SunGard 8-K Completion of Acquisition or Disposition of Assets

Exhibit 99.1

SunGard Capital Corp.

SunGard Capital Corp. II

SunGard Data Systems Inc.

UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL INFORMATION

SunGard Higher Education Sale

On August 4, 2011, SunGard Data Systems Inc., a Delaware corporation (“SunGard”), and SunGard Higher Education Inc., a Delaware corporation and formerly a wholly owned subsidiary of SunGard (“HE”), entered into an Asset Purchase Agreement (as amended, the “Asset Purchase Agreement”) with companies affiliated with Hellman & Friedman Capital Partners VI, L.P. Also on August 4, 2011, SunGard, affiliates of SunGard, and HE entered into an Agreement and Plan of Merger (as amended, the “Merger Agreement”) with affiliates of Hellman & Friedman, including Sophia, L.P., a Delaware limited partnership (“Purchaser Parent”) and Datatel Parent Corp., a Delaware corporation (“Datatel”), an existing Hellman & Friedman portfolio company. The Asset Purchase Agreement and the Merger Agreement provided that SunGard would sell SunGard’s Higher Education business segment (excluding SunGard’s K-12 education business) (the “Higher Education Businesses”) to affiliates of Hellman & Friedman for an aggregate purchase price of $1.775 billion, subject to certain adjustments.

On January 19 and January 20, 2012, Purchaser Parent and its subsidiaries acquired HE and the Higher Education Businesses pursuant to the terms and conditions of the Asset Purchase Agreement and the Merger Agreement. As a result of the completion of these transactions, each of HE and Datatel are wholly owned by Purchaser Parent.

SunGard used net cash proceeds (as defined in SunGard’s senior secured credit agreement), which were approximately $1.222 billion after applicable taxes, transaction fees, expenses and other adjustments, to repay a portion of its senior secured credit facility term loans on a pro-rata basis.

Pro Forma Information

The accompanying unaudited pro forma condensed consolidated statements of operations of SCC, SunGard Capital Corp. II (“SCCII”) and SunGard for the years ended December 31, 2008, 2009 and 2010 and for the nine months ended September 30, 2011 are presented as if the sale of the Higher Education Businesses had occurred on January 1, 2008. The accompanying unaudited pro forma condensed consolidated balance sheets of SCC, SCCII and SunGard as of September 30, 2011 are presented as if the sale of the Higher Education Businesses had occurred on September 30, 2011. The unaudited pro forma condensed consolidated financial information contains specific assumptions and adjustments related to the sale of the Higher Education Businesses. The adjustments are based on information presently available and assumptions management believes are reasonable under the circumstances as of the date of this filing. Actual adjustments, however, may differ materially from the information presented.

The unaudited pro forma condensed consolidated financial information is intended for informational purposes only. It is not necessarily indicative of and does not purport to represent what SCC, SCCII or SunGard’s future financial condition or operating results will be after giving effect to the sale and does not reflect actions that may be undertaken by management after the sale.

The following is a brief description of the amounts recorded under each of the column headings in the unaudited pro forma condensed consolidated statements of operations:

Historical SunGard

This column reflects SunGard’s historical audited operating results for the years ended December 31, 2008, 2009 and 2010, and the historical unaudited operating results of continuing operations and financial condition as of and for the nine months ended September 30, 2011 prior to any adjustment for the sale described above. The nine month period ended September 30, 2011 does not include the results of the HE business due to its presentation in discontinued operations in that period.

Disposition

This column reflects the elimination of the historical operating results of SunGard’s Higher Education business for the years ended December 31, 2008, 2009, and 2010 and the historical unaudited financial condition as of September 30, 2011 at the amounts that have been reflected in SunGard’s consolidated financial statements for such periods.

Pro Forma Adjustments

This column reflects the pro forma effect of the use of $1.222 billion of net cash proceeds from the sale of the Higher Education Businesses to repay a portion of outstanding term loans and the related interest savings assuming the repayment occurred at the beginning of 2010.

The unaudited pro forma condensed consolidated financial information set forth below, including notes thereto, should be read in conjunction with “Management’s Discussion and Analysis of Results of Operations and Financial Condition” and the historical consolidated financial statements and notes thereto included in SunGard’s annual report on Form 10-K for the year ended December 31, 2010 and in the SunGard’s quarterly report on Form 10-Q/A for the quarterly period ended September 30, 2011 that have been filed with the Securities and Exchange Commission.

SunGard Capital Corp.

