QUOTE AND NEWS
MarketWatch  Apr 3  Comment 
Shares of SS&C Technologies Holdings Inc. sank 2.7% in premarket trade Tuesday, after the portfolio management software company said it commenced a $1.25 billion public stock offering, which implies a more than 10% increase in the shares...
Banking Business Review  Mar 13  Comment 
SS&C Technologies has agreed to acquire North American fund administration business from CACEIS for an undisclosed sum.
Motley Fool  Feb 17  Comment 
After delayed deals muted its third-quarter results, the financial-services software leader ended 2017 strong. Here's what investors need to know.
Banking Business Review  Jan 12  Comment 
SS&C Technologies has agreed to acquire technology-based information processing and servicing solutions provider DST Systems for around $5.4bn.
Motley Fool  Jan 10  Comment 
Rumor has it that these companies are drawing up a merger plan, and SS&C has a long history of making smart acquisitions.
Motley Fool  Oct 26  Comment 
The investment and financial software services company fell after posting light third-quarter revenue. Here's what investors need to know.




 
TOP CONTRIBUTORS

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]

References

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