Company Overview of SS&C Technologies, Inc.
SS&C Technologies, Inc. provides mission-critical software, software enabled-services, and software-as-a-service (SaaS) solutions to the financial industry worldwide. The company offers a suite of software solutions, including portfolio accounting and reporting, trading and trade order management, reconciliation and exception management, performance measurement and global markets risk, enterprise reporting, private equity, benefits administration, municipal finance, property management, loan origination and servicing, investor relationship management, Web-based issuance and investor record-keeping, and screening/lending tools. It also delivers mission-critical processing services for informa...
80 Lamberton Road
Windsor, CT 06095
Founded in 1986
Key Executives for SS&C Technologies, Inc.
Chairman and Chief Executive Officer
Chief Development Officer and Senior Vice President
Compensation as of Fiscal Year 2012.
SS&C Technologies, Inc. Key Developments
SS&C Technologies Presents at 15th Annual Needham Growth Conference, Jan-16-2013 03:30 PM
Dec 6 12
SS&C Technologies Presents at 15th Annual Needham Growth Conference, Jan-16-2013 03:30 PM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, NY 10022, United States.
Sanlam Private Investments Selects Ss&C Technologies, Inc.,'s Portia
Nov 15 12
Ss&c Technologies, Inc. announced Sanlam Private Investments (SPI) has completed the implementation of SS&C's PORTIA. SPI is the private client wealth management business within the Sanlam Group, one of sub-Saharan Africa's large providers of financial services. Sanlam Private Investments commissioned the installation of PORTIA in 2011 and has been working closely with the SS&C PORTIA implementation team to facilitate and streamline many operational processes. Sanlam Private Investments utilizes PORTIA functionality to create a more efficient operations solution. SPI chose PORTIA because of its global capabilities and its flexibility to meet local requirements. To achieve these goals, SPI implemented PORTIA to automate a number of processes from seamless importing of data to corporate action processing and customized tax withholding calculations and operational reporting.
Ss&c Technologies, Inc., and SS&C Technologies Holdings, Inc. Enter in to First Amendment to Credit Agreement with Bank Of America N.A
May 9 12
On May 9, 2012, in connection with the acquisition, Ss&c Technologies, Inc., entered into a first amendment to credit agreement amending the credit agreement, dated as of December 15, 2011, among SS&C Technologies, SS&C Technologies Holdings, Inc., certain subsidiaries of SS&C Technologies as guarantors, Bank of America, N.A., as administrative agent, swing line lender and letter of credit issuer and as the initial lender, and the other lenders party thereto. Pursuant to the amendment, an aggregate principal amount of $175,000,000 in new term loans was advanced to SS&C Technologies to finance the consideration payable in connection with the acquisition and other fees and expenses. The term loans are repayable quarterly at the end of each of SS&C Technologies' fiscal quarters beginning with the fiscal quarter ending September 30, 2012, with each quarterly installment equaling 2.5% of the original aggregate principal amount of the term loans and any remaining balance being due on the maturity date of May 9, 2017. At SS&C Technologies' option, the term loans accrue interest at a per annum rate based on either (i) the Eurocurrency rate plus a margin of between 1.25% and 2.50% (initially 2.00%) based on SS&C Holdings' leverage ratio or (ii) the base rate plus a margin of between 0.25% and 1.50% (initially 1.00%) based on SS&C Holdings' leverage ratio. Any overdue amounts will bear interest at a rate per annum equal to 2% plus the rate otherwise applicable to the term loans. the term loans are guaranteed by SS&C Holdings and the material domestic subsidiaries of SS&C Technologies, and are secured, subject to certain agreed upon exceptions, by substantially all of the tangible and intangible assets of SS&C Technologies and each guarantor.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|