Pro Forma Condensed Consolidated Balance Sheets

(In millions)

(Unaudited)

	September 30, 2011
	Historical SunGard			Disposition			Pro Forma Adjustments			Pro Forma
Assets
Current:
Cash and cash equivalents	$	746		$	1,771	(1)	$	(1,222	) (3)	$	1,295
Trade receivables, net		689			—			—			689
Earned but unbilled receivables		154			—			—			154
Prepaid expenses and other current assets		163			—			—			163
Clearing broker assets		220			—			—			220
Deferred income taxes		2			18	(5)		—			20
Assets held for sale		1,321			(1,321	)		—			—
Total current assets		3,295			468			(1,222	)		2,541
Property and equipment, net		877			—			—			877
Software products, net		586			—			—			586
Customer base, net		1,639			—			—			1,639
Other intangible assets, net		156			—			(16	)(3)		140
Trade name, net		1,020			—			—			1,020
Goodwill		4,853			—			—			4,853
Total Assets	$	12,426		$	468		$	(1,238	)	$	11,656
Liabilities and Equity
Current:
Short-term and current portion of long-term debt	$	11		$	—		$	—		$	11
Accounts payable		40			—			—			40
Accrued compensation and benefits		293			—			—			293
Accrued interest expense		103			—			—			103
Accrued income taxes		20			473	(5)		—			493
Other accrued expenses		327			26	(2)		—			353
Clearing broker liabilities		178			—			—			178
Deferred revenue		817			—			—			817
Deferred income taxes		127			(115	)(5)		—			12
Current liabilities of discontinued operations		254			(254	)		—			—
Total current liabilities		2,170			130			—			2,300
Long-term debt		7,840			—			(1,222	) (3)		6,618
Deferred income taxes		1,040			25	(5)		—			1,065
Total liabilities		11,050			155			(1,222	)		9,983
Commitments and contingencies
Noncontrolling interest in preferred stock of SCCII subject to a put option		31			—			—			31
Class L common stock subject to a put option		54			—			—			54
Class A common stock subject to a put option		7			—			—			7
Stockholders’ equity:
Class L common stock		—			—			—			—
Class A common stock		—			—			—			—
Capital in excess of par value		2,753			—			—			2,753
Treasury stock		(36	)		—			—			(36	)
Accumulated deficit		(3,379	)		313			(16	)		(3,082	)
Accumulated other comprehensive income (loss)		(28	)		—			—			(28	)
Total SunGard Capital Corp. stockholders’ equity (deficit)		(690	)		313			(16	)		(393	)
Noncontrolling interest in preferred stock of SCCII		1,974			—			—			1,974
Total equity		1,284			313			(16	)		1,581
Total Liabilities and Equity	$	12,426		$	468		$	(1,238	)	$	11,656

SunGard Capital Corp. II

Pro Forma Condensed Consolidated Balance Sheets

(In millions)

(Unaudited)

	September 30, 2011
	Historical SunGard			Disposition			Pro Forma Adjustments			Pro Forma
Assets
Current:
Cash and cash equivalents	$	746		$	1,771	(1)	$	(1,222	)(3)	$	1,295
Trade receivables, net		689			—			—			689
Earned but unbilled receivables		154			—			—			154
Prepaid expenses and other current assets		163			—			—			163
Clearing broker assets		220			—			—			220
Deferred income taxes		2			18	(5)		—			20
Assets held for sale		1,321			(1,321	)		—			—
Total current assets		3,295			468			(1,222	)		2,541
Property and equipment, net		877			—			—			877
Software products, net		586			—			—			586
Customer base, net		1,639			—			—			1,639
Other intangible assets, net		156			—			(16	)(3)		140
Trade name, net		1,020			—			—			1,020
Goodwill		4,853			—			—			4,853
Total Assets	$	12,426		$	468		$	(1,238	)	$	11,656
Liabilities and Stockholders’ Equity
Current:
Short-term and current portion of long-term debt	$	11		$	—		$	—		$	11
Accounts payable		40			—			—			40
Accrued compensation and benefits		293			—			—			293
Accrued interest expense		103			—			—			103
Accrued income taxes		21			473	(5)		—			494
Other accrued expenses		326			26	(2)		—			352
Clearing broker liabilities		178			—			—			178
Deferred revenue		817			—			—			817
Deferred income taxes		127			(115	)(5)		—			12
Liabilities related to assets held for sale		254			(254	)		—			—
Total current liabilities		2,170			130			—			2,300
Long-term debt		7,840			—			(1,222	)(3)		6,618
Deferred income taxes		1,040			25	(5)		—			1,065
Total liabilities		11,050			155			(1,222	)		9,983
Commitments and contingencies
Preferred stock subject to a put option		24			—			—			24
Stockholders’ equity:
Preferred stock		—			—						—
Common stock		—			—						—
Capital in excess of par value		3,775			—			—			3,775
Treasury stock		(15	)		—			—			(15	)
Accumulated deficit		(2,380	)		313			(16	)		(2,083	)
Accumulated other comprehensive income (loss)		(28	)		—						(28	)
Total stockholders’ equity		1,352			313			(16	)		1,649
Total Liabilities and Stockholders’ Equity	$	12,426		$	468		$	(1,238	)	$	11,656

SunGard Data Systems Inc.

