This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Home Financial Services, Inc. Goes Live On Lightning(TM)

WINDSOR, Conn., Jan. 16, 2013 (GLOBE NEWSWIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced Home Financial Services, Inc., the investment services wholly-owned subsidiary of Home Federal Bank, went live on Lightning™, SS&C's full service software-as-a-service (SaaS) platform.

Tennessee-based Home Financial Services implemented Lightning to achieve an integrated, straight-through-processing environment to support its growing investments and safekeeping business and provide enhanced services to its clients. Led by SS&C's positive existing relationship with Home Federal Bank (Home Federal Bank uses SS&C's PortPro as its bond accounting platform) and its previous provider sun setting its software, Home Financial Services recognized Lightning was the preferred choice in meeting their technology needs now and into the future.

"As a progressive provider of fixed income investment services, we need to use the most innovative technologies to attract and retain a wider range of clients," said Mitchell Kincer, Vice President, Home Financial Services, Inc. "Lightning has facilitated a more efficient workflow and eliminates potential safekeeping errors. The contemporary SaaS solution was also a key strategic factor as it allows us to scale and grow while avoiding inflated operational costs."

"Home Financial Services recognizes the importance of integrated, flexible and scalable technology like Lightning as a catalyst for efficiency as they grow," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Organizations like Home Financial Services place a great deal of emphasis on expertise and knowledge and innovative technology infrastructures and we are pleased to be fundamental to their success."

About Home Financial Services, Inc.

In August, 1984, Home Financial Services, Inc. was started as a wholly-owned subsidiary of Home Federal Bank for the purpose of offering to customers a service of purchasing and selling fixed income securities.

About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. Some 5,500 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $26 trillion in assets.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs