SS&C Technologies (SSNC) 10-K 29 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 24, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	SSNC
Entity Registrant Name	SS&C Technologies Holdings Inc
Entity Central Index Key	1,402,436
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		98,754,373
Entity Public Float			$ 5,089,406,938

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 434,159	$ 109,577
Accounts receivable, net of allowance for doubtful accounts of $2,957 and $2,241, respectively (Note 3)	169,951	94,359
Prepaid expenses and other current assets	27,511	14,927
Prepaid income taxes	40,627	11,857
Deferred income taxes		2,975
Restricted cash	2,818	1,477
Total current assets	675,066	235,172
Property, plant and equipment:
Land	2,655	2,655
Building and improvements	37,855	28,521
Equipment, furniture, and fixtures	97,274	79,564
Total property and equipment	137,784	110,740
Less: accumulated depreciation	(70,641)	(56,463)
Net property, plant and equipment	67,143	54,277
Deferred income taxes	2,199	1,135
Goodwill	3,549,212	1,573,227
Intangible and other assets, net of accumulated amortization of $536,929 and $416,708, respectively (Note 2)	1,508,622	402,344
Total assets	5,802,242	2,266,155
Current liabilities:
Current portion of long-term debt (Note 6)	32,281	20,470
Accounts payable	11,957	12,004
Income taxes payable	1,428	1,116
Accrued employee compensation and benefits	83,894	53,975
Deferred income taxes		110
Interest payable	28,903
Other accrued expenses	36,231	30,666
Deferred revenue	222,024	73,254
Total current liabilities	416,718	191,595
Long-term debt, net of current portion (Note 6)	2,719,070	599,268
Other long-term liabilities	51,434	26,446
Deferred income taxes	509,574	102,176
Total liabilities	$ 3,696,796	$ 919,485
Commitments and contingencies (Note 12)
Common stock:
Common stock	$ 966	$ 822
Additional paid-in capital	1,794,115	964,845
Accumulated other comprehensive income	(83,170)	(15,121)
Retained earnings	411,493	414,082
Stockholders' equity before treasury stock	2,123,431	1,364,655
Less: cost of common stock in treasury, 786,439 shares	(17,985)	(17,985)
Total stockholders’ equity	2,105,446	1,346,670
Total liabilities and stockholders’ equity	5,802,242	2,266,155
Class A Non-Voting Common Stock [Member]
Common stock:
Common stock	27	27
Total stockholders’ equity	$ 27	$ 27

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Allowance for doubtful accounts receivable	$ 2,957	$ 2,241
Accumulated amortization of finite-lived intangible assets	$ 536,929	$ 416,708
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	100,000,000
Common stock, shares issued	96,552,226	82,268,722
Common stock, shares outstanding	95,765,787	81,482,283
Common stock, shares unvested	12,438	17,188
Treasury stock, shares	786,439	786,439
Class A Non-Voting Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	5,000,000	5,000,000
Common stock, shares issued	2,703,846	2,703,846
Common stock, shares outstanding	2,703,846	2,703,846

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Software-enabled services	$ 670,170	$ 592,528	$ 552,565
Maintenance and term licenses	246,422	115,609	112,889
Total recurring revenues	916,592	708,137	665,454
Perpetual licenses	31,467	26,328	19,207
Professional services	52,226	33,396	28,041
Total non-recurring revenues	83,693	59,724	47,248
Total revenues	1,000,285	767,861	712,702
Cost of revenues:
Software-enabled services	373,394	342,625	322,719
Maintenance and term licenses	113,865	41,424	41,215
Total recurring cost of revenues	487,259	384,049	363,934
Perpetual licenses	3,116	3,531	5,133
Professional services	41,975	23,151	19,733
Total non-recurring cost of revenues	45,091	26,682	24,866
Total cost of revenues	532,350	410,731	388,800
Gross profit	467,935	357,130	323,902
Operating expenses:
Selling and marketing	94,950	48,592	41,885
Research and development	110,415	57,287	53,862
General and administrative	97,832	50,879	45,187
Total operating expenses	303,197	156,758	140,934
Operating income	164,738	200,372	182,968
Interest income	1,976	1,705	1,116
Interest expense	(79,333)	(27,177)	(42,395)
Other income, net	3,878	2,754	3,498
Loss on extinguishment of debt	(30,417)
Income before income taxes	60,842	177,654	145,187
Provision for income taxes (Note 5)	17,980	46,527	27,292
Net income	$ 42,862	$ 131,127	$ 117,895
Basic earnings per share	$ 0.47	$ 1.57	$ 1.45
Basic weighted average number of common shares outstanding	91,098	83,314	81,195
Diluted earnings per share	$ 0.45	$ 1.50	$ 1.38
Diluted weighted average number of common and common equivalent shares outstanding	95,448	87,331	85,616
Net income	$ 42,862	$ 131,127	$ 117,895
Other comprehensive loss, net of tax:
Foreign currency exchange translation adjustment	(68,049)	(45,495)	(21,144)
Total comprehensive loss, net of tax	(68,049)	(45,495)	(21,144)
Comprehensive (loss) income	$ (25,187)	$ 85,632	$ 96,751

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flow from operating activities:
Net income	$ 42,862	$ 131,127	$ 117,895
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	150,834	99,831	99,780
Stock-based compensation expense	44,079	11,483	8,386
Income tax benefit related to exercise of stock options	(32,960)	(15,454)	(24,194)
Amortization and write-offs of loan origination costs	8,126	5,839	5,830
Loss on extinguishment of debt	3,954
Loss on sale or disposition of property and equipment	336	687	317
Deferred income taxes	(39,806)	(13,583)	(11,069)
Provision for doubtful accounts	1,137	610	666
Changes in operating assets and liabilities, excluding effects from acquisitions:
Accounts receivable	(12,160)	3,902	814
Prepaid expenses and other current assets	(6,019)	(6,419)	(4,695)
Accounts payable	(5,586)	1,525	(4,032)
Accrued expenses	4,073	10,140	1,695
Income taxes prepaid and payable	11,514	21,560	18,060
Deferred revenue	60,240	1,284	(1,184)
Net cash provided by operating activities	230,624	252,532	208,269
Cash flow from investing activities:
Additions to property and equipment	(13,600)	(15,040)	(11,921)
Proceeds from sale of property and equipment	64	42	67
Cash paid for business acquisitions, net of cash acquired (Note 11)	(2,730,956)	(86,911)	(3,657)
Additions to capitalized software	(4,273)	(3,517)	(2,399)
Net changes in restricted cash	453	983
Net cash used in investing activities	(2,748,312)	(104,443)	(17,910)
Cash flow from financing activities:
Cash received from debt borrowings, net of original issue discount	3,068,075	75,000
Repayments of debt	(903,448)	(212,000)	(239,000)
Proceeds from exercise of stock options	30,092	24,110	27,817
Withholding taxes related to equity award net share settlement	(6,939)
Payment of contingent consideration		(500)
Income tax benefit related to exercise of stock options	32,960	15,454	24,194
Proceeds from common stock issuance, net	717,802
Purchase of common stock for treasury		(11,223)	(943)
Payment of fees related to refinancing activities	(46,025)	(512)	(1,917)
Dividends paid on common stock	(45,451)	(10,494)
Net cash provided by (used in) financing activities	2,847,066	(120,165)	(189,849)
Effect of exchange rate changes on cash and cash equivalents	(4,796)	(2,817)	(2,200)
Net increase in cash and cash equivalents	324,582	25,107	(1,690)
Cash and cash equivalents, beginning of period	109,577	84,470	86,160
Cash and cash equivalents, end of period	434,159	109,577	84,470
Supplemental disclosure of cash paid for:
Interest	42,221	21,330	36,551
Income taxes, net of refunds	$ 42,210	$ 33,414	$ 21,584

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Class A Non-Voting Common Stock [Member]
Beginning balance at Dec. 31, 2012	$ 1,075,503,000	$ 781,000	$ 853,455,000	$ 175,554,000	$ 51,518,000	$ (5,819,000)	$ 14,000
Beginning balance, shares at Dec. 31, 2012		78,141,000					1,429,000
Net income	117,895,000			117,895,000
Foreign exchange translation adjustment	(21,144,000)				(21,144,000)
Stock-based compensation expense	8,386,000		8,386,000
Exercise of options	27,817,000	$ 23,000	27,781,000				$ 13,000
Exercise of options, shares		2,312,000					1,275,000
Income tax benefit related to exercise of stock options	24,194,000		24,194,000
Issuance of common stock, shares		25,000
Purchase of common stock	(943,000)					(943,000)
Ending balance at Dec. 31, 2013	1,231,708,000	$ 804,000	913,816,000	293,449,000	30,374,000	(6,762,000)	$ 27,000
Ending balance, shares at Dec. 31, 2013		80,478,000					2,704,000
Net income	131,127,000			131,127,000
Foreign exchange translation adjustment	(45,495,000)				(45,495,000)
Stock-based compensation expense	11,483,000		11,483,000
Exercise of options	24,110,000	$ 18,000	24,092,000
Exercise of options, shares		1,790,000
Income tax benefit related to exercise of stock options	15,454,000		15,454,000
Cash dividends declared - [$-value] per share (Note 4)	(10,494,000)			(10,494,000)
Purchase of common stock	(11,223,000)					(11,223,000)
Ending balance at Dec. 31, 2014	$ 1,346,670,000	$ 822,000	964,845,000	414,082,000	(15,121,000)	(17,985,000)	$ 27,000
Ending balance, shares at Dec. 31, 2014	82,268,722	82,268,000					2,703,846
Net income	$ 42,862,000			42,862,000
Foreign exchange translation adjustment	(68,049,000)				(68,049,000)
Stock-based compensation expense	43,746,000		43,746,000
Exercise of options	23,153,000	$ 22,000	23,131,000
Exercise of options, shares		2,207,000
Income tax benefit related to exercise of stock options	32,960,000		32,960,000
Issuance of common stock	717,802,000	$ 122,000	717,680,000
Issuance of common stock, shares		12,077,000
Cash dividends declared - [$-value] per share (Note 4)	(45,451,000)			(45,451,000)
Purchase of common stock	0
Ending balance at Dec. 31, 2015	$ 2,105,446,000	$ 966,000	1,794,115,000	$ 411,493,000	$ (83,170,000)	$ (17,985,000)	$ 27,000
Ending balance, shares at Dec. 31, 2015	96,552,226	96,552,000					2,703,846
Non-cash purchase price consideration (Note 11)	$ 11,753,000		$ 11,753,000

Consolidated Statements of Cha7

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares	Feb. 24, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement Of Stockholders Equity [Abstract]
Cash dividends declared per share	$ 0.125	$ 0.50	$ 0.125

