“This is an
exciting time for SS&C and Advent’s
customers, employees and shareholders,”
said Bill Stone, SS&C Chairman and Chief
Executive Officer. “SS&C has a long
history of successful integrations, and
we are confident that Advent’s products,
services, and dedicated employees will
enhance SS&C’s overall offering,
improving the customer experience for
over 10,000 financial services
organizations worldwide. In an industry
where big banks dominate the market,
SS&C, together with Advent, is the
independent, technology-driven
alternative, able to provide nimble
services and complete transparency
throughout the front, middle, and back
office operations.”
Morgan Stanley and
Deutsche Bank acted as financial
advisors and Davis Polk & Wardwell acted
as legal advisor to SS&C.
Qatalyst Partners acted as financial
advisor and Wilson Sonsini Goodrich &
Rosati acted as legal advisor to Advent.
Forward
Looking Statements
This release
contains forward-looking statements
within the meaning of the U.S.
federal securities laws. All
statements contained herein that are
not statements of historical fact
are forward-looking statements,
including, without limitation,
statements regarding future
financial performance, funding
requirements and liquidity;
management’s plans and strategies
for future operations, including
statements relating to anticipated
operating performance, cost
reductions, competitive strengths or
market position, acquisitions and
related synergies; growth, declines
and other trends in markets we sell
into; the anticipated impact of
adopting new accounting
pronouncements; the anticipated
outcome of outstanding claims, legal
proceedings, tax audits and other
contingent liabilities; foreign
currency exchange rates and
fluctuations in those rates; general
economic conditions; assumptions
underlying any of the foregoing; and
any other statements that address
events or developments that we
intend or believe will or may occur
in the future. Without limiting the
foregoing, the words “believes”,
“anticipates”, “plans”, “expects”,
“estimates”, “projects”,
“forecasts”, “may” and “should” and
similar expressions are intended to
identify forward-looking statements,
although not all forward-looking
statements are accompanied by such
words. Forward-looking statements
are not guarantees of future
performance and actual results may
differ materially from those
envisaged by such forward-looking
statements. The factors discussed
under “Item 1A. Risk Factors”
included in SS&C’s Annual Report on
Form 10-K for the year ended
December 31, 2014, as filed with the
SEC on February 26, 2015, among
others, could cause actual results
to differ materially from those
indicated by forward-looking
statements made herein and presented
elsewhere by management from time to
time. You should not place undue
reliance on any such forward-looking
statements. Forward-looking
statements speak only as of the date
of the report, document, press
release, webcast, call or other
communication in which they are
made. We expressly disclaim any
obligation to update our
forward-looking statements, whether
as a result of new information,
future events or circumstances, or
otherwise, except as required by
law.