 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
SS&C Technologies Holdings, Inc. (SSNC) provides software products and software-enabled services to financial service providers in North America, Europe, Asia, Australia, and Africa.
Its products and services allow its clients to automate and integrate front-office functions, such as trading and modeling; middle-office functions comprising portfolio management and reporting; and back-office functions, including accounting, performance measurement, reconciliation, reporting, processing, and clearing.
The company offers products and services in the areas of portfolio management/accounting, real-time trading systems, treasury operations, client reporting, financial modeling, loan management/accounting, property management, and money market processing.
Its software-enabled services consist of financial data acquisition, transformation, and delivery; investor transaction processing platform; trade capture automation; risk analytics monitoring; data management services; business process outsourcing investment accounting and operations, application software hosting, automated workflow integration, automated quality control mechanisms, and interface and connectivity services; on and offshore fund administration services; trade matching utility and delivery instruction database; customized data feed; and connectivity service to broker-dealers and institutions.
The company also provides consulting and implementation services, including installation of systems, conversion of historical data, and training and support services.
Its clients include multinational banks, retail banks, credit unions, hedge funds, equity funds, funds of funds and family offices, institutional asset managers, insurance companies and pension funds, municipal finance groups, brokers/dealers, financial exchanges, commercial lenders, real estate lenders, and property managers.
Shares have formed a bullish "flag" following the company's latest quarterly report. Earnings were 54 cents per share, a penny above the estimates. Revenue of $438.4 million was above the expected $433 million. For the year, the company reported profit of $328.9 million, or $1.55 per share. Revenue was reported as $1.68 billion. Higher share prices are expected for this stock.
52-Weeks Trading Range: $33.06 - $51.39
Entry Point: $50.00
Stop Loss: $47.50
Target Price: $55.00
SSNC closed at $49.86
