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Bank of the West Opts For SS&C’s Lightning

To manage its front, middle and back office operations and streamline transaction processing across the organisation

Bank of the West has selected Lightning, SS&C Technologies’ full-service capital markets ASP solution, to support the fixed income trading, sales and safekeeping services for its capital markets business.

Dave Harvey, executive vice president, operations, Bank of the West, said: 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. 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.

Bill Stone, chairman and chief executive officer, SS&C Technologies, said: 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. 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.

SS&C Technologies delivers investment and financial management software and related services focused exclusively on the financial services industry.

Based in San Francisco, Bank of the West offers business, corporate, personal, trust and international banking services.