Windsor financial-software maker SS&C Technologies announced Friday a key upgrade to its commercial loan origination and servicing software.
SS&C Chairman Bill Stone said Friday his company has begun offering its LMS 2012 upgrade, with disability and group-life insurer Unum the first to go live with the product.
The package enables commercial lenders to track loan documents, handle processing of fee payments, reimbursements and holdbacks, as well as monitor project costs.
It is also being pitched to potential customers at the Commercial Real Estate Finance/Multifamily Housing Convention & Expo that begins Sunday in Atlanta.