Organization

Organization	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Organization	Note 1—Organization The Company provides software products and software-enabled services to the financial services industry, primarily in North America. The Company also has operations in Europe, Asia, Australia and Africa. The Company’s portfolio of over 90 products and software-enabled services allows its clients to automate and integrate front-office functions such as trading and modeling, middle-office functions such as portfolio management and reporting, and back-office functions such as accounting, performance measurement, reconciliation, reporting, processing and clearing. The Company provides its products and related services in eight vertical markets in the financial services industry: 1. Alternative investments; 2. Insurance and pension funds; 3. Asset and wealth management; 4. Financial institutions; 5. Commercial lenders; 6. Real estate property management; 7. Municipal finance; and 8. Financial markets.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2—Summary of Significant Accounting Policies Use of Estimates The preparation of the consolidated financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates are used for, but not limited to, collectability of accounts receivable, costs to complete certain contracts, valuation of acquired assets and liabilities, valuation of stock options, income tax accruals and the value of deferred tax assets. Estimates are also used to determine the remaining economic lives and carrying value of fixed assets, goodwill and intangible assets. Actual results could differ from those estimates. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries. All significant accounts, transactions and profits between the consolidated companies have been eliminated in consolidation. Unconsolidated investments in entities over which the Company does not have control but has the ability to exercise influence over operating and financial policies, if any, are accounted for under the equity method of accounting. Earnings and losses from such investments are recorded on a pre-tax basis, if any. Reclassifications In connection with the acquisition of Advent and the related increase in term license revenues, the Company condensed its presentation of revenues on its Consolidated Statements of Comprehensive Income to illustrate its two types of revenue streams: recurring revenues and non-recurring revenues. Recurring revenues consist of software-enabled services and maintenance and term licenses. Non-recurring revenues consist of professional services and perpetual licenses. The Company’s prior presentation required that revenues from term license agreements be allocated between license revenue and maintenance revenue, with the license portion being reported together with revenue from perpetual license agreements as “Software licenses”, and the maintenance portion being reported together with maintenance revenue related to perpetual licenses as “Maintenance”. The Company reclassified $10.0 million and $9.5 million from “Software licenses” to “Maintenance and term licenses” for the years ended December 31, 2014 and 2013, respectively. In connection with the reclassification of revenues, the Company reclassified the related costs of revenues, which were immaterial. The revised presentation better illustrates the nature of the Company’s revenues and costs of revenues by indicating the recurring nature of the license portion of revenue from maintenance and term license agreements. The Company has not changed its accounting methods for revenue recognition. Revenue Recognition The Company’s payment terms for software licenses typically require that the total fee be paid upon signing of the contract. Maintenance services are typically due in full at the beginning of the maintenance period. Professional services and software-enabled services are typically due and payable monthly in arrears. Normally, the Company’s arrangements do not provide for any refund rights, and payments are not contingent on specific milestones or customer acceptance conditions. For arrangements that do contain such provisions, the Company defers revenue until the rights or conditions have expired or have been met. Unbilled accounts receivable primarily relates to professional services and software-enabled services revenue that has been earned as of month end but is not invoiced until the subsequent month, and to software license revenue that has been earned and is realizable but not invoiced to clients until future dates specified in the client contract. Deferred revenue consists of payments received related to product delivery, maintenance and other services, which have been paid by customers prior to the recognition of revenue. Deferred revenue relates primarily to cash received for maintenance contracts in advance of services being performed over the contractual term. Software-enabled Services Revenue The Company primarily offers software-enabled outsourcing services in which the Company utilizes its own software to offer comprehensive fund administration services for alternative investment managers, including fund manager services, transfer agency services, funds-of-funds services, tax processing and accounting. The Company also offers subscription-based on-demand software applications that are managed and hosted at our facilities. The software-enabled services arrangements provide an alternative for clients who do not wish to install, run and maintain complicated financial software. Under these arrangements, the client does not have the right to take possession of the software, rather, the Company agrees to provide access to its applications, remote use of its equipment to process transactions, access to client’s data stored on its equipment, and connectivity between its environment and the client’s computing systems. Software-enabled services are generally provided under non-cancelable contracts with initial terms of one to five years that require monthly or quarterly payments, and are subject to automatic annual renewal at the end of the initial term unless terminated by either party. The Company recognizes software-enabled services revenues on a monthly basis as the software-enabled services are provided and when pervasive evidence of an arrangement exists, the price is fixed or determinable and collectability is reasonably assured. The Company does not recognize any revenue before services are performed. Certain contracts contain additional fees for increases in market value, pricing and trading activity. Revenues related to these additional fees are recognized in the month in which the activity occurs based upon the Company’s summarization of account information and trading volume. Maintenance and Term Licenses Revenue Agreements Maintenance agreements generally require the Company to provide technical support and software updates (on a when-and-if-available basis) to its clients. Such services are generally provided under one-year renewable contracts. Maintenance revenues are recognized ratably over the term of the maintenance agreement. The Company also sells term licenses ranging from one to seven years, many of which include bundled maintenance services. For those arrangements with bundled maintenance services, VSOE does not exist for the maintenance element and therefore the total fee is recognized ratably over the contractual term of the arrangement. Perpetual Licenses Revenue The Company follows the principles of accounting standards relating to software revenue recognition, which provide guidance on applying GAAP in recognizing revenue on software transactions. Accounting standards require that revenue recognized from software transactions be allocated to each element of the transaction based on the relative fair values of the elements, such as software products, specified upgrades, enhancements, post-contract client support, installation or training. The determination of fair value is based upon vendor-specific objective evidence (“VSOE”). The Company recognizes perpetual licenses revenues allocated to software products and enhancements generally upon delivery of each of the related products or enhancements, assuming all other revenue recognition criteria are met. In the rare occasion that a perpetual license agreement includes the right to a specified upgrade or product, the Company defers all revenues under the arrangement until the specified upgrade or product is delivered, since typically VSOE does not exist to support the fair value of the specified upgrade or product. The Company generally recognizes revenue from sales of software or products including proprietary software upon product shipment and receipt of a signed contract, provided that collection is probable and all other revenue recognition criteria are met. The Company sells perpetual software licenses in conjunction with professional services for installation and maintenance. For these arrangements, the total contract value is attributed first to the maintenance arrangement based on its fair value, which is derived from stated renewal rates. The contract value is then attributed to professional services based on estimated fair value, which is derived from the rates charged for similar services provided on a stand-alone basis. The Company’s software license agreements generally do not require significant modification or customization of the underlying software, and, accordingly, implementation services provided by the Company are not considered essential to the functionality of the software. The remainder of the total contract value is then attributed to the software license based on the residual method. The Company occasionally enters into license agreements requiring significant customization of the Company’s software. The Company accounts for the license fees under these agreements on the percentage-of-completion basis. This method requires estimates to be made for costs to complete the agreement utilizing an estimate of development man-hours remaining. Revenue is recognized each period based on the hours incurred to date compared to the total hours expected to complete the project. Due to uncertainties inherent in the estimation process, it is at least reasonably possible that completion costs may be revised. Such revisions are recognized in the period in which the revisions are determined. Provisions for estimated losses on uncompleted contracts are determined on a contract-by-contract basis, and are made in the period in which such losses are first estimated or determined. Professional Services Revenue The Company provides consulting and training services to its clients. Revenues for such services are generally recognized over the period during which the services are performed. The Company typically charges for professional services on a time-and-materials basis. However, some contracts are for a fixed fee. For the fixed-fee arrangements, an estimate is made of the total hours expected to be incurred to complete the project. Due to uncertainties inherent in the estimation process, it is at least reasonably possible that completion costs may be revised. Such revisions are recognized in the period in which the revisions are determined. Revenues are recognized each period based on the hours incurred to date compared to the total hours expected to complete the project. Research and Development Research and development costs associated with computer software are charged to expense as incurred. Capitalization of internally developed computer software costs begins upon the establishment of technological feasibility based on a working model. Net capitalized software costs of $4.7 million and $4.2 million are included in the December 31, 2015 and 2014 balance sheets, respectively, under “Intangible and other assets”. The Company’s policy is to amortize these costs upon a product’s general release to the client. Amortization of capitalized software costs is calculated by the greater of (a) the ratio that current gross revenues for a product bear to the total of current and anticipated future gross revenues for that product or (b) the straight-line method over the remaining estimated economic life of the product, including the period being reported on, typically two to five years. It is reasonably possible that those estimates of anticipated future gross revenues, the remaining estimated economic life of the product, or both could be reduced significantly due to competitive pressures. Amortization expense related to capitalized software development costs was $2.4 million, $1.8 million, and $1.0 million for each of the years ended December 31, 2015, 2014, and 2013, respectively. Stock-based Compensation Using the fair value recognition provisions of relevant accounting literature, stock-based compensation cost is measured at the grant date based on the estimated fair value of the award and is recognized as expense over the appropriate service period. Determining the fair value of stock-based awards requires considerable judgment, including estimating the expected term of stock options, expected volatility of the Company’s stock price, and the number of awards expected to be forfeited. Differences between actual results and these estimates could have a material effect on the Company’s financial results. A deferred income tax asset is recorded over the vesting period as stock compensation expense is recorded for non-qualified option awards. The realizability of the deferred tax asset is ultimately based on the actual value of the stock-based award upon exercise. If the actual value is lower than the fair value determined on the date of grant, then there could be an income tax expense for the portion of the deferred tax asset that is not realizable. Other Income, Net Other income, net for 2015 consists primarily of foreign currency transaction gains of $3.4 million and the liquidation of an investment. Other income, net for 2014 consists primarily of foreign currency transaction gains of $2.9 million. The gains were partially offset by an increase of $0.4 million to the contingent consideration liability for the acquisition of Prime Management Limited (“Prime”). Other income, net for 2013 consists primarily of foreign currency transaction gains of $3.4 million. Income Taxes The Company accounts for income taxes in accordance with the relevant accounting literature. An asset and liability approach is used to recognize deferred tax assets and liabilities for the future tax consequences of items that are recognized in the Company’s financial statements and tax returns in different years. A valuation allowance is established against net deferred tax assets if, based on the weight of available evidence, it is more likely than not that some or all of the net deferred tax assets will not be realized. The Company accounts for uncertain tax positions using a two-step approach. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount which is more than 50% likely of being realized upon ultimate settlement. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately forecast actual outcomes. Cash and Cash Equivalents The Company considers all highly liquid marketable securities with original maturities of three months or less at the date of acquisition to be cash equivalents. The Company held $303.1 million in cash equivalents at December 31, 2015 and did not hold any cash equivalents at December 31, 2014. Restricted Cash Restricted cash includes monies held by a bank as security for letters of credit issued due to lease requirements for office space. The letters of credit are expected to be renewed within the next twelve months, and as such, the restricted cash is classified as a current asset on the Consolidated Balance Sheet. Additionally, movements of restricted cash are included in other investing activities on the Consolidated Statement of Cash Flows. Property, Plant and Equipment Property, plant and equipment are stated at cost. Depreciation of property, plant and equipment is calculated using a combination of straight-line and accelerated methods over the estimated useful lives of the assets as follows: Description Useful Life Land — Buildings and improvements 40 years Equipment and software 3-5 years Furniture and fixtures 7-10 years Leasehold improvements Shorter of lease term or estimated useful life Depreciation expense for the years ended December 31, 2015, 2014 and 2013 was $18.9 million, $14.3 million and $14.7 million, respectively. Maintenance and repairs are expensed as incurred. The costs of sold or retired assets are removed from the related asset and accumulated depreciation accounts and any gain or loss is included in other income (expense), net. Goodwill and Intangible Assets The Company tests goodwill annually for impairment as of December 31st (and in interim periods if certain events occur or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount). The Company has completed the required impairment tests for goodwill and has determined that no impairment existed as of December 31, 2015 or 2014. The first step of the impairment analysis, which is based on our reporting unit structure, indicated that the fair value significantly exceeded the carrying value at December 31, 2015. There were no other indefinite-lived intangible assets as of December 31, 2015 or 2014. The following table summarizes changes in goodwill (in thousands): Balance at December 31, 2013 $ 1,541,386 2014 acquisition 66,511 Effect of foreign currency translation (34,670 ) Balance at December 31, 2014 1,573,227 2015 acquisitions 2,031,451 Adjustments to prior acquisitions (67 ) Effect of foreign currency translation (55,399 ) Balance at December 31, 2015 $ 3,549,212 Customer relationships, completed technology and other identifiable intangible assets are amortized over lives ranging from three to 17 years based on the ratio that current cash flows for the intangible asset bear to the total of current and expected future cash flows for the intangible asset. Amortization expense associated with customer relationships, completed technology and other amortizable intangible assets was $129.5 million, $83.7 million and $84.1 million for the years ended December 31, 2015, 2014 and 2013, respectively. A summary of the components of intangible assets is as follows (in thousands): December 31, 2015 2014 Customer relationships $ 1,459,550 $ 604,638 Completed technology 497,030 154,043 Trade names 61,573 39,876 Other 2,680 2,774 2,020,833 801,331 Less: accumulated amortization (530,792 ) (412,897 ) $ 1,490,041 $ 388,434 Total estimated amortization expense, related to intangible assets, for each of the next five years, as of December 31, 2015, is expected to approximate (in thousands): Year Ending December 31, 2016 $ 192,618 2017 185,093 2018 180,220 2019 164,541 2020 154,122 $ 876,594 Impairment of Long-Lived Assets The Company evaluates the recoverability of its long-lived assets when there is evidence that events or changes in circumstances have made recovery of the assets’ carrying value unlikely. An impairment loss would be recognized when the sum of the expected future undiscounted net cash flows is less than the carrying amount of the asset. The Company has identified no such impairment losses in the years ended December 31, 2015 and 2014. Concentration of Credit Risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash, cash equivalents, marketable securities, and trade receivables. The Company has cash investment policies that limit investments to investment grade securities. Concentrations of credit risk, with respect to trade receivables, are limited due to the fact that the Company’s client base is highly diversified. As of December 31, 2015 and 2014, the Company had no significant concentrations of credit. International Operations and Foreign Currency The functional currency of each foreign subsidiary is generally the local currency. Accordingly, assets and liabilities of foreign subsidiaries are translated to U.S. dollars at period-end exchange rates, and capital stock accounts are translated at historical rates. Revenues and expenses are translated using the average rates during the period. The resulting translation adjustments are excluded from net earnings and accumulated as a separate component of stockholders’ equity. Foreign currency transaction gains and losses are included within other income (expense) in the results of operations in the periods in which they occur. Comprehensive Income Items defined as comprehensive income, such as foreign currency translation adjustments, are separately classified in the financial statements. The accumulated balance of other comprehensive income is reported separately from retained earnings and additional paid-in capital in the equity section of the Consolidated Balance Sheet. Total comprehensive income consists of net income and other accumulated comprehensive income disclosed in the equity section of the Consolidated Balance Sheet. Recent Accounting Pronouncements In November 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-17, Income Taxes: Balance Sheet Classification of Deferred Taxes In September 2015, the FASB issued ASU No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments In connection with the Company’s early adoption of this standard in the period ended December 31, 2015, the Company made certain immaterial measurement period adjustments related to acquisitions during the year ended December 31, 2015. The impact of the adoption did not have a material impact on its financial statements. In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers Basic and Diluted Earnings per Share Earnings per share (“EPS”) is calculated in accordance with the relevant standards. Basic EPS includes no dilution and is computed by dividing income available to the Company’s common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net income by the weighted average number of common and common equivalent shares outstanding during the period. Common equivalent shares consist of stock options, stock appreciation rights (“SARs”) and restricted stock units (“RSUs”) and restricted stock awards (“RSAs”) using the treasury stock method. Common equivalent shares are excluded from the computation of diluted earnings per share if the effect of including such common equivalent shares is anti-dilutive because their total assumed proceeds exceed the average fair value of common stock for the period. The Company has two classes of common stock, each with identical participation rights to earnings and liquidation preferences, and therefore the calculation of EPS as described above is identical to the calculation under the two-class method. The following table sets forth the weighted average common shares used in the computation of basic and diluted EPS (in thousands): Year Ended December 31, 2015 2014 2013 Weighted average common shares outstanding — used in calculation of basic EPS 91,098 83,314 81,195 Weighted average common stock equivalents 4,350 4,017 4,421 Weighted average common and common equivalent shares outstanding — used in calculation of diluted EPS 95,448 87,331 85,616 Weighted average stock options, SARs, RSUs and RSAs representing 3,500,828, 1,841,840 and 133,598 shares were outstanding for the years ended December 31, 2015, 2014 and 2013, respectively, but were not included in the computation of diluted EPS because the effect of including them would be anti-dilutive.

Accounts Receivable, net

Accounts Receivable, net	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Accounts Receivable, net	Note 3—Accounts Receivable, net Accounts receivable are as follows (in thousands): December 31, 2015 2014 Accounts receivable $ 130,394 $ 58,223 Unbilled accounts receivable 42,514 38,377 Allowance for doubtful accounts (2,957 ) (2,241 ) Total accounts receivable, net $ 169,951 $ 94,359 The following table represents the activity for the allowance for doubtful accounts during the years ended December 31, 2015, 2014 and 2013 (in thousands): Year Ended December 31, Allowance for Doubtful Accounts: 2015 2014 2013 Balance at beginning of period $ 2,241 $ 2,500 $ 2,359 Charge to costs and expenses 1,137 610 666 Write-offs, net of recoveries (273 ) (785 ) (510 ) Other adjustments (148 ) (84 ) (15 ) Balance at end of period $ 2,957 $ 2,241 $ 2,500 Management establishes the allowance for doubtful accounts based on historical bad debt experience. In addition, management analyzes client accounts, client concentrations, client creditworthiness, current economic trends and changes in the client’s payment terms when evaluating the adequacy of the allowance for doubtful accounts.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Stockholders' Equity	Note 4—Stockholders’ Equity Public offering. In June 2015, the Company completed a public offering of its common stock. The offering included 12,075,000 newly issued shares of common stock sold by the Company (including 1,575,000 shares of common stock sold pursuant to the underwriters’ option to purchase additional shares) at an offering price of $61.50 per share for which the Company received total net proceeds of approximately $717.8 million. Authorized shares. In March 2015, the Company’s stockholders approved an increase in the number of authorized shares of the Company’s common stock from 100,000,000 shares to 200,000,000 shares. Dividends. In 2015, the Company paid quarterly cash dividends of $0.125 per share of common stock on March 16, 2015, June 15, 2015 and September 15, 2015 and December 15, 2015 to stockholders of record as of the close of business on March 2, 2015, June 1, 2015, September 1, 2015 and December 1, 2015, respectively, totaling $45.5 million. Stock repurchase program. In November 2014, the Company’s Board of Directors authorized the continued repurchase of up to $200 million of the Company’s common stock on the open market or in privately negotiated transactions. Under the repurchase programs, the Company purchased a total of 274,726 shares for approximately $11.2 million during the year ended December 31, 2014 and a total of 23,900 shares for approximately $0.9 million during the year ended December 31, 2013. There were no repurchases in 2015. The Company uses the cost method to account for treasury stock purchases. Under the cost method, the price paid for the stock is charged to the treasury stock account. The following table summarizes information about quarterly share repurchases: Fiscal 2014 Price Range Quarter Shares High Low First 90,226 $ 39.99 $ 38.06 Second 95,800 44.48 39.04 Third 88,700 43.95 42.72 Fourth — — — Total 274,726 44.48 38.06

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Note 5—Income Taxes The sources of income before income taxes were as follows (in thousands): Year Ended December 31, 2015 2014 2013 U.S. $ 15,897 $ 124,032 $ 90,332 Foreign 44,945 53,622 54,855 Income before income taxes $ 60,842 $ 177,654 $ 145,187 The income tax provision consists of the following (in thousands): Year Ended December 31, 2015 2014 2013 Current: Federal $ 36,345 $ 36,205 $ 24,604 Foreign 15,204 13,603 6,339 State 6,237 10,302 6,532 Total 57,786 60,110 37,475 Deferred: Federal (25,083 ) (9,697 ) (6,986 ) Foreign (9,367 ) (5,318 ) (987 ) State (5,356 ) 1,432 (2,210 ) Total (39,806 ) (13,583 ) (10,183 ) Total $ 17,980 $ 46,527 $ 27,292 The reconciliation between the expected tax expense and the actual tax provision is computed by applying the U.S. federal corporate income tax rate of 35% to income before income taxes as follows (in thousands): Year Ended December 31, 2015 2014 2013 Computed “expected” tax expense $ 21,295 $ 62,179 $ 50,816 Increase (decrease) in income tax expense resulting from: State income taxes (net of federal income tax benefit) 2,656 7,217 2,621 Foreign operations (11,281 ) (26,232 ) (17,942 ) Rate change impact on tax liabilities (1,021 ) — (2,679 ) Effect of valuation allowance 3,242 1,351 785 Uncertain tax positions 3,903 3,933 (2,661 ) Tax credits (3,493 ) (993 ) (3,325 ) Non-deductible transaction costs 2,354 — — Other 325 (928 ) (323 ) Provision for income taxes $ 17,980 $ 46,527 $ 27,292 The components of deferred income taxes at December 31, 2015 and 2014 are as follows (in thousands): 2015 2014 Deferred Deferred Deferred Deferred Tax Tax Tax Tax Assets Liabilities Assets Liabilities Tax credit carryforwards $ 31,257 $ — $ 4,771 $ — Deferred compensation 23,625 — 13,956 — Net operating loss carryforwards 23,249 — 11,788 — Accrued expenses 9,589 — 4,236 — Property and equipment 1,766 — — 3,031 Impaired investment interest 846 — 842 — Other 773 — — 209 Customer relationships — 390,348 — 71,557 Acquired technology — 125,022 — 5,295 Other intangible assets — 26,520 — 29,403 Deferred revenue — 20,689 — 174 Trade names — 12,379 — 5,772 Unremitted foreign earnings — 5,502 — 5,709 Total 91,105 580,460 35,593 121,150 Valuation allowance (18,020 ) — (12,619 ) — Total $ 73,085 $ 580,460 $ 22,974 $ 121,150 At December 31, 2015 and 2014, the Company had accrued a deferred income tax liability of $5.5 million and $5.7 million, respectively, on unremitted earnings of its Canadian subsidiary. At December 31, 2015, the Company had not accrued a deferred income tax liability of approximately $3.3 million on unremitted earnings of $50.2 million that are permanently reinvested in its other foreign subsidiaries. It is not practicable to estimate the amount of foreign tax credits that would be available to offset the $3.3 million tax liability due to complexities surrounding the foreign tax credit. At December 31, 2015, the Company had domestic federal net operating loss carryforwards of $0.6 million, which expire in 2034 and domestic state net operating loss carryforwards of $83.8 million, which will begin to expire in 2019. At December 31, 2015, the Company had foreign net operating loss carryforwards of $66.1 million, of which $63.6 million can be carried forward indefinitely. The remaining $2.5 million will begin to expire in 2016. At December 31, 2015, the Company had tax credit carryforwards of $31.3 million relating to domestic and foreign jurisdictions, of which $29.1 million relate to domestic tax credits that are expected to be utilized before they begin to expire in 2017, $1.3 million relate to domestic tax credits that are not expected to be utilized before they begin to expire in 2022 and $0.9 million relate to minimum alternative tax credit carryforwards at the Company’s India operations that are expected to be utilized before they begin to expire in 2021. The Company recorded $36.0 million of domestic tax credit carryforwards related to acquisitions during 2015. The Company has recorded valuation allowances of $18.0 million at December 31, 2015 related to certain foreign net operating loss carryforwards and tax credit carryforwards and $12.6 million at December 31, 2014 related to certain foreign net operating loss carryforwards. Of the $18.0 million valuation allowance recorded at December 31, 2015, $16.2 million relates to foreign net operating losses that do not expire. The change in the valuation allowance from 2014 to 2015 is primarily due to a valuation allowance recorded on domestic tax credit carryforwards and foreign net operating losses generated in 2015. The Company operates under tax holidays in some foreign jurisdictions, which begin to expire in 2017. The availability of the tax holidays are subject to fulfillment of certain conditions. The impact of the tax holidays decreased foreign taxes by $0.7 million, which had a benefit of $0.01 per share (diluted) for the year ended December 31, 2015. The following table summarizes the activity related to the Company’s unrecognized tax benefits for the years ended December 31, 2015 and 2014 (in thousands): Balance at January 1, 2014 $ 7,640 Increases related to current year tax positions 3,668 Decreases related to prior tax positions (68 ) Increases related to acquired tax positions 4,606 Lapse in statute of limitation — Foreign exchange translation adjustment (189 ) Balance at December 31, 2014 15,657 Increases related to current year tax positions 4,880 Increases related to prior tax positions 1,179 Increases related to acquired tax positions 37,456 Settlements (2,883 ) Lapse in statute of limitation (60 ) Foreign exchange translation adjustment (489 ) Balance at December 31, 2015 $ 55,740 The Company accrued potential penalties and interest on the unrecognized tax benefits of $0.8 million and $0.3 million during 2015 and 2014, respectively, and has recorded a total liability for potential penalties and interest, including penalties and interest related to acquired unrecognized tax benefits, of $3.5 million and $2.9 million at December 31, 2015 and 2014, respectively. The Company’s unrecognized tax benefits increased significantly from 2014 to 2015 due to positions taken on tax returns of acquired companies. The Company’s unrecognized tax benefits as of December 31, 2015 relate to domestic and foreign taxing jurisdictions and are recorded in other long-term liabilities on the Company’s Consolidated Balance Sheet at December 31, 2015. The Company is subject to examination by tax authorities throughout the world, including such major jurisdictions as the U.S., Canada, United Kingdom, India, California, Connecticut and New York. In these major jurisdictions, the Company is no longer subject to examination by tax authorities prior to tax years ending 2009, 2011, 2012, 2012, 2000, 2012 and 2011, respectively. The Company’s U.S. federal income tax returns are currently under audit for the tax periods ended December 31, 2009 through 2013. The Company’s California state income tax returns are currently under audit for the tax periods ended December 31, 2001 through 2007 and December 31, 2012 through 2013. The Company’s New York state income tax returns are currently under audit for the tax periods ended December 31, 2011 through 2014.

