SS&C Technologies (SSNC) 8-K SS&C Technologies Record Fourth Quarter and 2011 Results, 2011 Operating Cash Flow of

Exhibit 99.1

For Immediate Release

Contact:

Patrick Pedonti

Chief Financial Officer

Tel: +1-860-298-4738

E-mail:investorrelations@sscinc.com

SS&C Technologies Record Fourth Quarter and 2011 Results, 2011 Operating Cash Flow of

$110 million, up 46.1%

GAAP Diluted EPS of $0.16, up 33%, Adjusted Diluted EPS of $0.29, up 21%

WINDSOR, CT – February 21, 2012 — SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of investment and financial software-enabled services and software, today announced its financial results for the fourth quarter and full year ended December 31, 2011.

“2011 was the highest-ever revenue year in SS&C’s history and we believe we can continue our success in 2012,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies Holdings, Inc. “During 2011 our operating cash flow improved on 2010 and our strong financial position continued. In 2011 operating cash flow was $110 million up 46.1%, from $75.6 million in 2010.”

Results

The Company reported revenue of $95.7 million for the fourth quarter of 2011, compared to $86.1 million in the fourth quarter of 2010, an increase of 11.1 percent. Total revenue for the year ended December 31, 2011 was $370.8 million, a 12.7 percent increase over $328.9 million of revenue in 2010.

GAAP operating income for the fourth quarter of 2011 was $23.7 million, or 24.8 percent of revenue, up from $21.0 million in 2010’s fourth quarter. Operating income for the year ended December 31, 2011 was $93.8 million, or 25.3 percent of revenue, compared to $79.8 million for 2010.

Net income for the fourth quarter of 2011 was $13.3 million, compared to $9.2 million in the fourth quarter of 2010, an increase of 44.5 percent. Net income for the year ended December 31, 2011 was $51.0 million, compared to $32.4 million for 2010, a 57.4 percent increase.

On a fully diluted basis, earnings per share in the fourth quarter of 2011 were $0.16, a 33.3 percent increase from $0.12 in the fourth quarter of 2010. On a fully diluted basis, earnings per share for the year ended December 31, 2011 were $0.63, a 43.2 percent increase compared to 2010’s $0.44 per share.

Adjusted operating income (a non-GAAP financial measure defined in note 2 to the attached Condensed Consolidated Financial Information) in the fourth quarter of 2011 was $38.4 million, or 40.1 percent of revenue. This represents a 12.6 percent increase compared to $34.1 million and 39.6 percent of revenue in the fourth quarter of 2010. Adjusted operating income for the year ended December 31, 2011 was $146.0 million. This represents a 12.9 percent increase compared to adjusted operating income of $129.2 million for 2010.

Adjusted net income (a non-GAAP measure defined in note 4 to the attached Condensed Consolidated Financial Information) for the fourth quarter of 2011 was $23.3 million, compared to $18.2 million in 2010’s fourth quarter, a 28.4 percent increase. Adjusted net income for the year ended December 31, 2011 was $86.5 million, a 31.7 percent increase compared to $65.6 million for 2010.

Adjusted diluted earnings per share (a non-GAAP measure defined in note 4 to the attached Condensed Consolidated Financial Information) in the fourth quarter were $0.29, a 20.8 percent increase from $0.24 in the fourth quarter of 2010. Adjusted diluted earnings per share for the year ended December 31, 2011 were $1.07, an 18.9 percent increase compared to $0.90 per share in 2010.

Annual Run Rate Basis

Annual Run Rate Basis (ARRB) recurring revenue, defined as the addition of maintenance and software-enabled services revenue, was $83.3 million for the fourth quarter of 2011, an annual run-rate of $333.2 million. This represents an increase of 11.5 percent from $74.7 million and $298.9 million run-rate in the same period in 2010 and an increase of 0.5 percent from Q3 2011’s $82.8 million and $331.4 million run-rate. We believe ARRB of our recurring revenue is a good indicator of visibility.

