SS&C(SSNC)

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SS&C Technologies (SSNC) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-24 22:25
SS&C Technologies (SSNC) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.38%. A quarter ago, it was expected that this financial services software maker would post earnings of $1.21 per share when it actually produced earnings of $1.27, delivering a surprise of 4.96%.Over the last f ...
SS&C(SSNC) - 2024 Q3 - Quarterly Results
2024-10-24 20:08
Exhibit 99.1 SS&C Technologies Releases Q3 2024 Earnings Results Q3 2024 GAAP revenue $1,465.8 million, up 7.3%, Fully Diluted GAAP Earnings Per Share $0.65, up 6.6% Record Adjusted revenue $1,466.8 million, up 7.3%, Adjusted Diluted Earnings Per Share $1.29, up 10.3% WINDSOR, CT, October 24, 2024 (PR Newswire) SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of investment, financial and healthcare software and software-enabled services, today announced its financial results for the third ...
Unveiling SS&C Technologies (SSNC) Q3 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-10-21 14:21
Core Insights - SS&C Technologies (SSNC) is expected to report quarterly earnings of $1.26 per share, reflecting a year-over-year increase of 7.7% [1] - Revenues are anticipated to reach $1.44 billion, which is a 5.5% increase from the same quarter last year [1] - Analysts have revised the consensus EPS estimate 0.2% higher over the last 30 days, indicating a collective reevaluation of initial estimates [1] Revenue Estimates - Analysts predict 'Revenues- License, maintenance and related' to be $255.00 million, representing a year-over-year change of +4.6% [2] - 'Revenues- Software-enabled services' are expected to reach $1.19 billion, indicating a +5.7% change from the previous year [2] - The consensus for 'Adjusted Revenues- Software-enabled services' is also $1.19 billion, reflecting a year-over-year change of +5.6% [2] Adjusted Revenue Projections - The estimate for 'Adjusted Revenues- License, maintenance and related' is projected at $253.00 million, showing a year-over-year change of +3.9% [3] - Over the past month, SS&C Technologies shares have returned +1.5%, compared to the Zacks S&P 500 composite's +4.5% change [3] - SSNC holds a Zacks Rank 2 (Buy), suggesting it is likely to outperform the overall market in the upcoming period [3]
SS&C Extends Transfer Agent Relationship with abrdn
Prnewswire· 2024-10-10 13:00
Core Points - SS&C Technologies Holdings, Inc. has announced the extension of its long-term transfer agency relationship with abrdn for its fund ranges in the U.K., Luxembourg, and Singapore [1][2] - The partnership aims to enhance client servicing, simplify reporting, and improve anti-money laundering (AML) services for abrdn's Luxembourg-domiciled funds [2][3] - abrdn manages and administers £505.9 billion of assets for clients as of June 30, 2024 [3] Company Overview - abrdn is a global investment company focused on helping clients plan, save, and invest for the future [3] - SS&C Technologies is a global provider of services and software for the financial services and healthcare industries, serving around 20,000 organizations worldwide [4]
SS&C Technologies Unveils Innovative Solutions at Deliver 2024
Prnewswire· 2024-10-07 13:00
Premier technology conference draws 1,000 leaders across financial and healthcare services WINDSOR, Conn., Oct. 7, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today unveiled its latest technology and services solutions during the SS&C Deliver 2024 Conference. Nearly 1,000 leaders across various industries gathered in New Orleans for a deep dive into SS&C's offerings in alternatives, asset management, healthcare, managed services, and more. "SS&C's top priority is simplifying our cus ...
SS&C to Release Third Quarter 2024 Earnings
Prnewswire· 2024-10-04 13:00
WINDSOR, Conn., Oct. 4, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services and healthcare software and software-enabled services, will announce its financial results for the third quarter ended September 30, 2024 after the close of the market on Thursday, October 24, 2024. The earnings conference call, scheduled for Thursday, October 24, 2024 at 5:00 p.m. Eastern Time, will discuss third quarter 2024 results. Details of the release are as follows: N ...
SS&C Bolsters Alternatives Data Aggregation for Wealth Managers
Prnewswire· 2024-10-01 13:00
Core Insights - SS&C Technologies Holdings, Inc. has launched SS&C Accord, an AI-enabled service designed to assist wealth managers in aggregating and validating alternative investment data [1][5] - The service aims to address the challenges wealth managers face in collecting and integrating alternative investment data, which is often inconsistent and costly to manage [5] Group 1: SS&C Accord Overview - SS&C Accord is powered by proprietary technology and leverages SS&C's expertise in wealth management and alternative investment fund administration [1] - The service provides a single source of clean alternatives data, enabling wealth managers to offer clients a comprehensive view of their traditional and private investments [2][5] - It is managed by a dedicated account team that combines intelligent automation with human expertise for data monitoring, retrieval, and processing [3] Group 2: Benefits for Wealth Managers - Wealth managers, Registered Investment Advisors, pension funds, endowments, and family offices can access alternative investment data through a comprehensive control panel integrated within the SS&C ecosystem [4] - By outsourcing alternatives data aggregation to SS&C, wealth managers can eliminate the need for multiple systems, scale their alternatives business, and focus on delivering results [5] - SS&C has over 35 years of experience in alternatives fund administration, enhancing its capability to provide timely analytics for data-driven portfolio decisions [5]
SS&C Technologies Completes Acquisition of Battea-Class Action Services
Prnewswire· 2024-09-30 13:00
WINDSOR, Conn., Sept. 30, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has completed its acquisition of Battea-Class Action Services, LLC, a market-leading provider of securities class action claims and settlement recovery services. The purchase price is approximately $670 million, subject to certain adjustments. SS&C funded the purchase with a combination of debt and cash. SS&C expects the transaction to be accretive over the next 12 months. More than 100 Battea e ...
SS&C GlobeOp Forward Redemption Indicator
Prnewswire· 2024-09-23 13:00
"SS&C GlobeOp's Forward Redemption Indicator for September 2024 was 2.72%. The percentage was slightly higher than the 2.71% reported for the same period a year ago, but consistent with longer-term monthly averages and seasonal patterns," said Bill Stone, Chairman and Chief Executive Officer of SS&C Technologies. "Mixed economic signals, coupled with the recent large rate cut, are potential catalysts for increased market volatility." The SS&C GlobeOp Forward Redemption Indicator represents the sum of forwar ...
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
Prnewswire· 2024-09-13 20:30
SS&C GlobeOp Hedge Fund Performance Index: August performance 0.75% Capital Movement Index: September net flows advance 0.39% Base 100 points on 31 December 2005 Flash estimate (current month) 0.75%* Year-to-date (YTD) 5.94%* Last 12 month (LTM) 9.14%* Life to date (LTD) 270.50%* *All numbers reported above are gross Base 100 points on 31 December 2005 All time high 150.77 in September 2013 All time low 99.67 in January 2006 12-month high 127.90 in November 2023 WINDSOR, Conn., Sept. 13, 2024 /PRNewswire/ - ...