Debt

Debt	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt	Note 6—Debt At December 31, 2015 and 2014, debt consisted of the following (in thousands): December 31, 2015 2014 Senior secured credit facilities, weighted-average interest rate of 3.94% $ 2,220,000 $ — 5.875% senior notes due 2023 600,000 — Prior facility, weighted-average interest rate of 2.93% — 645,000 Unamortized original issue discount and debt issuance costs (68,649 ) (25,262 ) 2,751,351 619,738 Less current portion of long-term debt 32,281 20,470 Long-term debt $ 2,719,070 $ 599,268 Senior Secured Credit Facilities On July 8, 2015, in connection with its acquisition of Advent Software, Inc. (“Advent”), the Company entered into a credit agreement with SS&C, SS&C European Holdings S.A.R.L., an indirect wholly-owned subsidiary of SS&C (“SS&C Sarl”) and SS&C Technologies Holdings Europe S.A.R.L., an indirect wholly-owned subsidiary of SS&C (“SS&C Tech Sarl”) as the borrowers (“Credit Agreement”). The Credit Agreement has four tranches of term loans (together the “Term Loans”): (i) a $98 million term A-1 facility with a five year term for borrowings by SS&C Sarl (“Term A-1 Loan”); (ii) a $152 million term A-2 facility with a five year term for borrowings by SS&C Tech Sarl (“Term A-2 Loan”); (iii) a $1.82 billion term B-1 facility with a seven year term for borrowings by SS&C (“Term B-1 Loan”); and (iv) a $410 million term B-2 facility with a seven year term for borrowings by SS&C Sarl (“Term B-2 Loan”). In addition, the Credit Agreement has a revolving credit facility with a five year term available for borrowings by SS&C with $150 million in commitments (“Revolving Credit Facility”). The Revolving Credit Facility contains a $25 million letter of credit sub-facility, of which $0 has been drawn. The Term Loans and Revolving Credit Facility bear interest, at the election of the borrowers, at the base rate (as defined in the Credit Agreement) or LIBOR, plus the applicable interest rate margin for the credit facility. The Term A-1 Loan, Term A-2 Loan and the Revolving Credit Facility initially bear interest at either LIBOR plus 2.75% or at the base rate plus 1.75%, and are subject to a step-down at any time SS&C’s consolidated net senior secured leverage ratio is less than 3.0 times, to 2.50% in the case of the LIBOR margin and 1.50% in the case of the base rate margin. The Term B-1 Loan and Term B-2 Loan initially bear interest at either LIBOR plus 3.25%, with LIBOR subject to a 0.75% floor, or at the base rate plus 2.25%, and are subject to a step-down at any time SS&C’s consolidated net leverage ratio is less than 4.0 times, to 3.00% in the case of the LIBOR margin and 2.00% in the case of the base rate margin. A portion of the initial proceeds from the Term Loans was used to satisfy the consideration required to fund the acquisition of Advent and to repay all amounts outstanding under the Company’s then-existing credit facility (“Prior Facility”), which was subsequently terminated. At the time of the termination of the Prior Facility, all liens and other security interests that SS&C had granted to the lenders under the Prior Facility were released. The refinancing of the Prior Facility was evaluated in accordance with FASB Accounting Standards Codification 470-50, Debt-Modifications and Extinguishments, for modification and extinguishment accounting. The Company accounted for the refinancing as a debt modification with respect to amounts that remained obligations of the same lender in the syndicate with minor changes in cash flows and as a debt extinguishment with respect to amounts that were obligations of lenders that exited the syndicate or remained in the syndicate but experienced a change in cash flows of greater than 10%. See Loss on extinguishment of debt The Company is required to make scheduled quarterly payments of 0.25% of the original principal amount of the Term B-1 Loan and Term B-2 Loan, with the balance due and payable on the seventh anniversary of its incurrence. The Company is required to make scheduled quarterly payments of 1.25% of the original principal amount of the Term A-1 Loan and Term A-2 Loan until September 30, 2017 and quarterly payments of 2.50% of the original principal amount of the Term A-1 Loan and Term A-2 Loan from December 31, 2017 until June 30, 2020 with the balance due and payable on the fifth anniversary of the incurrence thereof. No amortization is required under the Revolving Credit Facility. The Company’s obligations under the Term Loans are guaranteed by (i) Holdings and each of its existing and future U.S. wholly-owned restricted subsidiaries, in the case of the Term B-1 Loan and the Revolving Credit Facility and (ii) Holdings, SS&C and each of its existing and future wholly-owned restricted subsidiaries, in the case of the Term A-1 Loan, the Term A-2 Loan and the Term B-2 Loan. The obligations of the U.S. loan parties under the Credit Agreement are secured by substantially all of the assets of such persons (subject to customary exceptions and limitations), including a pledge of all of the capital stock of substantially all of the U.S. wholly-owned restricted subsidiaries of such persons (with customary exceptions and limitations) and 65% of the capital stock of certain foreign restricted subsidiaries of such persons (with customary exceptions and limitations). All obligations of the non-U.S. loan parties under the Credit Agreement are secured by substantially all of Holdings’ and the other guarantors’ assets (subject to customary exceptions and limitations), including a pledge of all of the capital stock of substantially all of Holdings’ wholly-owned restricted subsidiaries (with customary exceptions and limitations). The Credit Agreement includes negative covenants that, among other things and subject to certain thresholds and exceptions, limit the Company’s ability and the ability of its restricted subsidiaries to incur debt or liens, make investments (including in the form of loans and acquisitions), merge, liquidate or dissolve, sell property and assets, including capital stock of its subsidiaries, pay dividends on its capital stock or redeem, repurchase or retire its capital stock, alter the business the Company conducts, amend, prepay, redeem or purchase subordinated debt, or engage in transactions with its affiliates. The Credit Agreement also contains customary representations and warranties, affirmative covenants and events of default, subject to customary thresholds and exceptions. In addition, the Credit Agreement contains a financial covenant for the benefit of the Revolving Credit Facility as well as the Term A-1 Loan and the Term A-2 Loan, requiring the Company to maintain a consolidated net senior secured leverage ratio. As of December 31, 2015, the Company was in compliance with the financial and non-financial covenants. Senior Notes On July 8, 2015, in connection with the acquisition of Advent, the Company issued $600.0 million aggregate principal amount of 5.875% Senior Notes due 2023 (“Senior Notes”). The Senior Notes are guaranteed by SS&C and each of the Company’s wholly-owned domestic subsidiaries that borrows or guarantees obligations under the Credit Agreement. The guarantees are full and unconditional and joint and several. The Senior Notes are unsecured senior obligations that are equal in right of payments to all existing and future senior debt, including the Credit Agreement. The Company is required to use commercially reasonable efforts to file with the SEC an exchange offer registration statement pursuant to which the Company will offer in exchange for the Senior Notes, new notes identical in all material respects to the Senior Notes, and cause the exchange offer registration statement to be declared effective within 365 days following the issuance of the Senior Notes. If the Company is not able to complete the exchange offer registration statement in the period stated or at all (or a shelf registration statement with the SEC to cover resales of the Senior Notes is not declared effective), the interest rate on the notes will increase 0.25% per year. The amount of additional interest will increase an additional 0.25% per year for any subsequent 90-day period in which the Company has not yet completed and have declared effective a registration statement, up to a maximum additional interest rate of 1.00% per year. At any time after July 15, 2018, the Company may redeem some or all of the Senior Notes, in whole or in part, at the redemption prices set forth in the indenture governing the Senior Notes plus accrued and unpaid interest to the redemption date. At any time on or before July 15, 2018, the Company may to redeem up to 35% of the aggregate principal amount of the Senior Notes at a redemption price equal to 105.875% of the principal amount thereof, plus accrued and unpaid interest to the redemption date, with the net proceeds of one or more equity offerings. The indenture governing the Senior Notes contains a number of covenants that restrict, subject to certain thresholds and exceptions, the Company’s ability and the ability of its restricted subsidiaries to incur debt or liens, make certain investments, pay dividends, repurchase or redeem subordinated debt, dispose of certain assets, engage in mergers or acquisitions or engage in transactions with its affiliates. Any event of default under the Credit Agreement that leads to an acceleration of those amounts due also results in a default under the indenture governing the Senior Notes. As of December 31, 2015, there were $600.0 million in principal amount of Senior Notes outstanding. Debt issuance costs In connection with the Credit Agreement and the Senior Notes, the Company capitalized an aggregate of $45.8 million in financing costs. Capitalized financing costs of $6.4 million, $4.4 million and $4.4 million were amortized to interest expense in the years ended December 31, 2015, 2014 and 2013, respectively, and the Company amortized to interest expense $1.8 million, $1.4 million and $1.4 million of the original issue discount associated with the Credit Agreement and Prior Facility for the years ended December 31, 2015, 2014 and 2013, respectively. The unamortized balance of capitalized financing costs is included in intangible and other assets in the Company’s Consolidated Balance Sheet. Loss on extinguishment of debt The Company recorded a $30.4 million loss on extinguishment of debt in 2015 in connection with the repayment and termination of its Prior Facility. The loss on early extinguishment of debt includes the write-off of a portion of the unamortized capitalized financing costs and the unamortized original issue discounts related to the Prior Facility for amounts accounted for as a debt extinguishment, as well as a portion of the financing costs related to the Credit Agreement for amounts accounted for as a debt modification. Future maturities of debt At December 31, 2015, annual maturities of long-term debt during the next five years and thereafter are as follows (in thousands): Year ending December 31, 2016 $ 32,281 2017 35,405 2018 44,781 2019 44,781 2020 and thereafter 2,662,752 $ 2,820,000

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 7—Fair Value Measurements Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. The authoritative guidance relating to fair value measurements and disclosure establishes a valuation hierarchy for disclosure of the inputs to the valuations used to measure fair value. This hierarchy prioritizes the inputs into three broad levels as follows. ● Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. ● Level 2 inputs are quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets in markets that are not active, inputs other than quoted prices that are observable for the asset or liability, including interest rates, yield curves and credit risks, or inputs that are derived principally from or corroborated by observable market data through correlation. ● Level 3 inputs are unobservable inputs based on the Company’s own assumptions used to measure assets and liabilities at fair value. A financial asset’s or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. As of December 31, 2015 and 2014, the Company did not have any significant nonfinancial assets and nonfinancial liabilities that are measured at fair value on a non-recurring basis. Recurring Fair Value Measurements The Company did not have any material financial assets or liabilities that were measured at fair value as of December 31, 2015 and 2014. Fair value of debt The carrying amounts and fair values of financial instruments are as follows (in thousands): December 31, 2015 December 31, 2014 Carrying Fair Carrying Fair Amount Value Amount Value Financial liabilities: Senior secured credit facilities $ 2,220,000 $ 2,202,105 $ — $ — 5.875% senior notes due 2023 600,000 616,500 — — Prior facility — — 645,000 641,141 The above fair values, which are Level 2 liabilities, were computed based on comparable quoted market prices. The fair values of cash, accounts receivable, net, short-term borrowings, and accounts payable approximate the carrying amounts due to the short-term maturities of these instruments.

Leases

Leases	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Leases	Note 8—Leases The Company is obligated under noncancelable operating leases for office space and office equipment. Total rental expense was $24.4 million, $16.7 million and $17.7 million for the years ended December 31, 2015, 2014 and 2013, respectively. The lease for the corporate facility in Windsor, Connecticut expires in 2022. Future minimum lease payments under the Company’s operating leases, excluding future sublease income, as of December 31, 2015, are as follows (in thousands): Year Ending December 31, 2016 $ 30,470 2017 28,446 2018 25,725 2019 22,254 2020 and thereafter 87,802 $ 194,697 The Company subleases office space to other parties under noncancelable leases. The Company received rental income under these leases of $0.2 million, $0.2 million and $1.2 million for the years ended December 31, 2015, 2014 and 2013 respectively. Future minimum lease receipts under these leases as of December 31, 2015 are as follows (in thousands): Year Ending December 31, 2016 $ 1,798 2017 1,828 2018 1,764 2019 1,273 2020 and thereafter 1,632 $ 8,295

Defined Contribution Plans

Defined Contribution Plans	12 Months Ended
	Dec. 31, 2015
Compensation And Retirement Disclosure [Abstract]
Defined Contribution Plans	Note 9—Defined Contribution Plans The Company has a 401(k) Retirement Plan (the “Plan”) that covers substantially all domestic employees. Each employee may elect to contribute to the Plan, through payroll deductions, up to 50% of his or her cash compensation, subject to certain limitations. The Plan provides for a Company match of employees’ contributions in an amount equal to 50% of an employee’s contributions up to $4,000 per year. The Company offers employees a selection of various public mutual funds and several other investment options through a brokerage account but does not include Company common stock as an investment option in its Plan. During the years ended December 31, 2015, 2014 and 2013, the Company incurred $5.8 million, $4.1 million and $3.9 million, respectively, of matching contribution expenses related to the Plan.

