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Offshore Financial Services Firm, Lines Overseas Management (LOM) Selects SS&C's CAMRA


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© Business Wire 2008
2008-03-16 17:32:09 -

www.ssctech.com - SS&C Technologies, Inc. Michele Rebiere, 212-319-9790, x2222 Vice President, Public Relations InvestorRelations@sscinc.com SS&C Technologies, Inc. (www.ssctech.com), a global provider of financial services software and software-enabled services, today announced LOM Services Limited, a subsidiary of the LOM Group (www.lom.com), has selected CAMRA(TM), SS&C's portfolio management software, to automate and streamline investment operations across the

firm's multiple business units, including its asset management and brokerage operations.

"We have an aggressive business plan to grow our client base and product suite. To achieve this we strive to stay ahead of the curve when it comes to technology and client service" said LOM President and CEO, Scott Lines. "After reviewing a number of suppliers in the market, we chose SS&C because they demonstrated a deep understanding of our requirements, and their integrated CAMRA platform provides us with flexibility and scalability."

In a single integrated offering, CAMRA addresses the requirements of LOM, supporting their need for straight through processing from investment accounting, post-trade settlement, and reconciliation to reporting and compliance. SS&C CAMRA(TM) is SS&C's flagship portfolio management, investment accounting and reporting solution for asset management firms with advanced multiple-bases accounting and global tax and regulatory processing requirements.

"We are very pleased that LOM has selected the CAMRA platform, and entrusted us with supporting their future growth," said Bill Stone, Chairman and CEO, SS&C. "We continue to demonstrate that our solutions meet the growing demands of the investment management community to increase operational efficiency and deliver superior client service."

The LOM project will incorporate CAMRA, ReportExpress, CI Manager, Extend, Go Trading, and SSCNet.

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) financial institutions, 5) municipal finance, 6) real estate property management 7) commercial lending and 8) corporate treasury. Additional information is available at www.ssctech.com.

About LOM (Holdings) Limited

LOM is a publicly-held, international financial services company, providing a complete range of investment services and products through its regulated subsidiaries in Bermuda, Bahamas, and Grand Cayman. In business for over 15 years, LOM today has over $1 billion in client assets under administration and provides brokerage, asset management, corporate finance services to its primarily high net-worth individual and institutional customers in over 75 countries around the world. The parent company, LOM (Holdings) Limited, is publicly listed on the Bermuda Stock Exchange (symbol LOM BH). The consolidated group is debt-free and has shareholder's equity of over $21 million. Additional information is available at www.lom.com.

Bermuda-based firm adopts leading investment management platform




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