TCI Sells Product Lines To SS&S Technologies

Published January 09, 2012, 6:47 p.m. EST

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Updated August 26, 2020, 11:05 p.m. EDT

1 Min Read

HAUPPAUGE, N.Y. – TCI said it has sold five of its products to SS&C Technologies Holdings, Inc., to concentrate on its loan origination solution – DecisionLender – which generated the majority of its revenue in 2011.

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SS&C bought TCI’s AddressScreener, CreditScreener, My Credit Screener, Tenant/Employment Screener and FraudScreener services for credit unions.

“After reviewing our business plan, we felt it was the right time to focus on our core product, DecisionLender,” said George Nagrodsky, chairman of TCI. “Our loan origination products are experiencing significant growth, and we believe that the loan origination marketplace offers tremendous opportunity.”

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