Stock-based Compensation

Stock-based Compensation	12 Months Ended
	Dec. 31, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-based Compensation	Note 10—Stock-based Compensation In February 2014, the Company’s Board of Directors adopted an equity-based incentive plan (“the 2014 Plan”), which authorizes stock options to be granted for up to 3,000,000 shares of the Company’s common stock, Under the 2014 Plan, which became effective in May 2014 upon stockholder approval, the exercise price of stock options is set on the grant date and may not be less than the fair market value per share on such date. Generally, stock options expire ten years from the date of grant. The Company has granted time-based stock options under the 2014 Plan. In April 2008, the Company’s Board of Directors adopted, and its stockholders approved, an equity-based incentive plan (“the 2008 Plan”), which authorizes equity awards to be granted for up to 10,914,967 shares of the Company’s common stock, which is calculated based on an initial authorization of 1,416,661 shares of the Company’s common stock and an annual increase to be added on the first day of each of the Company’s fiscal years during the term of the 2008 Plan beginning in fiscal 2009 equal to the lesser of (i) 1,416,661 shares of common stock, (ii) 2% of the outstanding shares on such date or (iii) an amount determined by the Company’s board of directors. Under the 2008 Plan, which became effective in July 2008, the exercise price of awards is set on the grant date and may not be less than the fair market value per share on such date. Generally, awards expire ten years from the date of grant. The Company has granted time-based options and RSUs under the 2008 Plan. In August 2006, the Company’s Board of Directors adopted an equity-based incentive plan (“the 2006 Plan”), which authorizes equity awards to be granted for up to 11,173,819 shares of the Company’s common stock. Under the 2006 Plan, the exercise price of awards is set on the grant date and may not be less than the fair market value per share on such date. Generally, awards expire ten years from the date of grant. The Company has granted RSAs of its common stock and both time-based and performance-based options under the 2006 Plan. The Company generally settles stock option exercises with newly issued common shares. Restricted stock units. During the year ended December 31, 2015, the Company granted 10,395 RSUs under the 2008 Plan, which vest 25% on the first anniversary of the grant date and continue to vest 1/12th of the remaining balance each quarter thereafter for three years. The RSUs vest in full upon a change in control, subject to certain conditions. At December 31, 2015, there was approximately $17.8 million of unearned non-cash stock-based compensation related to the RSUs that the Company expects to recognize as expense over a remaining period of 3.5 years. Restricted stock awards. During the years ended December 31, 2015 and 2013, the Company granted 1,500 and 25,000 RSAs of its common stock, respectively, under the 2006 Plan, which vest 25% on the first anniversary of the grant date and continue to vest 1/12th of the remaining balance each quarter thereafter for three years. The RSAs vest in full upon a change in control, subject to certain conditions. During 2014, there were no RSAs granted. At December 31, 2015, there was approximately $0.4 million of unearned non-cash stock-based compensation related to the RSAs that the Company expects to recognize as expense over a remaining period of 22 months. At December 31, 2014, there was approximately $0.6 million of unearned non-cash stock-based compensation related to the RSAs that the Company expects to recognize as expense over a remaining period of 32 months. Time-based options. Time-based options granted under the 2006 Plan, the 2008 Plan or the 2014 Plan generally vest 25% on the first anniversary of the grant date and 1/36th of the remaining balance each month thereafter for 36 months. All outstanding time-based options vest upon a change in control, subject to certain conditions. Time-based options granted during 2015, 2014 and 2013 have a weighted-average grant date fair value of $14.57, $12.77 and $9.86 per share, respectively, based on the Black-Scholes option pricing model. Compensation expense is recorded on a straight-line basis over the requisite service period. The fair value of time-based options vested during the years ended December 31, 2015, 2014 and 2013 was approximately $43.5 million, $11.3 million and $8.2 million, respectively. At December 31, 2015, there was approximately $109.6 million of unearned non-cash stock-based compensation related to time-based options that the Company expects to recognize as expense over a weighted average remaining period of approximately three years. For the time-based options valued using the Black-Scholes option-pricing model, the Company used the following weighted-average assumptions: Time-Based awards 2015 2014 2013 Expected term to exercise (years) 4.0 4.0 4.0 Expected volatility 26.63 % 29.04 % 28.04 % Risk-free interest rate 1.42 % 1.36 % 1.16 % Expected dividend yield 0.74 % 0.84 % 0 % Expected volatility prior to March 2014 was based on a combination of the Company’s historical volatility as a public company and historical volatility of the Company’s peer group. Beginning in March 2014 on the four-year anniversary of the Company’s initial public offering, expected volatility is based on the Company’s historical volatility as a public company. Expected term to exercise is based on the Company’s historical stock option exercise experience. Total stock options, SARs, RSUs and RSAs. The amount of stock-based compensation expense recognized in the Company’s Consolidated Statements of Comprehensive Income for the years ended December 31, 2015, 2014 and 2013 was as follows (in thousands): 2015 2014 (1) 2013 (1) Statement of Comprehensive Income Classification Options, SARs RSUs RSAs Total Options, SARs RSAs Total Options, SARs RSAs Total Cost of software-enabled services $ 6,460 $ 372 $ 17 $ 6,849 $ 3,940 $ — $ 3,940 $ 2,925 $ — $ 2,925 Cost of maintenance and term licenses 1,022 366 — 1,388 282 — 282 273 — 273 Cost of recurring revenues 7,482 738 17 8,237 4,222 — 4,222 3,198 — 3,198 Cost of professional services 1,166 222 — 1,388 443 — 443 338 — 338 Cost of non-recurring revenues 1,166 222 — 1,388 443 — 443 338 — 338 Total cost of revenues 8,648 960 17 9,625 4,665 — 4,665 3,536 — 3,536 Selling and marketing (2) 10,637 3,806 222 14,665 2,043 222 2,265 1,385 90 1,475 Research and development 5,676 2,912 — 8,588 1,165 — 1,165 901 — 901 General and administrative 8,270 2,931 — 11,201 3,388 — 3,388 2,331 143 2,474 Total operating expenses 24,583 9,649 222 34,454 6,596 222 6,818 4,617 233 4,850 Total stock-based compensation expense $ 33,231 $ 10,609 $ 239 $ 44,079 $ 11,261 $ 222 $ 11,483 $ 8,153 $ 233 $ 8,386 (1) There was no stock-based compensation expense associated with RSUs in 2014 and 2013. (2) For the year ended December 31, 2013, includes stock-based compensation expense of $0.1 million associated with restricted Class A stock. At December 31, 2013, there was no unearned non-cash stock based compensation related to the RSAs. The associated future income tax benefit recognized was $20.7 million, $3.8 million and $2.7 million for the years ended December 31, 2015, 2014 and 2013, respectively. For the year ended December 31, 2015, the amount of cash received from the exercise of stock options was $30.1 million, with an associated tax benefit realized of $44.2 million. The intrinsic value of options exercised during the year ended December 31, 2015 was approximately $120.9 million. For the year ended December 31, 2014, the amount of cash received from the exercise of stock options was $24.1 million, with an associated tax benefit realized of $18.8 million. The intrinsic value of options exercised during the year ended December 31, 2014 was approximately $56.1 million. For the year ended December 31, 2013, the amount of cash received from the exercise of stock options was $27.8 million, with an associated tax benefit realized of $31.8 million. The intrinsic value of options exercised during the year ended December 31, 2013 was approximately $87.8 million. In connection with its acquisition of Advent, the Company assumed Advent’s outstanding unvested equity awards which were converted into 2.5 million unvested stock options and SARs and 0.7 million unvested RSUs. The awards were converted into rights to receive SS&C common stock. All other terms and conditions of the awards remained unchanged. During the year ended December 31, 2015, the Company recognized stock-based compensation expense of $26.3 million related to these assumed awards, of which $11.5 million related to one-time charges for the accelerated vesting of certain awards. The following table summarizes stock option and SAR activity as of and for the years ended December 31, 2015, 2014 and 2013: Weighted Average Shares Exercise Price Outstanding at December 31, 2012 13,411,130 $ 12.47 Granted(1) 2,024,170 40.81 Cancelled/forfeited (332,327 ) 20.27 Exercised (3,587,331 ) 7.75 Outstanding at December 31, 2013 11,515,642 18.70 Granted(2) 2,198,825 55.74 Cancelled/forfeited (203,586 ) 30.51 Exercised (1,790,233 ) 13.47 Outstanding at December 31, 2014 11,720,648 26.24 Equity awards assumed from Advent 2,480,953 50.27 Granted(3) 3,818,295 67.91 Cancelled/forfeited (630,844 ) 50.50 Exercised (2,249,870 ) 15.45 Outstanding at December 31, 2015 15,139,182 41.28 (1) Of the grants during 2013, 1,798,420 were granted under the 2008 Plan and 225,750 were granted under the 2006 Plan. (2) Of the grants during 2014, 450,000 were granted under the 2014 Plan, 1,632,825 were granted under the 2008 Plan and 116,000 were granted under the 2006 Plan. (3) Of the grants during 2015, 515,000 were granted under the 2014 Plan, 2,739,845 were granted under the 2008 Plan and 563,450 were granted under the 2006 Plan. The following table summarizes RSU activity as of and for the year ended December 31, 2015 is as follows (in thousands): Number Outstanding at January 1, 2015 — Equity awards assumed from Advent 660,017 Granted 10,395 Cancelled/forfeited (69,194 ) Vested (122,492 ) Outstanding at December 31, 2015 478,726 The following table summarizes information about stock options outstanding that are expected to vest and stock options outstanding that are exercisable at December 31, 2015: Outstanding, Vested Options Currently Exercisable Outstanding Options Expected to Vest Weighted Weighted Weighted Average Weighted Average Average Aggregate Remaining Average Aggregate Remaining Exercise Intrinsic Contractual Exercise Intrinsic Contractual Shares Price Value Term Shares Price Value Term (In thousands) (Years) (In thousands) (Years) 6,788,912 $ 21.20 $ 319,682 4.66 8,350,270 $ 57.61 $ 89,728 9.12

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Acquisitions	Note 11—Acquisitions Primatics Financial On November 16, 2015, SS&C purchased all of the outstanding stock of Primatics for approximately $127.6 million, plus the costs of effecting the transaction and the assumption of certain liabilities. Primatics provides cloud-based integrated risk, compliance and financing solution for the banking industry. The net assets and results of operations of Primatics have been included in the Company’s consolidated financial statements from November 16, 2015. The fair value of the intangible assets, consisting of customer relationships, completed technology and trade name, was determined using the income approach. Specifically, the relief-from-royalty method was utilized for the completed technology and trade name and the excess earnings method was utilized for the customer relationships. The intangible assets are amortized each year based on the ratio that the projected cash flows for the intangible assets bear to the total of current and expected future cash flows for the intangible assets. The completed technology is amortized over approximately ten years, customer relationships are amortized over approximately one to 15 years and trade name are amortized over approximately ten years, in each case the estimated lives of the assets. The remainder of the purchase price was allocated to goodwill and is not tax deductible. There are $6.5 million in revenues from Primatics operations included in the Consolidated Statement of Comprehensive Income for the year ended December 31, 2015. Varden Technologies On September 1, 2015, SS&C purchased the assets of Varden for approximately $25.3 million, plus the costs of effecting the transaction and the assumption of certain liabilities. Varden provides cloud-based client and advisor communication solutions for investment firms. The net assets and results of operations of Varden have been included in the Company’s consolidated financial statements from September 1, 2015. The fair value of the intangible assets, consisting of customer relationships, completed technology, trade name and a non-compete agreement, was determined using the income approach. Specifically, the relief-from-royalty method was utilized for the completed technology and trade name, the excess earnings method was utilized for the customer relationships and the lost profits method was utilized for the non-compete agreement. The intangible assets are amortized each year based on the ratio that the projected cash flows for the intangible assets bear to the total of current and expected future cash flows for the intangible assets. The completed technology is amortized over approximately eight years, customer relationships and trade name are amortized over approximately ten years and the non-compete agreement is amortized over approximately three years, in each case the estimated lives of the assets. The remainder of the purchase price was allocated to goodwill and is tax deductible. There are $2.5 million in revenues from Varden operations included in the Consolidated Statement of Comprehensive Income for the year ended December 31, 2015. Advent Software, Inc. On July 8, 2015, the Company purchased all of the outstanding stock of Advent for approximately $2.6 billion in cash, equating to $44.25 per share plus the costs, fees and expenses associated with the transaction, in part, using the equity and debt financing discussed in Notes 4 and 6. Advent provides software and services for the global investment management industry. The net assets and results of operations of Advent have been included in the Company’s consolidated financial statements from July 8, 2015. The fair value of the intangible assets, consisting of customer relationships, completed technology and trade name, was determined using the income approach. Specifically, the relief-from-royalty method was utilized for the completed technology and trade name, and the excess earnings method was utilized for the customer relationships. The intangible assets are amortized each year based on the ratio that the projected cash flows for the intangible assets bear to the total of current and expected future cash flows for the intangible assets. The completed technology is amortized over approximately twelve years, customer relationships are amortized over approximately twelve years and trade name is amortized over approximately ten years, in each case the estimated lives of the assets. The remainder of the purchase price was allocated to goodwill and is not tax deductible. There are $155.8 million in revenues from Advent operations included in the Consolidated Statement of Comprehensive Income for the year ended December 31, 2015. DST Global Solutions On November 30, 2014, SS&C purchased the assets of DSTGS for approximately $95.0 million, plus the costs of effecting the transaction and the assumption of certain liabilities. DSTGS provides investment management software and services. The net assets and results of operations of DSTGS have been included in the Company’s consolidated financial statements from December 1, 2014. The purchase price was allocated to tangible and intangible assets based on their fair value at the date of acquisition. The fair value of the intangible assets, consisting of completed technology, customer relationships and trade name, was determined using the income approach. Specifically, the discounted cash flows method was utilized for customer relationships, and the relief-from-royalty method was utilized for the completed technology and trade name. The completed technology is amortized over approximately seven and eight years, customer relationships are amortized over approximately 10 to 15 years and trade names are amortized over approximately 10 years, in each case the estimated lives of the assets. The remainder of the purchase price was allocated to goodwill and is primarily not tax deductible. The following summarizes the allocation of the purchase price for the acquisitions of Primatics, Varden, Advent and DSTGS (in thousands): Primatics Varden Advent DSTGS Accounts receivable $ 9,337 $ 1,186 $ 57,326 $ 8,866 Fixed assets 2,956 26 15,898 2,074 Other assets 3,439 — 20,510 3,392 Acquired client relationships and contracts 36,980 9,000 823,000 17,200 Completed technology 33,900 3,700 311,000 34,200 Trade names 4,100 300 18,000 4,300 Non-compete agreements — 100 — — Goodwill 61,685 12,925 1,956,841 66,444 Deferred revenue (5,330 ) (835 ) (90,126 ) (10,185 ) Deferred income taxes (24,943 ) — (424,489 ) (11,626 ) Other liabilities assumed (6,943 ) (3,268 ) (91,428 ) (19,703 ) Consideration paid, net of cash acquired $ 115,181 $ 23,134 $ 2,596,532 $ 94,962 Additionally, the Company acquired Prime in October 2013 for approximately $4.0 million. The consideration paid, net of cash acquired for Advent above includes $11.8 million of non-cash consideration related to the fair value of unvested acquired equity awards with a pre-acquisition service period. This amount is excluded from “Cash paid for business acquisitions, net of cash acquired” for the year ended December 31, 2015 on the Company’s Consolidated Statement of Cash Flows. The consideration paid, net of cash acquired above for DSTGS includes a working capital adjustment of $7.9 million, which was paid in the second quarter of 2015. This amount is included in “Cash paid for business acquisitions, net of cash acquired” for the year ended December 31, 2015 on the Company’s Consolidated Statement of Cash Flows. The fair value of acquired accounts receivable balances approximates the contractual amounts due from acquired customers, except for approximately $0.4 million, $2.6 million and $0.5 million of contractual amounts that are not expected to be collected as of the acquisition date and that were also reserved by the companies acquired – Primatics, Advent and DSTGS, respectively. The goodwill associated with each of the transactions above is a result of expected synergies from combining the operations of businesses acquired with the Company and intangible assets that do not qualify for separate recognition, such as an assembled workforce. The following unaudited pro forma condensed consolidated results of operations are provided for illustrative purposes only and assume that the acquisitions of Primatics, Varden and Advent occurred on January 1, 2014 and DSTGS occurred on January 1, 2013. This unaudited pro forma information (in thousands, except per share data) should not be relied upon as being indicative of the historical results that would have been obtained if the acquisitions had actually occurred on that date, nor of the results that may be obtained in the future. 2015 2014 Revenues $ 1,303,843 $ 1,208,148 Net income (loss) $ 43,772 $ (49,718 ) Basic EPS $ 0.48 $ (0.60 ) Basic weighted average number of common shares outstanding 91,098 83,314 Diluted EPS $ 0.46 $ (0.60 ) Diluted weighted average number of common and common equivalent shares outstanding 95,448 83,314 Pending acquisitions On August 18, 2015, the Company announced the acquisition of Citigroup’s Alternative Investor Services business, which includes Hedge Fund Services and Private Equity Fund Services, for $425 million, subject to certain adjustments. The transaction is subject to approvals by relevant regulatory authorities and other customary closing conditions. The transaction is expected to close in the first quarter of 2016.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies Disclosure Abstract
Commitments and Contingencies	Note 12—Commitments and Contingencies Millennium Actions Several actions (the “Millennium Actions”) were filed in various jurisdictions against the Company’s subsidiaries, GlobeOp Financial Services Ltd and GlobeOp Financial Services LLC (“GlobeOp”), alleging claims and damages with respect to a valuation agent services agreement performed by GlobeOp for the Millennium Global Emerging Credit Fund, Ltd. and Millennium Global Emerging Credit Master Fund Ltd. All substantive claims related to the Millennium Actions have been settled or resolved in favor of GlobeOp. The only remaining issue involves the allocation of attorneys’ fees and costs in an arbitration proceeding that was conducted in the United Kingdom, which issue is currently pending before the arbitration tribunal. In addition to the foregoing legal proceedings, from time to time, the Company is subject to other legal proceedings and claims. In the opinion of the Company’s management, the Company is not involved in any other such litigation or proceedings with third parties that management believes would have a material adverse effect on the Company or its business.

