Tear Sheet: SS&C Technologies Holdings Inc.

This report does not constitute a rating action. The company increased its S&P Global Ratings-adjusted revenue by 8% year over year to $1.65 billion. The expansion in SS&C's top-line revenue primarily stemmed from improvements in its core financial services segments. For example, the company increased the organic revenue from its Global Investor&Distribution Solutions (GIDS) segment by 13% on elevated demand for its retirement and distribution solutions as it benefitted from new superannuation mandates in Australia, while it improved its GlobeOp segment revenue by more than 9% during the quarter on strong levels of alternative assets under administration. Conversely, SS&C's Health care segment continued to face headwinds that led to a 14% decline in its organic revenue in the

...Rating Component Scores Foreign currency issuer credit rating ##/Stable/-- Local currency issuer credit rating ##/Stable/-- Business risk Satisfactory Country risk Very Low Industry risk Intermediate Competitive position Satisfactory Financial risk Significant Cash flow/leverage Significant Anchor ##+ Modifiers Diversification/portfolio effect Neutral (no impact) Capital structure Neutral (no impact) Financial policy Negative (-1 notch) Liquidity Adequate (no impact) Management and governance Neutral (no impact) Comparable rating analysis Neutral (no impact) Stand-alone credit profile ##...

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