive Loan Lifecycle Management – Supports end-to-end loan servicing.
  • +Automation for Efficiency – Reduces manual tasks, improving speed and accuracy.
  • +Flexible and Scalable – Supports various loan structures and multi-currency transactions.
  • +Secure & Web-Based – Accessible from anywhere with enhanced security.
  • +Robust Compliance Features – Helps meet regulatory requirements.
What users flag
  • Complexity – May have a steep learning curve for new users.
  • Pricing Transparency – No public pricing information.
  • Limited Marketplace Ecosystem – No mention of third-party add-ons or plugins.
  • Industry-Specific – Primarily serves banking and real estate lending, not general finance.
  • Potential Integration Limits – Unclear how well it integrates with non-SS&C products.

Features

Key features

1. Comprehensive Loan Lifecycle Management – Covers origination, servicing, and asset administration.
2. Web-Based Origination – Secure online access for lenders and borrowers.
3. Automation & Document Imaging – Reduces manual tasks and improves efficiency.
4. Multi-Currency Loan Accounting – Supports complex loan structures.
5. Asset Management & Covenant Tracking – Helps in monitoring borrower performance and compliance.

Additional features

1. Loan Origination & Pipeline Management
2. Loan Servicing Automation
3. Document Imaging & Multichannel Correspondence
4. Borrower & Lender Self-Service Portals
5. Customizable Loan Structures & Flexible Payment Terms
6. Multi-Currency & Multi-Entity Support
7. Regulatory & Compliance Tracking
8. Data Analytics & Reporting
9. Risk Management & Covenant Monitoring
10. Integration with Other SS&C Financial Products

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
8
Interface languages
11
Billing currencies

Available in

All Countries.

Interface languages

EnglishSpanishFrenchGermanPortugueseItalianDutchRussian

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇲🇽MXN🇧🇷BRL

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