Product and Geographic Sales In

Product and Geographic Sales Information	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Product and Geographic Sales Information	Note 13—Product and Geographic Sales Information The Company operates in one reportable segment. There were no sales to any individual clients during the periods in the three-year period ended December 31, 2015 that represented 10% or more of net sales. The Company attributes net sales to an individual country based upon location of the client. The Company manages its business primarily on a geographic basis. The Company’s reportable regions consist of the United States, Canada, Americas excluding the United States and Canada, Europe and Asia Pacific and Japan. The European region includes European countries as well as the Middle East and Africa. Revenues by geography for the years ended December 31, were (in thousands): 2015 2014 2013 United States $ 682,293 $ 514,803 $ 466,670 Canada 55,562 63,037 60,980 Americas, excluding United States and Canada 22,186 15,745 16,760 United Kingdom 107,081 99,163 97,079 Europe, excluding United Kingdom 68,347 49,929 51,561 Asia-Pacific and Japan 64,816 25,184 19,652 $ 1,000,285 $ 767,861 $ 712,702 Long-lived assets as of December 31, were (in thousands): 2015 2014 2013 United States $ 64,141 $ 60,373 $ 62,577 Canada 5,493 6,376 6,881 Americas, excluding United States and Canada 1,301 1,499 66 Europe 4,336 10,204 9,426 Asia-Pacific and Japan 5,715 4,738 5,078 $ 80,986 $ 83,190 $ 84,028 Revenues by product group for the years ended December 31, were (in thousands): 2015 2014 2013 Portfolio management/accounting $ 918,888 $ 691,915 $ 640,075 Trading/treasury operations 31,992 32,705 32,949 Financial modeling 9,078 8,664 8,366 Loan management/accounting 14,205 8,382 6,683 Property management 16,176 15,217 14,622 Money market processing 8,677 9,421 8,279 Training 1,269 1,557 1,728 $ 1,000,285 $ 767,861 $ 712,702

Selected Quarterly Financial Da

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Data (Unaudited)	Note 14—Selected Quarterly Financial Data (Unaudited) Unaudited quarterly results for 2015 and 2014 were: First Second Third Fourth Quarter Quarter Quarter (1) Quarter (In thousands, except per share data) 2015 Revenue $ 205,735 $ 212,768 $ 280,894 $ 300,888 Gross profit 93,428 103,265 129,030 142,212 Operating income 43,133 58,351 14,952 48,302 Net income (loss) 26,246 39,128 (34,610 ) 12,098 Basic earnings (loss) per share $ 0.31 $ 0.46 $ (0.36 ) $ 0.12 Diluted earnings (loss) per share $ 0.30 $ 0.44 $ (0.36 ) $ 0.12 (1) During the third quarter of 2015, the Company recognized a loss on extinguishment of debt of $30.4 million and professional fees of $13.5 million associated with the Company’s acquisition of Advent, both of which decreased net income for the period. First Second Third Fourth Quarter Quarter Quarter Quarter (In thousands, except per share data) 2014 Revenue $ 185,810 $ 188,722 $ 192,598 $ 200,731 Gross profit 84,311 86,489 91,215 95,115 Operating income 47,025 45,389 54,363 53,595 Net income 26,448 27,245 40,827 36,607 Basic earnings per share $ 0.32 $ 0.33 $ 0.49 $ 0.44 Diluted earnings per share $ 0.30 $ 0.31 $ 0.47 $ 0.42

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Event	Note 15—Subsequent Event Dividend declared. On February 24, 2016, the Company’s Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock payable on March 15, 2016 to stockholders of record as of the close of business on March 7, 2016.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates are used for, but not limited to, collectability of accounts receivable, costs to complete certain contracts, valuation of acquired assets and liabilities, valuation of stock options, income tax accruals and the value of deferred tax assets. Estimates are also used to determine the remaining economic lives and carrying value of fixed assets, goodwill and intangible assets. Actual results could differ from those estimates.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its subsidiaries. All significant accounts, transactions and profits between the consolidated companies have been eliminated in consolidation. Unconsolidated investments in entities over which the Company does not have control but has the ability to exercise influence over operating and financial policies, if any, are accounted for under the equity method of accounting. Earnings and losses from such investments are recorded on a pre-tax basis, if any.
Reclassifications	Reclassifications In connection with the acquisition of Advent and the related increase in term license revenues, the Company condensed its presentation of revenues on its Consolidated Statements of Comprehensive Income to illustrate its two types of revenue streams: recurring revenues and non-recurring revenues. Recurring revenues consist of software-enabled services and maintenance and term licenses. Non-recurring revenues consist of professional services and perpetual licenses. The Company’s prior presentation required that revenues from term license agreements be allocated between license revenue and maintenance revenue, with the license portion being reported together with revenue from perpetual license agreements as “Software licenses”, and the maintenance portion being reported together with maintenance revenue related to perpetual licenses as “Maintenance”. The Company reclassified $10.0 million and $9.5 million from “Software licenses” to “Maintenance and term licenses” for the years ended December 31, 2014 and 2013, respectively. In connection with the reclassification of revenues, the Company reclassified the related costs of revenues, which were immaterial. The revised presentation better illustrates the nature of the Company’s revenues and costs of revenues by indicating the recurring nature of the license portion of revenue from maintenance and term license agreements. The Company has not changed its accounting methods for revenue recognition.
Revenue Recognition	Revenue Recognition The Company’s payment terms for software licenses typically require that the total fee be paid upon signing of the contract. Maintenance services are typically due in full at the beginning of the maintenance period. Professional services and software-enabled services are typically due and payable monthly in arrears. Normally, the Company’s arrangements do not provide for any refund rights, and payments are not contingent on specific milestones or customer acceptance conditions. For arrangements that do contain such provisions, the Company defers revenue until the rights or conditions have expired or have been met. Unbilled accounts receivable primarily relates to professional services and software-enabled services revenue that has been earned as of month end but is not invoiced until the subsequent month, and to software license revenue that has been earned and is realizable but not invoiced to clients until future dates specified in the client contract. Deferred revenue consists of payments received related to product delivery, maintenance and other services, which have been paid by customers prior to the recognition of revenue. Deferred revenue relates primarily to cash received for maintenance contracts in advance of services being performed over the contractual term.
Software-enabled Services Revenue	Software-enabled Services Revenue The Company primarily offers software-enabled outsourcing services in which the Company utilizes its own software to offer comprehensive fund administration services for alternative investment managers, including fund manager services, transfer agency services, funds-of-funds services, tax processing and accounting. The Company also offers subscription-based on-demand software applications that are managed and hosted at our facilities. The software-enabled services arrangements provide an alternative for clients who do not wish to install, run and maintain complicated financial software. Under these arrangements, the client does not have the right to take possession of the software, rather, the Company agrees to provide access to its applications, remote use of its equipment to process transactions, access to client’s data stored on its equipment, and connectivity between its environment and the client’s computing systems. Software-enabled services are generally provided under non-cancelable contracts with initial terms of one to five years that require monthly or quarterly payments, and are subject to automatic annual renewal at the end of the initial term unless terminated by either party. The Company recognizes software-enabled services revenues on a monthly basis as the software-enabled services are provided and when pervasive evidence of an arrangement exists, the price is fixed or determinable and collectability is reasonably assured. The Company does not recognize any revenue before services are performed. Certain contracts contain additional fees for increases in market value, pricing and trading activity. Revenues related to these additional fees are recognized in the month in which the activity occurs based upon the Company’s summarization of account information and trading volume.
Perpetual Licenses Revenue	Maintenance and Term Licenses Revenue Agreements Maintenance agreements generally require the Company to provide technical support and software updates (on a when-and-if-available basis) to its clients. Such services are generally provided under one-year renewable contracts. Maintenance revenues are recognized ratably over the term of the maintenance agreement. The Company also sells term licenses ranging from one to seven years, many of which include bundled maintenance services. For those arrangements with bundled maintenance services, VSOE does not exist for the maintenance element and therefore the total fee is recognized ratably over the contractual term of the arrangement. Perpetual Licenses Revenue The Company follows the principles of accounting standards relating to software revenue recognition, which provide guidance on applying GAAP in recognizing revenue on software transactions. Accounting standards require that revenue recognized from software transactions be allocated to each element of the transaction based on the relative fair values of the elements, such as software products, specified upgrades, enhancements, post-contract client support, installation or training. The determination of fair value is based upon vendor-specific objective evidence (“VSOE”). The Company recognizes perpetual licenses revenues allocated to software products and enhancements generally upon delivery of each of the related products or enhancements, assuming all other revenue recognition criteria are met. In the rare occasion that a perpetual license agreement includes the right to a specified upgrade or product, the Company defers all revenues under the arrangement until the specified upgrade or product is delivered, since typically VSOE does not exist to support the fair value of the specified upgrade or product. The Company generally recognizes revenue from sales of software or products including proprietary software upon product shipment and receipt of a signed contract, provided that collection is probable and all other revenue recognition criteria are met. The Company sells perpetual software licenses in conjunction with professional services for installation and maintenance. For these arrangements, the total contract value is attributed first to the maintenance arrangement based on its fair value, which is derived from stated renewal rates. The contract value is then attributed to professional services based on estimated fair value, which is derived from the rates charged for similar services provided on a stand-alone basis. The Company’s software license agreements generally do not require significant modification or customization of the underlying software, and, accordingly, implementation services provided by the Company are not considered essential to the functionality of the software. The remainder of the total contract value is then attributed to the software license based on the residual method. The Company occasionally enters into license agreements requiring significant customization of the Company’s software. The Company accounts for the license fees under these agreements on the percentage-of-completion basis. This method requires estimates to be made for costs to complete the agreement utilizing an estimate of development man-hours remaining. Revenue is recognized each period based on the hours incurred to date compared to the total hours expected to complete the project. Due to uncertainties inherent in the estimation process, it is at least reasonably possible that completion costs may be revised. Such revisions are recognized in the period in which the revisions are determined. Provisions for estimated losses on uncompleted contracts are determined on a contract-by-contract basis, and are made in the period in which such losses are first estimated or determined.
Maintenance and Term Licenses Revenue Agreements	Maintenance and Term Licenses Revenue Agreements Maintenance agreements generally require the Company to provide technical support and software updates (on a when-and-if-available basis) to its clients. Such services are generally provided under one-year renewable contracts. Maintenance revenues are recognized ratably over the term of the maintenance agreement. The Company also sells term licenses ranging from one to seven years, many of which include bundled maintenance services. For those arrangements with bundled maintenance services, VSOE does not exist for the maintenance element and therefore the total fee is recognized ratably over the contractual term of the arrangement.
Professional Services Revenue	Professional Services Revenue The Company provides consulting and training services to its clients. Revenues for such services are generally recognized over the period during which the services are performed. The Company typically charges for professional services on a time-and-materials basis. However, some contracts are for a fixed fee. For the fixed-fee arrangements, an estimate is made of the total hours expected to be incurred to complete the project. Due to uncertainties inherent in the estimation process, it is at least reasonably possible that completion costs may be revised. Such revisions are recognized in the period in which the revisions are determined. Revenues are recognized each period based on the hours incurred to date compared to the total hours expected to complete the project.
Research and Development	Research and Development Research and development costs associated with computer software are charged to expense as incurred. Capitalization of internally developed computer software costs begins upon the establishment of technological feasibility based on a working model. Net capitalized software costs of $4.7 million and $4.2 million are included in the December 31, 2015 and 2014 balance sheets, respectively, under “Intangible and other assets”. The Company’s policy is to amortize these costs upon a product’s general release to the client. Amortization of capitalized software costs is calculated by the greater of (a) the ratio that current gross revenues for a product bear to the total of current and anticipated future gross revenues for that product or (b) the straight-line method over the remaining estimated economic life of the product, including the period being reported on, typically two to five years. It is reasonably possible that those estimates of anticipated future gross revenues, the remaining estimated economic life of the product, or both could be reduced significantly due to competitive pressures. Amortization expense related to capitalized software development costs was $2.4 million, $1.8 million, and $1.0 million for each of the years ended December 31, 2015, 2014, and 2013, respectively.
Stock-based Compensation	Stock-based Compensation Using the fair value recognition provisions of relevant accounting literature, stock-based compensation cost is measured at the grant date based on the estimated fair value of the award and is recognized as expense over the appropriate service period. Determining the fair value of stock-based awards requires considerable judgment, including estimating the expected term of stock options, expected volatility of the Company’s stock price, and the number of awards expected to be forfeited. Differences between actual results and these estimates could have a material effect on the Company’s financial results. A deferred income tax asset is recorded over the vesting period as stock compensation expense is recorded for non-qualified option awards. The realizability of the deferred tax asset is ultimately based on the actual value of the stock-based award upon exercise. If the actual value is lower than the fair value determined on the date of grant, then there could be an income tax expense for the portion of the deferred tax asset that is not realizable.
Other Income , Net	Other Income, Net Other income, net for 2015 consists primarily of foreign currency transaction gains of $3.4 million and the liquidation of an investment. Other income, net for 2014 consists primarily of foreign currency transaction gains of $2.9 million. The gains were partially offset by an increase of $0.4 million to the contingent consideration liability for the acquisition of Prime Management Limited (“Prime”). Other income, net for 2013 consists primarily of foreign currency transaction gains of $3.4 million.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with the relevant accounting literature. An asset and liability approach is used to recognize deferred tax assets and liabilities for the future tax consequences of items that are recognized in the Company’s financial statements and tax returns in different years. A valuation allowance is established against net deferred tax assets if, based on the weight of available evidence, it is more likely than not that some or all of the net deferred tax assets will not be realized. The Company accounts for uncertain tax positions using a two-step approach. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount which is more than 50% likely of being realized upon ultimate settlement. The Company considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately forecast actual outcomes.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid marketable securities with original maturities of three months or less at the date of acquisition to be cash equivalents. The Company held $303.1 million in cash equivalents at December 31, 2015 and did not hold any cash equivalents at December 31, 2014.
Restricted Cash	Restricted Cash Restricted cash includes monies held by a bank as security for letters of credit issued due to lease requirements for office space. The letters of credit are expected to be renewed within the next twelve months, and as such, the restricted cash is classified as a current asset on the Consolidated Balance Sheet. Additionally, movements of restricted cash are included in other investing activities on the Consolidated Statement of Cash Flows.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost. Depreciation of property, plant and equipment is calculated using a combination of straight-line and accelerated methods over the estimated useful lives of the assets as follows: Description Useful Life Land — Buildings and improvements 40 years Equipment and software 3-5 years Furniture and fixtures 7-10 years Leasehold improvements Shorter of lease term or estimated useful life Depreciation expense for the years ended December 31, 2015, 2014 and 2013 was $18.9 million, $14.3 million and $14.7 million, respectively. Maintenance and repairs are expensed as incurred. The costs of sold or retired assets are removed from the related asset and accumulated depreciation accounts and any gain or loss is included in other income (expense), net.
Goodwill and Intangible Assets	Goodwill and Intangible Assets The Company tests goodwill annually for impairment as of December 31st (and in interim periods if certain events occur or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount). The Company has completed the required impairment tests for goodwill and has determined that no impairment existed as of December 31, 2015 or 2014. The first step of the impairment analysis, which is based on our reporting unit structure, indicated that the fair value significantly exceeded the carrying value at December 31, 2015. There were no other indefinite-lived intangible assets as of December 31, 2015 or 2014. The following table summarizes changes in goodwill (in thousands): Balance at December 31, 2013 $ 1,541,386 2014 acquisition 66,511 Effect of foreign currency translation (34,670 ) Balance at December 31, 2014 1,573,227 2015 acquisitions 2,031,451 Adjustments to prior acquisitions (67 ) Effect of foreign currency translation (55,399 ) Balance at December 31, 2015 $ 3,549,212 Customer relationships, completed technology and other identifiable intangible assets are amortized over lives ranging from three to 17 years based on the ratio that current cash flows for the intangible asset bear to the total of current and expected future cash flows for the intangible asset. Amortization expense associated with customer relationships, completed technology and other amortizable intangible assets was $129.5 million, $83.7 million and $84.1 million for the years ended December 31, 2015, 2014 and 2013, respectively. A summary of the components of intangible assets is as follows (in thousands): December 31, 2015 2014 Customer relationships $ 1,459,550 $ 604,638 Completed technology 497,030 154,043 Trade names 61,573 39,876 Other 2,680 2,774 2,020,833 801,331 Less: accumulated amortization (530,792 ) (412,897 ) $ 1,490,041 $ 388,434 Total estimated amortization expense, related to intangible assets, for each of the next five years, as of December 31, 2015, is expected to approximate (in thousands): Year Ending December 31, 2016 $ 192,618 2017 185,093 2018 180,220 2019 164,541 2020 154,122 $ 876,594
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company evaluates the recoverability of its long-lived assets when there is evidence that events or changes in circumstances have made recovery of the assets’ carrying value unlikely. An impairment loss would be recognized when the sum of the expected future undiscounted net cash flows is less than the carrying amount of the asset. The Company has identified no such impairment losses in the years ended December 31, 2015 and 2014.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of cash, cash equivalents, marketable securities, and trade receivables. The Company has cash investment policies that limit investments to investment grade securities. Concentrations of credit risk, with respect to trade receivables, are limited due to the fact that the Company’s client base is highly diversified. As of December 31, 2015 and 2014, the Company had no significant concentrations of credit.
International Operations and Foreign Currency	International Operations and Foreign Currency The functional currency of each foreign subsidiary is generally the local currency. Accordingly, assets and liabilities of foreign subsidiaries are translated to U.S. dollars at period-end exchange rates, and capital stock accounts are translated at historical rates. Revenues and expenses are translated using the average rates during the period. The resulting translation adjustments are excluded from net earnings and accumulated as a separate component of stockholders’ equity. Foreign currency transaction gains and losses are included within other income (expense) in the results of operations in the periods in which they occur.
Comprehensive Income	Comprehensive Income Items defined as comprehensive income, such as foreign currency translation adjustments, are separately classified in the financial statements. The accumulated balance of other comprehensive income is reported separately from retained earnings and additional paid-in capital in the equity section of the Consolidated Balance Sheet. Total comprehensive income consists of net income and other accumulated comprehensive income disclosed in the equity section of the Consolidated Balance Sheet.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In November 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-17, Income Taxes: Balance Sheet Classification of Deferred Taxes In September 2015, the FASB issued ASU No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments In connection with the Company’s early adoption of this standard in the period ended December 31, 2015, the Company made certain immaterial measurement period adjustments related to acquisitions during the year ended December 31, 2015. The impact of the adoption did not have a material impact on its financial statements. In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers
Basic and Diluted Earnings per Share	Basic and Diluted Earnings per Share Earnings per share (“EPS”) is calculated in accordance with the relevant standards. Basic EPS includes no dilution and is computed by dividing income available to the Company’s common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net income by the weighted average number of common and common equivalent shares outstanding during the period. Common equivalent shares consist of stock options, stock appreciation rights (“SARs”) and restricted stock units (“RSUs”) and restricted stock awards (“RSAs”) using the treasury stock method. Common equivalent shares are excluded from the computation of diluted earnings per share if the effect of including such common equivalent shares is anti-dilutive because their total assumed proceeds exceed the average fair value of common stock for the period. The Company has two classes of common stock, each with identical participation rights to earnings and liquidation preferences, and therefore the calculation of EPS as described above is identical to the calculation under the two-class method. The following table sets forth the weighted average common shares used in the computation of basic and diluted EPS (in thousands): Year Ended December 31, 2015 2014 2013 Weighted average common shares outstanding — used in calculation of basic EPS 91,098 83,314 81,195 Weighted average common stock equivalents 4,350 4,017 4,421 Weighted average common and common equivalent shares outstanding — used in calculation of diluted EPS 95,448 87,331 85,616 Weighted average stock options, SARs, RSUs and RSAs representing 3,500,828, 1,841,840 and 133,598 shares were outstanding for the years ended December 31, 2015, 2014 and 2013, respectively, but were not included in the computation of diluted EPS because the effect of including them would be anti-dilutive.

