01:06 PM
SS&C Previews Syndicated Loans Module
This week at the IASA Educational Conference and Business Show in Seattle, SS&C Technologies (Windsor, Conn.) previewed its CAMRA Syndicated Loans module, which will provide support for the processing of bank debt for the front, middle and back offices for carriers investing in syndicated loans.
According to a press release, SS&C partnered with an insurer to develop capabilities for the module around tracking and accounting for bank debt such as revolvers, term loans, delayed draws and letters of credit. The module is also set to include full support for Schedule D and related insurance regulatory reporting.