Operating Cash Flow

SS&C ended the quarter with $40.3 million in cash and cash equivalents, and $100.0 million in debt, for a net debt balance of $59.7 million. SS&C generated net cash from operating activities of $110.4 million for the year ended December 31, 2011, compared to $75.6 million for 2010, representing a 46.1 percent increase. SS&C’s leverage ratio as defined in our credit agreement stood at 0.7 for the year ended 2011.

Guidance

SS&C announces the following financial guidance for the first quarter and fiscal year 2012:

Guidance	Q1 2012	FY 2012
Total Revenue ($M)	$94.0 – $97.0	$398.0 – $408.0
Adjusted Net Income ($M)	$22.8 – $23.9	$99.5 – $103.5
Cash from Operating Activities ($M)	N/A	$115.0 – $120.0
Capital Expenditures ( percent of revenue)	N/A	2.2% – 2.7%

Non-GAAP Financial Measures

Adjusted revenue, adjusted operating income, adjusted consolidated EBITDA, adjusted net income and adjusted diluted earnings per share are non-GAAP measures. See the accompanying notes to the attached Condensed Consolidated Financial Information for the reconciliations and definitions for each of these non-GAAP measures and the reasons our management believes that these measures provide useful information to investors regarding our financial condition and results of operations.

Earnings Call and Press Release

SS&C’s Q4 and Fiscal Year 2011 earnings call will take place at 5:00 p.m. eastern time today, February 21, 2012. The call will discuss Q4 and 2011 results. Interested parties may dial 877-312-8798 (U.S. and Canada) or 253-237-1193 (International) and request the “SS&C Fourth Quarter and 2011 Earnings Call,” conference ID #46268521. A replay will be available after 8:00 p.m. eastern time on February 21, until midnight on February 28, 2012. The dial-in number is 855-859-2056 (U.S. and Canada) 404-537-3406 (International); access code #46268521. The call will also be available for replay on SS&C’s website after February 21, 2012:http://investor.ssctech.com/results.cfm.

This press release contains forward-looking statements relating to, among other things, our financial guidance for the first quarter of 2012 and full year 2012. Such statements reflect management’s best judgment based on factors currently known but are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, the state of the economy and the financial services industry, the Company’s ability to finalize large client contracts, fluctuations in customer demand for the Company’s products and services, intensity of competition from application vendors, delays in product development, the Company’s ability to control expenses, terrorist activities, the Company’s ability to integrate acquired businesses, the effect of the acquisitions on customer demand for the Company’s products and services, and those risks described in the Company’s publicly available filings with the Securities and Exchange Commission. The Company cautions investors that it may not update any or all of the foregoing forward-looking statements.

About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. 5,000 financial services organizations, from the world’s largest to local financial services organizations, manage and account for their investments using SS&C’s products and services. These clients in the aggregate manage over $16 trillion in assets.

Additional information about SS&C (NASDAQ: SSNC) is available atwww.ssctech.com.

Follow SS&C onTwitter,Linkedin andFacebook.

SS&C Technologies Holdings, Inc. and Subsidiaries

Condensed Consolidated Statements of Operations

(in thousands, except per share data)