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Estimated Useful Lives of the Assets	Depreciation of property, plant and equipment is calculated using a combination of straight-line and accelerated methods over the estimated useful lives of the assets as follows: Description Useful Life Land — Buildings and improvements 40 years Equipment and software 3-5 years Furniture and fixtures 7-10 years Leasehold improvements Shorter of lease term or estimated useful life
Summary of Changes in Goodwill	The following table summarizes changes in goodwill (in thousands): Balance at December 31, 2013 $ 1,541,386 2014 acquisition 66,511 Effect of foreign currency translation (34,670 ) Balance at December 31, 2014 1,573,227 2015 acquisitions 2,031,451 Adjustments to prior acquisitions (67 ) Effect of foreign currency translation (55,399 ) Balance at December 31, 2015 $ 3,549,212
Summary of the Components of Intangible Assets	A summary of the components of intangible assets is as follows (in thousands): December 31, 2015 2014 Customer relationships $ 1,459,550 $ 604,638 Completed technology 497,030 154,043 Trade names 61,573 39,876 Other 2,680 2,774 2,020,833 801,331 Less: accumulated amortization (530,792 ) (412,897 ) $ 1,490,041 $ 388,434
Schedule of Estimated Amortization Expense, Related to Intangible Assets	Total estimated amortization expense, related to intangible assets, for each of the next five years, as of December 31, 2015, is expected to approximate (in thousands): Year Ending December 31, 2016 $ 192,618 2017 185,093 2018 180,220 2019 164,541 2020 154,122 $ 876,594
Computation of Basic and Diluted EPS	The following table sets forth the weighted average common shares used in the computation of basic and diluted EPS (in thousands): Year Ended December 31, 2015 2014 2013 Weighted average common shares outstanding — used in calculation of basic EPS 91,098 83,314 81,195 Weighted average common stock equivalents 4,350 4,017 4,421 Weighted average common and common equivalent shares outstanding — used in calculation of diluted EPS 95,448 87,331 85,616

Accounts Receivable, net (Table

Accounts Receivable, net (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Summary of Accounts Receivable	Accounts receivable are as follows (in thousands): December 31, 2015 2014 Accounts receivable $ 130,394 $ 58,223 Unbilled accounts receivable 42,514 38,377 Allowance for doubtful accounts (2,957 ) (2,241 ) Total accounts receivable, net $ 169,951 $ 94,359
Schedule of Allowance for Doubtful Accounts	The following table represents the activity for the allowance for doubtful accounts during the years ended December 31, 2015, 2014 and 2013 (in thousands): Year Ended December 31, Allowance for Doubtful Accounts: 2015 2014 2013 Balance at beginning of period $ 2,241 $ 2,500 $ 2,359 Charge to costs and expenses 1,137 610 666 Write-offs, net of recoveries (273 ) (785 ) (510 ) Other adjustments (148 ) (84 ) (15 ) Balance at end of period $ 2,957 $ 2,241 $ 2,500

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Summary of Quarterly Share Repurchases	The following table summarizes information about quarterly share repurchases: Fiscal 2014 Price Range Quarter Shares High Low First 90,226 $ 39.99 $ 38.06 Second 95,800 44.48 39.04 Third 88,700 43.95 42.72 Fourth — — — Total 274,726 44.48 38.06

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Sources of Income Before Income Taxes	The sources of income before income taxes were as follows (in thousands): Year Ended December 31, 2015 2014 2013 U.S. $ 15,897 $ 124,032 $ 90,332 Foreign 44,945 53,622 54,855 Income before income taxes $ 60,842 $ 177,654 $ 145,187
Component of Income Tax Provision	The income tax provision consists of the following (in thousands): Year Ended December 31, 2015 2014 2013 Current: Federal $ 36,345 $ 36,205 $ 24,604 Foreign 15,204 13,603 6,339 State 6,237 10,302 6,532 Total 57,786 60,110 37,475 Deferred: Federal (25,083 ) (9,697 ) (6,986 ) Foreign (9,367 ) (5,318 ) (987 ) State (5,356 ) 1,432 (2,210 ) Total (39,806 ) (13,583 ) (10,183 ) Total $ 17,980 $ 46,527 $ 27,292
Summary of Reconciliation Between Expected Tax Expense and Actual Tax Provision	The reconciliation between the expected tax expense and the actual tax provision is computed by applying the U.S. federal corporate income tax rate of 35% to income before income taxes as follows (in thousands): Year Ended December 31, 2015 2014 2013 Computed “expected” tax expense $ 21,295 $ 62,179 $ 50,816 Increase (decrease) in income tax expense resulting from: State income taxes (net of federal income tax benefit) 2,656 7,217 2,621 Foreign operations (11,281 ) (26,232 ) (17,942 ) Rate change impact on tax liabilities (1,021 ) — (2,679 ) Effect of valuation allowance 3,242 1,351 785 Uncertain tax positions 3,903 3,933 (2,661 ) Tax credits (3,493 ) (993 ) (3,325 ) Non-deductible transaction costs 2,354 — — Other 325 (928 ) (323 ) Provision for income taxes $ 17,980 $ 46,527 $ 27,292
Components of Deferred Income Taxes	The components of deferred income taxes at December 31, 2015 and 2014 are as follows (in thousands): 2015 2014 Deferred Deferred Deferred Deferred Tax Tax Tax Tax Assets Liabilities Assets Liabilities Tax credit carryforwards $ 31,257 $ — $ 4,771 $ — Deferred compensation 23,625 — 13,956 — Net operating loss carryforwards 23,249 — 11,788 — Accrued expenses 9,589 — 4,236 — Property and equipment 1,766 — — 3,031 Impaired investment interest 846 — 842 — Other 773 — — 209 Customer relationships — 390,348 — 71,557 Acquired technology — 125,022 — 5,295 Other intangible assets — 26,520 — 29,403 Deferred revenue — 20,689 — 174 Trade names — 12,379 — 5,772 Unremitted foreign earnings — 5,502 — 5,709 Total 91,105 580,460 35,593 121,150 Valuation allowance (18,020 ) — (12,619 ) — Total $ 73,085 $ 580,460 $ 22,974 $ 121,150
Summary of Activity Related to Company's Unrecognized Tax Benefits	The following table summarizes the activity related to the Company’s unrecognized tax benefits for the years ended December 31, 2015 and 2014 (in thousands): Balance at January 1, 2014 $ 7,640 Increases related to current year tax positions 3,668 Decreases related to prior tax positions (68 ) Increases related to acquired tax positions 4,606 Lapse in statute of limitation — Foreign exchange translation adjustment (189 ) Balance at December 31, 2014 15,657 Increases related to current year tax positions 4,880 Increases related to prior tax positions 1,179 Increases related to acquired tax positions 37,456 Settlements (2,883 ) Lapse in statute of limitation (60 ) Foreign exchange translation adjustment (489 ) Balance at December 31, 2015 $ 55,740

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Component of Debt	At December 31, 2015 and 2014, debt consisted of the following (in thousands): December 31, 2015 2014 Senior secured credit facilities, weighted-average interest rate of 3.94% $ 2,220,000 $ — 5.875% senior notes due 2023 600,000 — Prior facility, weighted-average interest rate of 2.93% — 645,000 Unamortized original issue discount and debt issuance costs (68,649 ) (25,262 ) 2,751,351 619,738 Less current portion of long-term debt 32,281 20,470 Long-term debt $ 2,719,070 $ 599,268
Schedule of Annual Maturities of Long-Term Debt During Next Five Years and Thereafter	At December 31, 2015, annual maturities of long-term debt during the next five years and thereafter are as follows (in thousands): Year ending December 31, 2016 $ 32,281 2017 35,405 2018 44,781 2019 44,781 2020 and thereafter 2,662,752 $ 2,820,000

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of Carrying Amounts and Fair Values of Financial Instruments	The carrying amounts and fair values of financial instruments are as follows (in thousands): December 31, 2015 December 31, 2014 Carrying Fair Carrying Fair Amount Value Amount Value Financial liabilities: Senior secured credit facilities $ 2,220,000 $ 2,202,105 $ — $ — 5.875% senior notes due 2023 600,000 616,500 — — Prior facility — — 645,000 641,141

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Schedule of Future Minimum Lease Payments under Company's Operating Leases, Excluding Future Sublease Income	Future minimum lease payments under the Company’s operating leases, excluding future sublease income, as of December 31, 2015, are as follows (in thousands): Year Ending December 31, 2016 $ 30,470 2017 28,446 2018 25,725 2019 22,254 2020 and thereafter 87,802 $ 194,697
Schedule of Future Minimum Lease Receipts under these Leases	Future minimum lease receipts under these leases as of December 31, 2015 are as follows (in thousands): Year Ending December 31, 2016 $ 1,798 2017 1,828 2018 1,764 2019 1,273 2020 and thereafter 1,632 $ 8,295

Stock-based Compensation (Table

Stock-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Weighted-Average Assumptions Using Black-Scholes Option-Pricing Model	For the time-based options valued using the Black-Scholes option-pricing model, the Company used the following weighted-average assumptions: Time-Based awards 2015 2014 2013 Expected term to exercise (years) 4.0 4.0 4.0 Expected volatility 26.63 % 29.04 % 28.04 % Risk-free interest rate 1.42 % 1.36 % 1.16 % Expected dividend yield 0.74 % 0.84 % 0 %
Schedule of Stock-Based Compensation Expense Recognized	Total stock options, SARs, RSUs and RSAs. The amount of stock-based compensation expense recognized in the Company’s Consolidated Statements of Comprehensive Income for the years ended December 31, 2015, 2014 and 2013 was as follows (in thousands): 2015 2014 (1) 2013 (1) Statement of Comprehensive Income Classification Options, SARs RSUs RSAs Total Options, SARs RSAs Total Options, SARs RSAs Total Cost of software-enabled services $ 6,460 $ 372 $ 17 $ 6,849 $ 3,940 $ — $ 3,940 $ 2,925 $ — $ 2,925 Cost of maintenance and term licenses 1,022 366 — 1,388 282 — 282 273 — 273 Cost of recurring revenues 7,482 738 17 8,237 4,222 — 4,222 3,198 — 3,198 Cost of professional services 1,166 222 — 1,388 443 — 443 338 — 338 Cost of non-recurring revenues 1,166 222 — 1,388 443 — 443 338 — 338 Total cost of revenues 8,648 960 17 9,625 4,665 — 4,665 3,536 — 3,536 Selling and marketing (2) 10,637 3,806 222 14,665 2,043 222 2,265 1,385 90 1,475 Research and development 5,676 2,912 — 8,588 1,165 — 1,165 901 — 901 General and administrative 8,270 2,931 — 11,201 3,388 — 3,388 2,331 143 2,474 Total operating expenses 24,583 9,649 222 34,454 6,596 222 6,818 4,617 233 4,850 Total stock-based compensation expense $ 33,231 $ 10,609 $ 239 $ 44,079 $ 11,261 $ 222 $ 11,483 $ 8,153 $ 233 $ 8,386 (1) There was no stock-based compensation expense associated with RSUs in 2014 and 2013. (2) For the year ended December 31, 2013, includes stock-based compensation expense of $0.1 million associated with restricted Class A stock. At December 31, 2013, there was no unearned non-cash stock based compensation related to the RSAs.
Summary of Stock Option Activity	The following table summarizes stock option and SAR activity as of and for the years ended December 31, 2015, 2014 and 2013: Weighted Average Shares Exercise Price Outstanding at December 31, 2012 13,411,130 $ 12.47 Granted(1) 2,024,170 40.81 Cancelled/forfeited (332,327 ) 20.27 Exercised (3,587,331 ) 7.75 Outstanding at December 31, 2013 11,515,642 18.70 Granted(2) 2,198,825 55.74 Cancelled/forfeited (203,586 ) 30.51 Exercised (1,790,233 ) 13.47 Outstanding at December 31, 2014 11,720,648 26.24 Equity awards assumed from Advent 2,480,953 50.27 Granted(3) 3,818,295 67.91 Cancelled/forfeited (630,844 ) 50.50 Exercised (2,249,870 ) 15.45 Outstanding at December 31, 2015 15,139,182 41.28 (1) Of the grants during 2013, 1,798,420 were granted under the 2008 Plan and 225,750 were granted under the 2006 Plan. (2) Of the grants during 2014, 450,000 were granted under the 2014 Plan, 1,632,825 were granted under the 2008 Plan and 116,000 were granted under the 2006 Plan. (3) Of the grants during 2015, 515,000 were granted under the 2014 Plan, 2,739,845 were granted under the 2008 Plan and 563,450 were granted under the 2006 Plan.
Summary of Stock Options Outstanding that are Expected to Vest and Stock Options Outstanding that are Exercisable	The following table summarizes information about stock options outstanding that are expected to vest and stock options outstanding that are exercisable at December 31, 2015: Outstanding, Vested Options Currently Exercisable Outstanding Options Expected to Vest Weighted Weighted Weighted Average Weighted Average Average Aggregate Remaining Average Aggregate Remaining Exercise Intrinsic Contractual Exercise Intrinsic Contractual Shares Price Value Term Shares Price Value Term (In thousands) (Years) (In thousands) (Years) 6,788,912 $ 21.20 $ 319,682 4.66 8,350,270 $ 57.61 $ 89,728 9.12
Restricted Stock Units (RSUs) [Member]
Summary of Stock Option Activity	The following table summarizes RSU activity as of and for the year ended December 31, 2015 is as follows (in thousands): Number Outstanding at January 1, 2015 — Equity awards assumed from Advent 660,017 Granted 10,395 Cancelled/forfeited (69,194 ) Vested (122,492 ) Outstanding at December 31, 2015 478,726

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Summary of Allocation of Purchase Price for Acquisitions of Acquiree	The following summarizes the allocation of the purchase price for the acquisitions of Primatics, Varden, Advent and DSTGS (in thousands): Primatics Varden Advent DSTGS Accounts receivable $ 9,337 $ 1,186 $ 57,326 $ 8,866 Fixed assets 2,956 26 15,898 2,074 Other assets 3,439 — 20,510 3,392 Acquired client relationships and contracts 36,980 9,000 823,000 17,200 Completed technology 33,900 3,700 311,000 34,200 Trade names 4,100 300 18,000 4,300 Non-compete agreements — 100 — — Goodwill 61,685 12,925 1,956,841 66,444 Deferred revenue (5,330 ) (835 ) (90,126 ) (10,185 ) Deferred income taxes (24,943 ) — (424,489 ) (11,626 ) Other liabilities assumed (6,943 ) (3,268 ) (91,428 ) (19,703 ) Consideration paid, net of cash acquired $ 115,181 $ 23,134 $ 2,596,532 $ 94,962
Summary of Unaudited Pro Forma Information	The following unaudited pro forma condensed consolidated results of operations are provided for illustrative purposes only and assume that the acquisitions of Primatics, Varden and Advent occurred on January 1, 2014 and DSTGS occurred on January 1, 2013. This unaudited pro forma information (in thousands, except per share data) should not be relied upon as being indicative of the historical results that would have been obtained if the acquisitions had actually occurred on that date, nor of the results that may be obtained in the future. 2015 2014 Revenues $ 1,303,843 $ 1,208,148 Net income (loss) $ 43,772 $ (49,718 ) Basic EPS $ 0.48 $ (0.60 ) Basic weighted average number of common shares outstanding 91,098 83,314 Diluted EPS $ 0.46 $ (0.60 ) Diluted weighted average number of common and common equivalent shares outstanding 95,448 83,314

