Home / Investor Relations / Press Releases / Press Release Details

Press Release Details

View all news
Bank of the West selects SS&C's Lightning™
Sep 09, 2009
WINDSOR, CT - September 9, 2009 - SS&C Technologies, Inc. (www.ssctech.com), a global provider of financial services software and software-enabled services, today announced that Bank of the West has selected Lightning™, SS&C's full-service capital markets ASP solution, to support the fixed income trading, sales and safekeeping services for its capital markets business.

Headquartered in San Francisco, California, Bank of the West has significantly expanded its capital markets business in recent years. To streamline transaction processing across the organization, Bank of the West will implement SS&C's Lightning platform to manage its front, middle and back office operations.

"After a thorough due diligence and competitive review process, we concluded that SS&C offered us the most comprehensive, functionally-rich, and cost effective solution to meet our requirements for integrating processes and optimizing our operations," said Dave Harvey, executive vice president, operations, for Bank of the West. "With a solid, proven and scalable technology solution in place, we now have greater potential to support and grow our fixed income and funding product suites."

"We are seeing that forward-thinking financial institutions like Bank of the West are continuing to invest in technology to improve productivity and customer service," said Bill Stone, chairman and chief executive officer, SS&C Technologies, Inc. "We look forward to working with the team at Bank of the West to provide a scalable solution with the flexibility to support their business as it changes and grows."

About Bank of the West
Based in San Francisco, $62.3 billion-asset Bank of the West (www.bankofthewest.com) offers a full range of business, corporate, personal, trust and international banking services. The Bank operates more than 700 branch locations and commercial banking offices in 19 Western and Midwestern states. Bank of the West's holding company, BancWest Corporation, is a subsidiary of BNP Paribas, among the six strongest banks in the world, according to Standard & Poor's.

About SS&C Technologies
SS&C delivers investment and financial management software and related services focused exclusively on the financial services industry. By leveraging expertise in common investment business functions, SS&C cost effectively serves clients in the different industry segments, including: 1) insurance entities and pension funds, 2) institutional asset management, 3) hedge funds and family offices, 4) treasury, banks and credit unions, 5) municipal finance, 6) real estate property management, 7) commercial lending and 8) financial markets. Additional information is available at www.ssctech.com.

Categories: Press Releases
View all news

Patrick Pedonti 
Chief Financial Officer, SS&C Technologies 
Tel: 1-860-298-4738 
E-mail: InvestorRelations@sscinc.com

Justine Stone Investor, Relations, SS&C Technologies
Tel: 1- 212-367-4705
E-mail: InvestorRelations@sscinc.com

Media Contacts 
Sean Welch 
PAN Communications
Tel: (407) 734-7330
E-mail: ssc@pancomm.com