		September 30,			September 30,			September 30,			September 30,
	Three Months Ended						Year Ended
	December 31, 2011			December 31, 2010			December 31, 2011			December 31, 2010
Revenues:
Software licenses	$	6,166		$	6,054		$	23,507		$	23,683
Maintenance		19,807			18,573			78,266			72,703
Professional services		6,233			5,343			23,048			20,727
Software-enabled services		63,489			56,140			246,007			211,792
Total revenues		95,695			86,110			370,828			328,905
Cost of revenues:
Software licenses		1,736			1,996			6,825			7,750
Maintenance		8,797			8,407			34,993			32,712
Professional services		4,110			3,711			15,549			13,954
Software-enabled services		33,034			29,379			126,921			111,516
Total cost of revenues		47,677			43,493			184,288			165,932
Gross profit		48,018			42,617			186,540			162,973
Operating expenses:
Selling and marketing		7,676			6,319			28,892			25,229
Research and development		9,297			7,956			35,650			31,442
General and administrative		7,360			7,297			28,221			26,462
Total operating expenses		24,333			21,572			92,763			83,133
Operating income		23,685			21,045			93,777			79,840
Interest expense, net		(2,812	)		(6,594	)		(14,628	)		(30,412	)
Other (expense) income, net		(603	)		(154	)		(423	)		499
Loss on extinguishment of debt		(1,906	)		—			(4,787	)		(5,480	)
Income before income taxes		18,364			14,297			73,939			44,447
Provision for income taxes		5,104			5,121			22,918			12,034
Net income	$	13,260		$	9,176		$	51,021		$	32,413
Basic earnings per share	$	0.17		$	0.13		$	0.67		$	0.47
Basic weighted average number of common shares outstanding		77,470			72,316			76,482			69,027
Diluted earnings per share	$	0.16		$	0.12		$	0.63		$	0.44
Diluted weighted average number of common and common equivalent shares outstanding		81,194			76,594			80,709			73,079

See Notes to Condensed Consolidated Financial Information.

SS&C Technologies Holdings, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(in thousands)

		September 30,		September 30,
	December 31, 2011		December 31, 2010
ASSETS
Current assets:
Cash and cash equivalents	$	40,318	$	84,843
Accounts receivable, net		47,201		45,531
Prepaid income taxes		788		2,242
Deferred income taxes		889		1,142
Prepaid expenses and other current assets		5,214		5,932
Restricted cash		1,149		—
Total current assets		95,559		139,690
Property and equipment, net		14,304		13,570
Deferred income taxes		1,111		686
Goodwill		931,639		926,668
Intangible and other assets, net		164,995		195,112
Total assets	$	1,207,608	$	1,275,726
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	$	—	$	1,702
Accounts payable		4,170		3,790
Accrued employee compensation and benefits		19,770		16,854
Other accrued expenses		14,058		11,052
Interest payable		95		1,305
Deferred maintenance and other revenue		46,395		41,671
Total current liabilities		84,488		76,374
Long-term debt, net of current portion		100,000		289,092
Other long-term liabilities		14,081		12,343
Deferred income taxes		28,936		40,734
Total liabilities		227,505		418,543
Total stockholders’ equity		980,103		857,183
Total liabilities and stockholders’ equity	$	1,207,608	$	1,275,726

See Notes to Condensed Consolidated Financial Information.

SS&C Technologies Holdings, Inc. and Subsidiaries

Condensed Consolidated Statements of Cash Flows

(in thousands)

		September 30,			September 30,
	Year Ended
	December 31, 2011			December 31, 2010
Cash flow from operating activities:
Net income	$	51,021		$	32,413
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		42,224			40,728
Stock-based compensation expense		13,493			13,254
Amortization of loan origination costs		4,485			3,392
Loss (gain) on sale or disposition of property and equipment		11			(9	)
Deferred income taxes		(12,423	)		(13,700	)
Provision for doubtful accounts		802			831
Changes in operating assets and liabilities, excluding effects from acquisitions:
Accounts receivable		(1,818	)		1,066
Prepaid expenses and other assets		(324	)		(133	)
Accounts payable		278			(1,041	)
Accrued expenses and other liabilities		4,076			(2,660	)
Income taxes receivable and payable		4,181			2,073
Deferred maintenance and other revenues		4,401			(647	)
Net cash provided by operating activities		110,407			75,567
Cash flow from investing activities:
Additions to property and equipment		(6,222	)		(4,834	)
Cash paid for business acquisitions, net of cash acquired		(20,577	)		(45,815	)
Additions to capitalized software and other intangibles		(1,406	)		(509	)
Other		(1,149	)		59
Net cash used in investing activities		(29,354	)		(51,099	)
Cash flow from financing activities:
Proceeds from debt financing		100,000			—
Repayment of debt		(291,051	)		(108,120	)
Proceeds from common stock issuance, net		51,971			134,558
Proceeds from exercise of stock options		8,788			10,813
Purchase of common stock for treasury		—			(1,169	)
Income tax benefit related to exercise of stock options		4,934			5,064
Net cash (used in) provided by financing activities		(125,358	)		41,146
Effect of exchange rate changes on cash and cash equivalents		(220	)		174
Net (decrease) increase in cash and cash equivalents		(44,525	)		65,788
Cash and cash equivalents, beginning of period		84,843			19,055
Cash and cash equivalents, end of period	$	40,318		$	84,843

See Notes to Condensed Consolidated Financial Information.