Product and Geographic Sales 33

Product and Geographic Sales Information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment Reporting [Abstract]
Summary of Revenues by Geography	Revenues by geography for the years ended December 31, were (in thousands): 2015 2014 2013 United States $ 682,293 $ 514,803 $ 466,670 Canada 55,562 63,037 60,980 Americas, excluding United States and Canada 22,186 15,745 16,760 United Kingdom 107,081 99,163 97,079 Europe, excluding United Kingdom 68,347 49,929 51,561 Asia-Pacific and Japan 64,816 25,184 19,652 $ 1,000,285 $ 767,861 $ 712,702
Summary of Long-lived Assets	Long-lived assets as of December 31, were (in thousands): 2015 2014 2013 United States $ 64,141 $ 60,373 $ 62,577 Canada 5,493 6,376 6,881 Americas, excluding United States and Canada 1,301 1,499 66 Europe 4,336 10,204 9,426 Asia-Pacific and Japan 5,715 4,738 5,078 $ 80,986 $ 83,190 $ 84,028
Summary of Revenues by Product Group	Revenues by product group for the years ended December 31, were (in thousands): 2015 2014 2013 Portfolio management/accounting $ 918,888 $ 691,915 $ 640,075 Trading/treasury operations 31,992 32,705 32,949 Financial modeling 9,078 8,664 8,366 Loan management/accounting 14,205 8,382 6,683 Property management 16,176 15,217 14,622 Money market processing 8,677 9,421 8,279 Training 1,269 1,557 1,728 $ 1,000,285 $ 767,861 $ 712,702

Selected Quarterly Financial 34

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Summary of Unaudited Quarterly Results	Unaudited quarterly results for 2015 and 2014 were: First Second Third Fourth Quarter Quarter Quarter (1) Quarter (In thousands, except per share data) 2015 Revenue $ 205,735 $ 212,768 $ 280,894 $ 300,888 Gross profit 93,428 103,265 129,030 142,212 Operating income 43,133 58,351 14,952 48,302 Net income (loss) 26,246 39,128 (34,610 ) 12,098 Basic earnings (loss) per share $ 0.31 $ 0.46 $ (0.36 ) $ 0.12 Diluted earnings (loss) per share $ 0.30 $ 0.44 $ (0.36 ) $ 0.12 (1) During the third quarter of 2015, the Company recognized a loss on extinguishment of debt of $30.4 million and professional fees of $13.5 million associated with the Company’s acquisition of Advent, both of which decreased net income for the period. First Second Third Fourth Quarter Quarter Quarter Quarter (In thousands, except per share data) 2014 Revenue $ 185,810 $ 188,722 $ 192,598 $ 200,731 Gross profit 84,311 86,489 91,215 95,115 Operating income 47,025 45,389 54,363 53,595 Net income 26,448 27,245 40,827 36,607 Basic earnings per share $ 0.32 $ 0.33 $ 0.49 $ 0.44 Diluted earnings per share $ 0.30 $ 0.31 $ 0.47 $ 0.42

Organization - Additional Infor

Organization - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015PortfolioMarket
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Company's products and software-enabled services | Portfolio	90
Number of vertical markets in which company provides its products and related services | Market	8

Summary of Significant Accoun36

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounting Policies [Line Items]
Reclassification of software licenses to maintenance and term licenses	$ 19,200,000		$ 10,000,000	$ 9,500,000
Maintenance agreements renewal period		1 year
Net capitalized software costs		$ 4,700,000	4,200,000
Amortization expense related to capitalized software development costs		2,400,000	1,800,000	1,000,000
Foreign currency transaction gains		3,400,000	2,900,000
Other income (charges) relating to the contingent liability		$ 3,878,000	2,754,000	3,498,000
Cash equivalents, maturity period		3 months
Cash equivalents		$ 303,100,000	0
Depreciation expense		18,900,000	14,300,000	$ 14,700,000
Goodwill impairment loss		0	0
Indefinite lived intangible assets		0	0
Impairment of long-lived assets held for use		0	0
Concentration of credit risk		$ 0	$ 0
Deferred financing fees recorded to reduce in long-tem debt	$ 55,800,000
Stock Options [Member]
Accounting Policies [Line Items]
Options to purchase shares outstanding		3,500,828	1,841,840	133,598
Prime [Member]
Accounting Policies [Line Items]
Increase (reduction) in contingent consideration liability			$ 400,000
Completed Technology and Other [Member]
Accounting Policies [Line Items]
Amortization expense associated with completed technology and other amortizable intangible assets		$ 129,500,000	$ 83,700,000	$ 84,100,000
Minimum [Member]
Accounting Policies [Line Items]
Tax benefit realized upon settlement		50.00%
Minimum [Member] | Software Development [Member]
Accounting Policies [Line Items]
Completed technology and other identifiable intangible assets are amortized over lives		2 years
Minimum [Member] | Completed Technology and Other [Member]
Accounting Policies [Line Items]
Completed technology and other identifiable intangible assets are amortized over lives		3 years
Minimum [Member] | Software-enabled Services [Member]
Accounting Policies [Line Items]
Revenue recognition period		1 year
Minimum [Member] | Perpetual Licenses [Member]
Accounting Policies [Line Items]
Revenue recognition period		1 year
Maximum [Member] | Software Development [Member]
Accounting Policies [Line Items]
Completed technology and other identifiable intangible assets are amortized over lives		5 years
Maximum [Member] | Completed Technology and Other [Member]
Accounting Policies [Line Items]
Completed technology and other identifiable intangible assets are amortized over lives		17 years
Maximum [Member] | Software-enabled Services [Member]
Accounting Policies [Line Items]
Revenue recognition period		5 years
Maximum [Member] | Perpetual Licenses [Member]
Accounting Policies [Line Items]
Revenue recognition period		7 years

Summary of Significant Accoun37

Summary of Significant Accounting Policies - Summary of Estimated Useful Lives of the Assets (Detail)	12 Months Ended
	Dec. 31, 2015
Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Life	40 years
Equipment and Software [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Life	3 years
Equipment and Software [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Life	5 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Life	7 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Life	10 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	Shorter of lease term or estimated useful life

Summary of Significant Accoun38

Summary of Significant Accounting Policies - Summary of Changes in Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Beginning Balance	$ 1,573,227	$ 1,541,386
2014/2015 acquisitions	2,031,451	66,511
Adjustments to prior acquisitions	(67)
Effect of foreign currency translation	(55,399)	(34,670)
Ending Balance	$ 3,549,212	$ 1,573,227

Summary of Significant Accoun39

Summary of Significant Accounting Policies - Summary of the Components of Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross, Total	$ 2,020,833	$ 801,331
Less: accumulated amortization	(530,792)	(412,897)
Total of intangible assets, Net	1,490,041	388,434
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross, Total	1,459,550	604,638
Completed Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross, Total	497,030	154,043
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross, Total	61,573	39,876
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross, Total	$ 2,680	$ 2,774

Summary of Significant Accoun40

Summary of Significant Accounting Policies - Schedule of Estimated Amortization Expense, Related to Intangible Assets (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Finite Lived Intangible Assets Future Amortization Expense [Abstract]
2,016	$ 192,618
2,017	185,093
2,018	180,220
2,019	164,541
2,020	154,122
Total of amortization expense, related to intangible assets	$ 876,594

Summary of Significant Accoun41

Summary of Significant Accounting Policies - Computation of Basic and Diluted EPS (Detail) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Weighted Average Number Of Shares Outstanding Diluted Disclosure Items [Abstract]
Weighted average common shares outstanding - used in calculation of basic EPS	91,098	83,314	81,195
Weighted average common stock equivalents	4,350	4,017	4,421
Weighted average common and common equivalent shares outstanding - used in calculation of diluted EPS	95,448	87,331	85,616

Accounts Receivable, Net - Summ

Accounts Receivable, Net - Summary of Accounts Receivable (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Receivables [Abstract]
Accounts receivable	$ 130,394	$ 58,223
Unbilled accounts receivable	42,514	38,377
Allowance for doubtful accounts	(2,957)	(2,241)	$ (2,500)	$ (2,359)
Total accounts receivable, net	$ 169,951	$ 94,359

Accounts Receivable, Net - Sche

Accounts Receivable, Net - Schedule of Allowance for Doubtful Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Receivables [Abstract]
Balance at beginning of period	$ 2,241	$ 2,500	$ 2,359
Charge to costs and expenses	1,137	610	666
Write-offs, net of recoveries	(273)	(785)	(510)
Other adjustments	(148)	(84)	(15)
Balance at end of period	$ 2,957	$ 2,241	$ 2,500

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)	Feb. 24, 2016	Jun. 30, 2015	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2015	Nov. 30, 2014
Class of Stock [Line Items]
Proceeds from common stock issuance, net		$ 717,800,000				$ 717,802,000
Common stock, shares authorized						200,000,000	100,000,000		200,000,000
Quarterly cash dividend paid	$ 0.125					$ 0.50	$ 0.125
Dividend paid date	Mar. 15, 2016
Dividend record date	Mar. 7, 2016
Dividends paid on common stock						$ 45,451,000	$ 10,494,000
Number of common stock shares repurchased			88,700	95,800	90,226	0	274,726	23,900
Repurchase of common stock						$ 0	$ 11,223,000	$ 943,000
Maximum [Member]
Class of Stock [Line Items]
Amount authorized for share repurchase program										$ 200,000,000
First Quarter Dividend [Member]
Class of Stock [Line Items]
Quarterly cash dividend paid						$ 0.125
Dividend paid date						Mar. 16, 2015
Dividend record date						Mar. 2, 2015
Second Quarter Dividend [Member]
Class of Stock [Line Items]
Quarterly cash dividend paid						$ 0.125
Dividend paid date						Jun. 15, 2015
Dividend record date						Jun. 1, 2015
Third Quarter Dividend [Member]
Class of Stock [Line Items]
Quarterly cash dividend paid						$ 0.125
Dividend paid date						Sep. 15, 2015
Dividend record date						Sep. 1, 2015
Fourth Quarter Dividend [Member]
Class of Stock [Line Items]
Dividend paid date						Dec. 15, 2015
Dividend record date						Dec. 1, 2015
Common Stock [Member]
Class of Stock [Line Items]
Common stock shares issued		12,075,000				12,077,000		25,000
Common stock offering price		$ 61.50
Common Stock [Member] | Underwriters' Option [Member]
Class of Stock [Line Items]
Common stock shares issued		1,575,000

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Quarterly Share Repurchases (Detail) - $ / shares	3 Months Ended			12 Months Ended
	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Class of Stock [Line Items]
Number of common stock shares repurchased	88,700	95,800	90,226	0	274,726	23,900
Maximum [Member]
Class of Stock [Line Items]
Repurchased shares, price per share	$ 43.95	$ 44.48	$ 39.99		$ 44.48
Minimum [Member]
Class of Stock [Line Items]
Repurchased shares, price per share	$ 42.72	$ 39.04	$ 38.06		$ 38.06

Income Taxes - Schedule of Sour

Income Taxes - Schedule of Sources of Income Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
U.S.	$ 15,897	$ 124,032	$ 90,332
Foreign	44,945	53,622	54,855
Income before income taxes	$ 60,842	$ 177,654	$ 145,187

Income Taxes - Component of Inc

Income Taxes - Component of Income Tax Provision (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current:
Federal	$ 36,345	$ 36,205	$ 24,604
Foreign	15,204	13,603	6,339
State	6,237	10,302	6,532
Total	57,786	60,110	37,475
Deferred:
Federal	(25,083)	(9,697)	(6,986)
Foreign	(9,367)	(5,318)	(987)
State	(5,356)	1,432	(2,210)
Total	(39,806)	(13,583)	(10,183)
Provision for income taxes	$ 17,980	$ 46,527	$ 27,292

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Line Items]
U.S. federal corporate income tax rate	35.00%
Deferred income taxes on unremitted earnings	$ 5,502,000	$ 5,709,000
Unremitted earnings	50,200,000
Unrecognized deferred tax liability on foreign subsidiary earnings	$ 3,300,000
Operating loss carryforwards domestic expiration period	2,034
Federal and state loss carryforward	2,019
Foreign net operating loss carryforwards	$ 66,100,000
Remaining foreign net operating loss carryforwards	$ 2,500,000
Foreign net operating loss carryforwards expiry period	2,016
Tax credit carryforwards relating to domestic and foreign jurisdiction	$ 31,300,000
Tax credit carryforward expiration period	2,017
Income tax credit carryforward	$ 900,000
Valuation allowance	18,020,000	12,619,000
Impact of the tax holidays decreased foreign taxes	$ 700,000
Income tax holiday benefit per share	$ 0.01
Potential penalties and interest on unrecognized tax benefits	$ 800,000	300,000
Potential penalties and interest	$ 3,500,000	2,900,000
India [Member]
Income Taxes [Line Items]
Tax credit carryforward expiration period of India operation	2,021
Domestic [Member]
Income Taxes [Line Items]
Operating loss carryforwards	$ 600,000
Tax credit carryforwards relating to domestic and foreign jurisdiction	29,100,000
Domestic [Member] | 2022
Income Taxes [Line Items]
Tax credit carryforwards relating to domestic and foreign jurisdiction	$ 1,300,000
Tax credit carryforward expiration period	2,022
State and Local Jurisdiction [Member]
Income Taxes [Line Items]
Operating loss carryforwards	$ 83,800,000
Foreign [Member]
Income Taxes [Line Items]
Operating loss carryforwards	63,600,000
Foreign net operating loss carryforwards	16,200,000
Valuation allowance	$ 18,000,000	12,600,000
Income tax holiday expiration	2,017
US Federal Income Tax Authority [Member]
Income Taxes [Line Items]
Income tax returns are currently in audit	December 31, 2009 through 2013
New York State Income Tax Authority [Member]
Income Taxes [Line Items]
Income tax returns are currently in audit	December 31, 2011 through 2014
California State Income Tax Authority [Member]
Income Taxes [Line Items]
Income tax returns are currently in audit	December 31, 2001 through 2007 and December 31, 2012 through 2013
Canadian Subsidiary [Member]
Income Taxes [Line Items]
Deferred income taxes on unremitted earnings	$ 5,500,000	$ 5,700,000
Primatics Financial
Income Taxes [Line Items]
Tax credit carryforwards relating to domestic and foreign jurisdiction	36,000,000
Foreign Subsidiary [Member]
Income Taxes [Line Items]
Deferred income taxes on unremitted earnings	$ 0

Income Taxes - Summary of Recon

Income Taxes - Summary of Reconciliation Between Expected Tax Expense and Actual Tax Provision (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Computed “expected” tax expense	$ 21,295	$ 62,179	$ 50,816
Increase (decrease) in income tax expense resulting from:
State income taxes (net of federal income tax benefit)	2,656	7,217	2,621
Foreign operations	(11,281)	(26,232)	(17,942)
Rate change impact on tax liabilities	(1,021)		(2,679)
Effect of valuation allowance	3,242	1,351	785
Uncertain tax positions	3,903	3,933	(2,661)
Tax credits	(3,493)	(993)	(3,325)
Non-deductible transaction costs	2,354
Other	325	(928)	(323)
Provision for income taxes	$ 17,980	$ 46,527	$ 27,292

Income Taxes - Components of De

Income Taxes - Components of Deferred Income Taxes (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred Tax Assets
Tax credit carryforwards	$ 31,257	$ 4,771
Deferred compensation	23,625	13,956
Net operating loss carryforwards	23,249	11,788
Accrued expenses	9,589	4,236
Property and equipment	1,766
Impaired investment interest	846	842
Other	773
Total	91,105	35,593
Valuation allowance	(18,020)	(12,619)
Total	73,085	22,974
Property and equipment		3,031
Deferred Tax Liabilities
Other		209
Customer relationships	390,348	71,557
Acquired technology	125,022	5,295
Other intangible assets	26,520	29,403
Deferred revenue	20,689	174
Trade names	12,379	5,772
Unremitted foreign earnings	5,502	5,709
Total	580,460	121,150
Total	$ 580,460	$ 121,150

Income Taxes - Summary of Activ

Income Taxes - Summary of Activity Related to Company's Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Beginning Balance	$ 15,657	$ 7,640
Increases related to current year tax positions	4,880	3,668
Decreases related to prior tax positions		(68)
Increases related to prior tax positions	1,179
Increases related to acquired tax positions	37,456	4,606
Settlements	(2,883)
Lapse in statute of limitation	(60)
Foreign exchange translation adjustment	(489)	(189)
Ending Balance	$ 55,740	$ 15,657