Pro Forma Condensed Consolidated Balance Sheets

(In millions)

(Unaudited)

	September 30, 2011
	Historical SunGard			Disposition			Pro Forma Adjustments			Pro Forma
Assets
Current:
Cash and cash equivalents	$	746		$	1,771	(1)	$	(1,222	)(3)	$	1,295
Trade receivables, net		689			—			—			689
Earned but unbilled receivables		154			—			—			154
Prepaid expenses and other current assets		163			—			—			163
Clearing broker assets		220			—			—			220
Deferred income taxes		2			18	(5)		—			20
Assets held for sale		1,321			(1,321	)		—			—
Total current assets		3,295			468			(1,222	)		2,541
Property and equipment, net		877			—			—			877
Software products, net		586			—			—			586
Customer base, net		1,639			—			—			1,639
Other intangible assets, net		156			—			(16	)(3)		140
Trade name, net		1,020			—			—			1,020
Goodwill		4,853			—			—			4,853
Total Assets	$	12,426		$	468		$	(1,238	)	$	11,656
Liabilities and Stockholder’s Equity
Current:
Short-term and current portion of long-term debt	$	11		$	—		$	—		$	11
Accounts payable		40			—			—			40
Accrued compensation and benefits		293			—			—			293
Accrued interest expense		103			—			—			103
Accrued income taxes		23			473	(5)		—			496
Other accrued expenses		326			26	(2)		—			352
Clearing broker liabilities		178			—			—			178
Deferred revenue		817			—			—			817
Deferred income taxes		127			(115	)(5)		—			12
Liabilities related to assets held for sale		254			(254	)		—			—
Total current liabilities		2,172			130			—			2,302
Long-term debt		7,840			—			(1,222	)(3)		6,618
Deferred income taxes		1,035			25	(5)		—			1,060
Total liabilities		11,047			155			(1,222	)		9,980
Commitments and contingencies
Stockholder’s equity:
Common stock		—			—			—			—
Capital in excess of par value		3,787			—			—			3,787
Accumulated deficit		(2,380	)		313			(16	)		(2,083	)
Accumulated other comprehensive income (loss)		(28	)		—			—			(28	)
Total stockholder’s equity		1,379			313			(16	)		1,676
Total Liabilities and Stockholder’s Equity	$	12,426		$	468		$	(1,238	)	$	11,656

SunGard Capital Corp.

SunGard Capital Corp. II

SunGard Data Systems Inc.

Pro Forma Condensed Consolidated Statement of Operations

(In millions)

(Unaudited)

	Nine Months Ended September 30, 2011
	Historical SunGard			Pro Forma Adjustments			Pro Forma
Revenue:
Services	$	3,060		$	—		$	3,060
License and resale fees		192			—			192
Total products and services		3,252			—			3,252
Reimbursed expenses		77			—			77
		3,329			—			3,329
Costs and expenses:
Cost of sales and direct operating		1,544			—			1,544
Sales, marketing and administration		832			—			832
Product development		228			—			228
Depreciation and amortization		204			—			204
Amortization of acquisition-related intangible assets		334			—			334
		3,142			—			3,142
Operating income (loss)		187			—			187
Interest income		3			—			3
Interest expense and amortization of deferred financing fees		(396	)		35	(4)		(361	)
Other income (expense)		(2	)		—			(2	)
Income (loss) from continuing operations before income taxes		(208	)		35			(173	)
Benefit from (provision for) income taxes		58			(13	)		45
Income (loss) from continuing operations	$	(150	)	$	22		$	(128	)

SunGard Capital Corp.

SunGard Capital Corp. II

SunGard Data Systems Inc.