SS&C Technologies Holdings, Inc. and Subsidiaries

Notes to Condensed Consolidated Financial Information

Note 1. Reconciliation of Revenue to Adjusted Revenue

Adjusted revenue represents revenue adjusted for one-time purchase accounting adjustments to fair value deferred revenue acquired in business combinations. Adjusted revenue is presented because we use this measure to evaluate performance of our business against prior periods and believe it is a useful indicator of the underlying performance of the Company. Adjusted revenue is not a recognized term under generally accepted accounting principles (GAAP). Adjusted revenue does not represent revenue, as that term is defined under GAAP, and should not be considered as an alternative to revenue as an indicator of our operating performance. Adjusted revenue as presented herein is not necessarily comparable to similarly titled measures. The following is a reconciliation between adjusted revenue and revenue, the GAAP measure we believe to be most directly comparable to adjusted revenue.

		September 30,		September 30,		September 30,		September 30,
	Three Months Ended December 31,				Year Ended December 31,
(in thousands)	2011		2010		2011		2010
Revenue	$	95,695	$	86,110	$	370,828	$	328,905
Purchase accounting adjustments to deferred revenue		7		11		27		189
Adjusted revenue	$	95,702	$	86,121	$	370,855	$	329,094

Note 2. Reconciliation of Operating Income to Adjusted Operating Income

Adjusted operating income represents operating income adjusted for amortization of acquisition-related intangible assets and purchase accounting adjustments for deferred revenue and other expenses. Adjusted operating income is presented because we use this measure to evaluate performance of our business and believe it is a useful indicator of the underlying performance of the Company. Adjusted operating income is not a recognized term under GAAP. Adjusted operating income does not represent operating income, as that term is defined under GAAP, and should not be considered as an alternative to operating income as an indicator of our operating performance. Adjusted operating income as presented herein is not necessarily comparable to similarly titled measures. The following is a reconciliation between adjusted operating income and operating income, the GAAP measure we believe to be most directly comparable to adjusted operating income.

		September 30,			September 30,			September 30,			September 30,
	Three Months Ended December 31,						Year Ended December 31,
(in thousands)	2011			2010			2011			2010
Operating income	$	23,685		$	21,045		$	93,777		$	79,840
Amortization of intangible assets		9,418			8,950			36,826			35,085
Stock-based compensation		4,278			4,073			13,493			13,254
Capital-based taxes		200			230			354			1,091
Unusual or non-recurring charges (gains)		863			(30	)		1,932			174
Purchase accounting adjustments		(65	)		(114	)		(373	)		(238	)
Other		—			(75	)		(30	)		39
Adjusted operating income	$	38,379		$	34,079		$	145,979		$	129,245

Note 3. Reconciliation of Net Income to EBITDA, Consolidated EBITDA and Adjusted Consolidated EBITDA

EBITDA represents net income before interest expense, income taxes, depreciation and amortization. Consolidated EBITDA, defined under our credit agreement, is used in calculating covenant compliance, and is EBITDA adjusted for certain items. Consolidated EBITDA is calculated by subtracting from or adding to EBITDA items of income or expense described below. Adjusted consolidated EBITDA is calculated by subtracting acquired EBITDA from consolidated EBITDA. EBITDA, consolidated EBITDA and adjusted consolidated EBITDA are presented because we use these measures to evaluate performance of our business and believe them to be useful indicators of an entity’s debt capacity and its ability to service debt. EBITDA, consolidated EBITDA and adjusted consolidated EBITDA are not recognized terms under GAAP and should not be considered in isolation or as alternatives to operating income, net income or cash flows from operating activities. EBITDA, consolidated EBITDA and adjusted consolidated EBITDA do not represent net income, as that term is defined under GAAP, and should not be considered as alternatives to net income as an indicator of our operating performance. The following is a reconciliation between EBITDA, consolidated EBITDA and adjusted consolidated EBITDA and net income.

