National Western Life Selects SS&C for Loan Management and Accounting Automation

WINDSOR, Connecticut., November 3, 2020 / PRNewswire / – SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that National Western Life Insurance Company (“National Western Life”) will implement SS&C cloud-based Precision LM software to support charges its commercial loan management operations.

“SS&C has an exceptional team with expertise that has proven to be the right solution for our business as we increase our investments in commercial mortgages,” said Beverly hamaker, director of mortgages at National Western Life. “We have a positive outlook for the next five years, and with Precision LM, we believe we can provide improved support, reporting and an overall lending experience to our borrowers. “

National Western Life chose SS&C Precision LM for its flexibility, support for complex loan products and superior service capabilities. National Western Life was looking for a solution to support tailored loan terms and provide key portfolio analyzes. SS&C is the partner of choice for over 50 percent of the top 40 life insurance companies investing in commercial mortgages.

“We are delighted that National Western Life is joining our vast insurance customer base and look forward to helping them solve complex challenges as their lending business grows,” said Stan szczepanik, vice-president at SS&C Technologies. “We understand how important it is for our clients to have transparency in their loan portfolio data in order to make key business decisions, and we are committed to continuously improving and reinvesting in our software to bring useful information, reports and analysis at your fingertips. ”

About National Western Life Insurance Co.

National Western Life Insurance Company is a Colorado company with executive offices in Austin, Texas, and is a wholly owned subsidiary of National Western Life Group, Inc. Since its inception in 1956, National Western Life has focused on financial strength for the protection of its policyholders. The Company offers a broad portfolio of life insurance and annuity products, providing professional and friendly service to its policyholders and agents.

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 is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world’s largest companies to small and medium-sized enterprises, trust SS&C for expertise, scale and technology.

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