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SS&C@State Farm

State Farm Adopts SS&C for Banking Operations

State Farm, a financials organization in the United States, uses Geneva from SS&C to support banking operations for operations and product.

Value results

CategoryValue result
ProductivityFewer stalled items because core processing has a clear owner
ProductivityHandoffs in banking operations sit in a shared queue instead of a mailbox trail
CapabilityNew joiners can see how banking operations actually runs

Story

Inside State Farm, banking operations used to depend on whoever still had the latest file. That pattern is common in financials groups working out of the United States. Operations and product needed a system that would still make sense after the original project team moved on.

State Farm uses Geneva from SS&C as the working layer for core processing. SS&C Technologies delivers software and services for investment management, healthcare administration, and intelligent automation. The practical change is simple: banking operations has a home, and reviews happen there instead of in a forwarded thread.

Nothing in this writeup invents a savings number. What State Farm gets from SS&C is a durable place to run banking operations and a way for operations and product to see the same core processing at the same time.

Relationship map

State Farm uses SS&C, Anaplan, Databricks, Temenos. Shared with ABN AMRO, Adyen, Affirm, Afterpay, Alloy. Industry: Financials. Value: Productivity, Capability. Drag nodes, filter types, or expand a node to follow more commonalities.

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