		September 30,			September 30,			September 30,			September 30,
	Three months ended December 31,						Year ended December 31
(in thousands)	2011			2010			2011			2010
Net income	$	13,260		$	9,176		$	51,021		$	32,413
Interest expense, net		4,718			6,594			19,415			35,892
Income taxes		5,104			5,121			22,918			12,034
Depreciation and amortization		10,742			10,372			42,224			40,728
EBITDA		33,824			31,263			135,578			121,067
Stock-based compensation		4,278			4,073			13,493			13,254
Capital-based taxes		200			230			354			1,091
Acquired EBITDA and cost savings		—			329			1,192			6,392
Unusual or non-recurring charges (gains)		1,465			124			2,355			(325	)
Purchase accounting adjustments		(65	)		(114	)		(373	)		(238	)
Other		(147	)		(75	)		(183	)		39
Consolidated EBITDA		39,555			35,830			152,416			141,280
Less: acquired EBITDA and cost savings		—			(329	)		(1,192	)		(6,392	)
Adjusted Consolidated EBITDA	$	39,555		$	35,501		$	151,224		$	134,888

Note 4. Reconciliation of Net Income to Adjusted Net Income and Diluted Earnings Per Share to Adjusted Diluted Earnings Per Share

Adjusted net income and adjusted diluted earnings per share represent net income and earnings per share before amortization of intangible assets and deferred financing costs, stock-based compensation, capital-based taxes and other unusual and non-recurring items. Adjusted net income and adjusted diluted earnings per share are not recognized terms under GAAP, do not represent net income or diluted earnings per share, as those terms are defined under GAAP, and should not be considered as alternatives to net income or diluted earnings per share as indicators of our operating performance. Adjusted net income and adjusted diluted earnings per share are important to management and investors because they represent our operational performance exclusive of the effects of amortization of intangible assets and deferred financing costs, stock-based compensation, capital-based taxes and other unusual and non-recurring items that are not operational in nature or comparable to those of our competitors. The following is a reconciliation between adjusted net income and adjusted diluted earnings per share and net income and diluted earnings per share.

		September 30,			September 30,			September 30,			September 30,
	Three Months Ended December 31,						Year Ended December 31,
(in thousands, except per share data)	2011			2010			2011			2010
GAAP – Net income	$	13,260		$	9,176		$	51,021		$	32,413
Plus: Amortization of intangible assets		9,418			8,950			36,826			35,085
Plus: Amortization of deferred financing costs		356			496			1,656			2,127
Plus: Stock-based compensation		4,278			4,073			13,493			13,254
Plus: Capital-based taxes		200			230			354			1,091
Plus: Unusual or non-recurring charges (gains)		1,465			124			2,355			(325	)
Plus: Loss on extinguishment of debt		1,906			—			4,787			5,480
Plus: Purchase accounting adjustments		(65	)		(114	)		(373	)		(238	)
Plus: Other		—			(75	)		(30	)		39
Income tax effect (1)		(7,469	)		(4,672	)		(23,635	)		(23,301	)
Adjusted net income	$	23,349		$	18,188		$	86,454		$	65,625
Adjusted diluted earnings per share	$	0.29		$	0.24		$	1.07		$	0.90
GAAP diluted earnings per share	$	0.16		$	0.12		$	0.63		$	0.44
Diluted weighted-average shares outstanding		81,194			76,594			80,709			73,079

(1) An estimated normalized effective tax rate of 35% has been used to adjust the provision for income taxes for the items noted above for the purposes of computing adjusted net income.