Pro Forma Condensed Consolidated Statement of Operations

(In millions)

(Unaudited)

	Year Ended December 31, 2010
	Historical SunGard			Disposition			Pro Forma Adjustments			Pro Forma
Revenue:
Services	$	4,485		$	(410	)	$	—		$	4,075
License and resale fees		380			(86	)		—			294
Total products and services		4,865			(496	)		—			4,369
Reimbursed expenses		127			(7	)		—			120
		4,992			(503	)		—			4,489
Costs and expenses:
Cost of sales and direct operating		2,201			(243	)		—			1,958
Sales, marketing and administration		1,141			(101	)		—			1,040
Product development		370			(18	)		—			352
Depreciation and amortization		291			(13	)		—			278
Amortization of acquisition-related intangible assets		484			(33	)		—			451
Goodwill impairment charges		237			(32	)		—			205
		4,724			(440	)		—			4,284
Operating income (loss)		268			(63	)		—			205
Interest income		2			—			—			2
Interest expense and amortization of deferred financing fees		(638	)		—			50	(4)		(588	)
Loss on extinguishment of debt		(58	)		—			—			(58	)
Other income (expense)		7						—			7
Income (loss) from continuing operations before income taxes		(419	)		(63	)		50			(432	)
Benefit from (provision for) income taxes		29			39			(19	)		49
Income (loss) from continuing operations	$	(390	)	$	(24	)	$	31		$	(383	)

SunGard Capital Corp.

SunGard Capital Corp. II

SunGard Data Systems Inc.

Pro Forma Condensed Consolidated Statement of Operations

(In millions)

(Unaudited)

	Year Ended December 31, 2009
	Historical SunGard			Disposition			Pro Forma
Revenue:
Services	$	4,844		$	(439	)	$	4,405
License and resale fees		324			(79	)		245
Total products and services		5,168			(518	)		4,650
Reimbursed expenses		164			(7	)		157
		5,332			(525	)		4,807
Costs and expenses:
Cost of sales and direct operating		2,534			(263	)		2,271
Sales, marketing and administration		1,088			(96	)		992
Product development		348			(16	)		332
Depreciation and amortization		288			(13	)		275
Amortization of acquisition-related intangible assets		529			(33	)		496
Goodwill impairment charges		1,126			—			1,126
		5,913			(421	)		5,492
Operating income (loss)		(581	)		(104	)		(685	)
Interest income		7			—			7
Interest expense and amortization of deferred financing fees		(637	)		—			(637	)
Other income (expense)		15			—			15
Income (loss) from continuing operations before income taxes		(1,196	)		(104	)		(1,300	)
Benefit from (provision for) income taxes		74			41			115
Income (loss) from continuing operations	$	(1,122	)	$	(63	)	$	(1,185	)

SunGard Capital Corp.

SunGard Capital Corp. II

SunGard Data Systems Inc.

Pro Forma Condensed Consolidated Statement of Operations

(In millions)

(Unaudited)

	Year Ended December 31, 2008
	Historical SunGard			Disposition			Pro Forma
Revenue:
Services	$	4,898		$	(453	)	$	4,445
License and resale fees		359			(77	)		282
Total products and services		5,257			(530	)		4,727
Reimbursed expenses		144			(10	)		134
		5,401			(540	)		4,861
Costs and expenses:
Cost of sales and direct operating		2,601			(276	)		2,325
Sales, marketing and administration		1,113			(101	)		1,012
Product development		309			(23	)		286
Depreciation and amortization		274			(10	)		264
Amortization of acquisition-related intangible assets		472			(34	)		438
		4,769			(444	)		4,325
Operating income (loss)		632			(96	)		536
Interest income		17			—			17
Interest expense and amortization of deferred financing fees		(597	)		—			(597	)
Other income (expense)		(93	)		—			(93	)
Income (loss) from continuing operations before income taxes		(41	)		(96	)		(137	)
Benefit from (provision for) income taxes		(51	)		43			(8	)
Income (loss) from continuing operations	$	(92	)	$	(53	)	$	(145	)

SunGard Capital Corp.

SunGard Capital Corp. II

SunGard Data Systems Inc.

Notes to unaudited Pro Forma Condensed Consolidated Financial Information

1 Gross proceeds of $1.775 billion less purchase price adjustments of approximately $4 million.

2 Represents estimated transaction fees and expenses to be paid in connection with the sale of the Higher Education Businesses.

3 Net cash proceeds (as defined in SunGard’s senior secured credit agreement), which were approximately $1.222 billion after applicable taxes, transaction fees, expenses and other adjustments, to repay a portion of SunGard’s senior secured credit facility term loans on a pro-rata basis and the write-off of the pro-rata portion of deferred financing costs associated with the term loans.

4 Interest related to the $1.222 billion term loan repayment was computed using the actual weighted average historical interest rates of the term loans and the pro-rata portion of amortization of deferred financing costs included in interest expense for the periods presented.

5 Represents adjustments to tax balances to reflect: the reversal of existing deferred tax assets and liabilities associated with the outside tax basis differences in the Higher Education Business, the reversal of existing deferred tax assets for foreign tax credits that can be utilized to offset the expected current taxes to be paid on the transaction, and the estimated current taxes (net of foreign tax credits) on the transaction.