SS&C Technologies Holdings IncSSNC

NasdaqTechnologyServices-Prepackaged Software
Price (close)
$78.50
Market cap
$18.4B
P/E
21.3x
Revenue (TTM)
$6.6B
Net income
$864.0M
Dividend yield
1.41%
1-year total return
-8.6%
Net margin
13.2%
Revenue growth
8.6%
Debt / equity
1.14x

What SS&C Technologies Holdings Inc does.

SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) is the world’s leading hedge fund and private equity administrator, as well as mutual fund transfer agent. SS&C’s unique business model combines end-to-end expertise across financial services operations with software and solutions to deliver value to customers of any size, scale, or complexity in the financial services and healthcare industries. SS&C owns and operates the full technology stack across securities accounting, front-to-back-office operations, performance and risk analytics, regulatory reporting and healthcare information processes.

SS&C’s trusted and proven technology delivers an unparalleled level of scalable capabilities for the most complex portfolios, the most sophisticated strategies, and the highest volumes of transactions. Through a series of carefully selected acquisitions, lift outs, and focused research and development, the breadth and depth of SS&C’s expertise in financial services and healthcare technology are unmatched.

Founded in 1986 and headquartered in Windsor, Connecticut, the Company is home to more than 28,000 employees and has more than 100 offices in 35 countries globally. With more than 23,000 clients spanning the health and financial services industries, our customers’ needs and requirements are always at the forefront of our strategy. We provide the global financial services industry with a broad range of software-enabled services, which consist of software-enabled outsourcing services and subscription-based on-demand cloud solutions which are managed and hosted at our facilities, and specialized software products, which are deployed at our clients’ facilities. Our software-enabled services, which combine the strengths of our proprietary software with our domain expertise, enable our clients to contract with us to provide many of their mission-critical and complex business processes. For example, we utilize our software to deliver comprehensive fund administration services to alternative and traditional asset managers, including fund manager services, transfer agency services, funds-of-funds services, tax processing and accounting. We offer clients the flexibility to choose from multiple software delivery options, including on-premise, cloud-based or hosted applications, as well as multi-tenant or dedicated applications. Additionally, we provide clients with targeted, blended solutions based on a combination of software and software-enabled services. We believe our software-enabled services provide superior client support and an attractive alternative to clients that do not wish to install, manage and maintain complicated financial software.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$4.7B$5.1B$5.3B$5.5B$5.9B$6.3B
Net income$625.2M$800.0M$650.2M$607.1M$760.5M$796.9M
Free cash flow$1.1B$1.4B$1.1B$1.2B$1.3B$1.7B

More on SSNC.

Figures from SS&C Technologies Holdings Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.