Forbes  Mar 19  Comment 
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they...
Motley Fool  Feb 3  Comment 
Is SS&C's jump meaningful? Or just another movement?
Benzinga  Feb 3  Comment 
SS&C Technologies Holdings Inc (NASDAQ: SSNC) gained more than 9 percent Tuesday after it predicted 2016 earnings well ahead of Wall Street's expectations. SS&C, which unveiled plans Monday to acquire Advent Software, Inc. (NASDAQ: ADVS) for...
TheStreet.com  Feb 3  Comment 
Shares of SS&C Technologies Holdings Inc. jumped in Tuesday morning trading after the financial software group said it would pay $2.7 billion for investment management applications developer Advent Software Inc. SS&C shares rose $5, or more...
TheStreet.com  Feb 3  Comment 
NEW YORK (TheStreet) -- Advent Software shares are up 5.57% to $43.69 in trading on Tuesday after the investment management work flows, data software and service provider was purchased by rival SS&C Technologies for about $2.7 billion...
Benzinga  Feb 3  Comment 
Advent Software, Inc. (NASDAQ: ADVS) surged 5.56% to $43.69. The volume of Advent Software shares traded 4246% higher than normal. SS&C Technologies Holdings announced its plans to acquire Advent Software for $2.7 billion in cash. Esperion...
MarketWatch  Feb 2  Comment 
SS&C Technologies Holdings Inc. agreed to acquire Advent Software Inc. for $2.7 billion in cash, the companies announced late Monday. Shares of SS&C were halted at $55.48 and Advent shares were halted at $41.39 after hours. The deal works out to...


SS&C Technologies (SSNC) (NASDAQ:SSNC) provides software and software services for financial services companies to automatize its business processes. These services allow financial services firms to integrate front office work, such as trading and modeling, middle office work, such as portfolio management, and back office work, such as accounting, processing and clearing. SS&C Technologies has a contractually reoccurring revenue model, and it has grown from representing 52% of total revenue in 2000 to 85% of total revenue in 2009. The customer base is highly diversified, and the largest customer only represents 5% of total revenue. [1]

After the financial crisis, financial service firms are required to be transparent due to increased government regulations and investors' demands. Since the financial services firms revenues decreased from the declined asset values, SS&C Technologies' service to automatize financial services business processes reduces expenses in the long-haul and increases transparency by having a database to provide investors any documents. [1]

The company's initial public offering of stock filed on the NASDAQ exchange on 29 December 2009. The proposed offer price range is $13.00-$15.00. The company is offering 4.4 million shares and raising $61 million. [1]

For the FY2009 with year ended 31 December 2009, the company reported $270.9 million in total revenue, down 3.4% from $280.0 million of net revenue in 2008. Furthermore, it reported a net income of $19.0 million in 2009, up 1.0% from a net income of $18.8 million in the previous year. The revenue was distributed with 8% in software licences, 24% in maintenance, 8% in professional services, and 60% in software enabled services. In addition, 79% of total revenue is from North America. [1]


  1. 1.0 1.1 1.2 1.3 SS&C Technologies S-1/A
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