Debt - Component of Debt (Detai

Debt - Component of Debt (Detail) - USD ($)	Dec. 31, 2015	Jul. 08, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Unamortized original issue discount and debt issuance costs	$ (68,649,000)		$ (25,262,000)
Debt	2,751,351,000		619,738,000
Less current portion of long-term debt	32,281,000		20,470,000
Long-term debt	2,719,070,000		599,268,000
Two Point Nine Three Percent Prior Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Debt before unamortized original issue discount			$ 645,000,000
Secured Debt [Member] | Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Debt principal amount	2,220,000,000
Senior Notes [Member] | 5.875% Senior Notes due 2023 [Member]
Debt Instrument [Line Items]
Debt principal amount	$ 600,000,000	$ 600,000,000

Debt - Component of Debt (Paren

Debt - Component of Debt (Parenthetical) (Detail)	Jul. 08, 2015	Dec. 31, 2015	Dec. 31, 2014
Two Point Nine Three Percent Prior Facility [Member] | Line of Credit [Member]
Debt Instrument [Line Items]
Debt, weighted-average interest rate of credit facility			2.93%
Secured Debt [Member] | Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Debt, weighted-average interest rate of credit facility		3.94%
Senior Notes [Member] | 5.875% Senior Notes due 2023 [Member]
Debt Instrument [Line Items]
Debt, interest rate	5.875%	5.875%
Debt, due date	2,023	2,023

Debt - Additional Information (

Debt - Additional Information (Detail)	Jul. 08, 2015USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)Tranche	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Debt Instrument [Line Items]
Number of tranche of term loan | Tranche			4
Debt instrument, interest rate terms			The Term Loans and Revolving Credit Facility bear interest, at the election of the borrowers, at the base rate (as defined in the Credit Agreement) or LIBOR, plus the applicable interest rate margin for the credit facility. The Term A-1 Loan, Term A-2 Loan and the Revolving Credit Facility initially bear interest at either LIBOR plus 2.75% or at the base rate plus 1.75%, and are subject to a step-down at any time SS&C’s consolidated net senior secured leverage ratio is less than 3.0 times, to 2.50% in the case of the LIBOR margin and 1.50% in the case of the base rate margin. The Term B-1 Loan and Term B-2 Loan initially bear interest at either LIBOR plus 3.25%, with LIBOR subject to a 0.75% floor, or at the base rate plus 2.25%, and are subject to a step-down at any time SS&C’s consolidated net leverage ratio is less than 4.0 times, to 3.00% in the case of the LIBOR margin and 2.00% in the case of the base rate margin.
Capitalized financing costs amortized to interest expense			$ 8,126,000	$ 5,839,000	$ 5,830,000
Loss on extinguishment of debt		$ (30,417,000)	$ (30,417,000)
Minimum [Member]
Debt Instrument [Line Items]
Percentage of change in cash flows due to debt extinguishment obligation			10.00%
Senior Secured Credit Facilities [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Credit facility, frequency of payments			Quarterly
Credit facility collateral, percentage of capital stock of foreign restricted subsidiaries	65.00%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Debt principal amount	$ 150,000,000
Debt instrument term available for borrowings	5 years
Minimum senior secured leverage ratio required	3.00%
Company amortized to interest expense			$ 0
Revolving Credit Facility [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.75%
Revolving Credit Facility [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.75%
Revolving Credit Facility [Member] | Leverage Ratio is Less Than 3 Times [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.50%
Revolving Credit Facility [Member] | Leverage Ratio is Less Than 3 Times [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.50%
Letter of Credit [Member]
Debt Instrument [Line Items]
Debt principal amount	$ 25,000,000
Line of credit facility, amount drawn	$ 0
Term A-1 Loan [Member]
Debt Instrument [Line Items]
Minimum senior secured leverage ratio required	3.00%
Term A-1 Loan [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.75%
Term A-1 Loan [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.75%
Term A-1 Loan [Member] | Leverage Ratio is Less Than 3 Times [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.50%
Term A-1 Loan [Member] | Leverage Ratio is Less Than 3 Times [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.50%
Term A-1 Loan [Member] | Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Debt principal amount	$ 98,000,000
Debt instrument term available for borrowings	5 years
Term A-1 Loan [Member] | Senior Secured Credit Facilities [Member] | Secured Debt [Member] | Until September 30, 2017 [Member]
Debt Instrument [Line Items]
Quarterly payments percentage on original principal amount	1.25%
Term A-1 Loan [Member] | Senior Secured Credit Facilities [Member] | Secured Debt [Member] | From December 31, 2017 Until June 30, 2020 [Member]
Debt Instrument [Line Items]
Quarterly payments percentage on original principal amount	2.50%
Term A-2 Loan [Member]
Debt Instrument [Line Items]
Minimum senior secured leverage ratio required	3.00%
Term A-2 Loan [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.75%
Term A-2 Loan [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.75%
Term A-2 Loan [Member] | Leverage Ratio is Less Than 3 Times [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.50%
Term A-2 Loan [Member] | Leverage Ratio is Less Than 3 Times [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.50%
Term A-2 Loan [Member] | Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Debt principal amount	$ 152,000,000
Debt instrument term available for borrowings	5 years
Term A-2 Loan [Member] | Senior Secured Credit Facilities [Member] | Secured Debt [Member] | Until September 30, 2017 [Member]
Debt Instrument [Line Items]
Quarterly payments percentage on original principal amount	1.25%
Term A-2 Loan [Member] | Senior Secured Credit Facilities [Member] | Secured Debt [Member] | From December 31, 2017 Until June 30, 2020 [Member]
Debt Instrument [Line Items]
Quarterly payments percentage on original principal amount	2.50%
Term B-1 Loan [Member]
Debt Instrument [Line Items]
Minimum senior secured leverage ratio required	4.00%
Term B-1 Loan [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.25%
Debt instrument, floor rate	0.75%
Term B-1 Loan [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.25%
Term B-1 Loan [Member] | Leverage Ratio is Less Than 4 Times [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.00%
Term B-1 Loan [Member] | Leverage Ratio is Less Than 4 Times [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.00%
Term B-1 Loan [Member] | Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Debt principal amount	$ 1,820,000,000
Debt instrument term available for borrowings	7 years
Term B-1 Loan [Member] | Senior Secured Credit Facilities [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Quarterly payments percentage on original principal amount	0.25%
Term B-2 Loan [Member]
Debt Instrument [Line Items]
Minimum senior secured leverage ratio required	4.00%
Term B-2 Loan [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.25%
Debt instrument, floor rate	0.75%
Term B-2 Loan [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.25%
Term B-2 Loan [Member] | Leverage Ratio is Less Than 4 Times [Member] | LIBOR Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	3.00%
Term B-2 Loan [Member] | Leverage Ratio is Less Than 4 Times [Member] | Base Rate Plus [Member]
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.00%
Term B-2 Loan [Member] | Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Debt principal amount	$ 410,000,000
Debt instrument term available for borrowings	7 years
Term B-2 Loan [Member] | Senior Secured Credit Facilities [Member] | Secured Debt [Member]
Debt Instrument [Line Items]
Quarterly payments percentage on original principal amount	0.25%
5.875% Senior Notes due 2023 [Member]
Debt Instrument [Line Items]
Company amortized to interest expense			1,800,000	1,400,000	1,400,000
Principal amount of Senior Notes outstanding			600,000,000
Capitalized financing costs, aggregate amount			45,800,000
Capitalized financing costs amortized to interest expense			6,400,000	$ 4,400,000	$ 4,400,000
5.875% Senior Notes due 2023 [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt principal amount	$ 600,000,000		$ 600,000,000
Debt instrument, interest rate terms			If the Company is not able to complete the exchange offer registration statement in the period stated or at all (or a shelf registration statement with the SEC to cover resales of the Senior Notes is not declared effective), the interest rate on the notes will increase 0.25% per year. The amount of additional interest will increase an additional 0.25% per year for any subsequent 90-day period in which the Company has not yet completed and have declared effective a registration statement, up to a maximum additional interest rate of 1.00% per year
Debt, interest rate	5.875%		5.875%
Debt, due date	2,023		2,023
Increase in debt instrument interest			0.25%
Senior Notes, redemption period, on or before date			Jul. 15, 2018
Percentage of principal amount of Senior Notes redeemed	35.00%
Senior Notes, redemption price, percentage of principal amount plus accrued and unpaid interest	105.875%
5.875% Senior Notes due 2023 [Member] | Maximum [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Increase in debt instrument interest			1.00%

Debt - Schedule of Annual Matur

Debt - Schedule of Annual Maturities of Long-Term Debt During Next Five Years and Thereafter (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
2,016	$ 32,281
2,017	35,405
2,018	44,781
2,019	44,781
2020 and thereafter	2,662,752
Senior Secured Credit Facilities and Senior Notes Member [Member]
Debt Instrument [Line Items]
Total	$ 2,820,000

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Carrying Amounts and Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Carrying Amount [Member] | Senior Secured Credit Facilities [Member]
Financial liabilities:
Credit facility	$ 2,220,000
Carrying Amount [Member] | 5.875% Senior Notes due 2023 [Member]
Financial liabilities:
Credit facility	600,000
Carrying Amount [Member] | Line of Credit [Member] | Prior Facility [Member]
Financial liabilities:
Credit facility		$ 645,000
Fair Value [Member] | Senior Secured Credit Facilities [Member]
Financial liabilities:
Credit facility	2,202,105
Fair Value [Member] | 5.875% Senior Notes due 2023 [Member]
Financial liabilities:
Credit facility	$ 616,500
Fair Value [Member] | Line of Credit [Member] | Prior Facility [Member]
Financial liabilities:
Credit facility		$ 641,141

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Leases [Abstract]
Total rental expenses	$ 24.4	$ 16.7	$ 17.7
Lease expire	2,022
Rental income under sublease	$ 0.2	$ 0.2	$ 1.2

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments under Company's Operating Leases, Excluding Future Sublease Income (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Leases [Abstract]
2,016	$ 30,470
2,017	28,446
2,018	25,725
2,019	22,254
2020 and thereafter	87,802
Total	$ 194,697

Leases - Schedule of Future M59

Leases - Schedule of Future Minimum Lease Receipts under these Leases (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Leases [Abstract]
2,016	$ 1,798
2,017	1,828
2,018	1,764
2,019	1,273
2020 and thereafter	1,632
Total	$ 8,295

Defined Contribution Plans - Ad

Defined Contribution Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Company match of employees contributions in amount in percentage	50.00%
Employees contributions amount up to per year	$ 4,000
Company incurred matching contribution expenses related to plan	$ 5,800,000	$ 4,100,000	$ 3,900,000
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Employee's contribute payroll deductions of compensation	50.00%

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Feb. 28, 2014	Apr. 30, 2008	Aug. 31, 2006
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefit from compensation expense	$ 20,700	$ 3,800	$ 2,700
Cash received from exercise of stock options	30,100	24,100	27,800
Income tax benefits related to the exercise of stock options	44,200	18,800	31,800
Intrinsic value of options exercised	120,900	56,100	87,800
Stock-based compensation expense	44,079	11,483	8,386
Advent [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	26,300
One-time charges for accelerated vesting awards	11,500
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 10,609	0	0
Restricted Stock Units (RSUs) [Member] | Advent [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested stock options	700,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 239	$ 222	$ 233
Time-Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based incentive plan, description	Time-based options granted under the 2006 Plan, the 2008 Plan or the 2014 Plan generally vest 25% on the first anniversary of the grant date and 1/36th of the remaining balance each month thereafter for 36 months. All outstanding time-based options vest upon a change in control, subject to certain conditions.
Option vesting period	36 months
Employee service share-based compensation period for recognition of expense	3 years
Remaining Unvested balance percentage of equity based incentive plan vesting portion for quarter	0.0208%
Time based options granted weighted average granted fair value	$ 14.57	$ 12.77	$ 9.86
Share-based payment award, options, vested in period, fair value	$ 43,500	$ 11,300	$ 8,200
Stock based compensation related to time based options	$ 109,600
Time-Based Awards [Member] | Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity based incentive plan percentage of first anniversary	25.00%
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 33,231	$ 11,261	$ 8,153
Stock Appreciation Rights (SARs) [Member] | Advent [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested stock options	2,500,000
2014 Plan [Member] | Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under equity-based incentive plan				3,000,000
Equity based incentive plan expiry period from date of grant	10 years
2008 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Initial authorized shares					1,416,661
2008 Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted shares, granted	10,395
Remaining Unvested balance percentage of equity based incentive plan vesting portion for quarter	0.0625%
Stock based Compensation not yet Recognized	$ 17,800
Employee service share-based compensation period for recognition of expense	3 years 6 months
2008 Plan [Member] | Restricted Stock Units (RSUs) [Member] | Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity based incentive plan percentage of first anniversary	25.00%
2008 Plan [Member] | Maximum [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option vesting period	3 years
2008 Plan [Member] | Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under equity-based incentive plan					10,914,967
Equity based incentive plan expiry period from date of grant	10 years
Equity-based incentive plan, description	Company’s common stock and an annual increase to be added on the first day of each of the Company’s fiscal years during the term of the 2008 Plan beginning in fiscal 2009 equal to the lesser of (i) 1,416,661 shares of common stock, (ii) 2% of the outstanding shares on such date or (iii) an amount determined by the Company’s board of directors. Under the 2008 Plan, which became effective in July 2008, the exercise price of awards is set on the grant date and may not be less than the fair market value per share on such date. Generally, awards expire ten years from the date of grant. The Company has granted time-based options and RSUs under the 2008 Plan.
Percentage increase in share of outstanding share	2.00%
2006 Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted shares, granted	1,500	0	25,000
Remaining Unvested balance percentage of equity based incentive plan vesting portion for quarter	0.0625%		0.0625%
Stock based Compensation not yet Recognized	$ 400	$ 600
Employee service share-based compensation period for recognition of expense	22 months	32 months
2006 Plan [Member] | Restricted Stock [Member] | Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity based incentive plan percentage of first anniversary	25.00%		25.00%
2006 Plan [Member] | Maximum [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option vesting period	3 years		3 years
2006 Plan [Member] | Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under equity-based incentive plan						11,173,819
Equity based incentive plan expiry period from date of grant	10 years
Equity-based incentive plan, description	Under the 2006 Plan, the exercise price of awards is set on the grant date and may not be less than the fair market value per share on such date.

Stock-based Compensation - Summ

Stock-based Compensation - Summary of Weighted-Average Assumptions Using Black-Scholes Option-Pricing Model (Detail) - Time-Based Awards [Member]	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term to exercise (years), Time-Based awards	4 years	4 years	4 years
Expected volatility, Time-Based awards	26.63%	29.04%	28.04%
Risk-free interest rate, Time-Based awards	1.42%	1.36%	1.16%
Expected dividend yield, Time-Based awards	0.74%	0.84%	0.00%

Stock-based Compensation - Sche

Stock-based Compensation - Schedule of Stock-Based Compensation Expense Recognized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 44,079	$ 11,483	$ 8,386
Cost of Software-Enabled Services [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	6,849	3,940	2,925
Cost of Maintenance and Term Licenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	1,388	282	273
Cost of Recurring Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	8,237	4,222	3,198
Cost of Professional Services [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	1,388	443	338
Cost of Non Recurring Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	1,388	443	338
Total Cost of Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	9,625	4,665	3,536
Selling and Marketing [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	14,665	2,265	1,475
Research and Development [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	8,588	1,165	901
General and Administrative [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	11,201	3,388	2,474
Total Operating Expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	34,454	6,818	4,850
Stock Appreciation Rights (SARs) [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	33,231	11,261	8,153
Stock Appreciation Rights (SARs) [Member] | Cost of Software-Enabled Services [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	6,460	3,940	2,925
Stock Appreciation Rights (SARs) [Member] | Cost of Maintenance and Term Licenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	1,022	282	273
Stock Appreciation Rights (SARs) [Member] | Cost of Recurring Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	7,482	4,222	3,198
Stock Appreciation Rights (SARs) [Member] | Cost of Professional Services [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	1,166	443	338
Stock Appreciation Rights (SARs) [Member] | Cost of Non Recurring Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	1,166	443	338
Stock Appreciation Rights (SARs) [Member] | Total Cost of Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	8,648	4,665	3,536
Stock Appreciation Rights (SARs) [Member] | Selling and Marketing [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	10,637	2,043	1,385
Stock Appreciation Rights (SARs) [Member] | Research and Development [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	5,676	1,165	901
Stock Appreciation Rights (SARs) [Member] | General and Administrative [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	8,270	3,388	2,331
Stock Appreciation Rights (SARs) [Member] | Total Operating Expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	24,583	6,596	4,617
Restricted Stock Units (RSUs) [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	10,609	0	0
Restricted Stock Units (RSUs) [Member] | Cost of Software-Enabled Services [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	372
Restricted Stock Units (RSUs) [Member] | Cost of Maintenance and Term Licenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	366
Restricted Stock Units (RSUs) [Member] | Cost of Recurring Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	738
Restricted Stock Units (RSUs) [Member] | Cost of Professional Services [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	222
Restricted Stock Units (RSUs) [Member] | Cost of Non Recurring Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	222
Restricted Stock Units (RSUs) [Member] | Total Cost of Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	960
Restricted Stock Units (RSUs) [Member] | Selling and Marketing [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	3,806
Restricted Stock Units (RSUs) [Member] | Research and Development [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	2,912
Restricted Stock Units (RSUs) [Member] | General and Administrative [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	2,931
Restricted Stock Units (RSUs) [Member] | Total Operating Expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	9,649
Restricted Stock [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	239	222	233
Restricted Stock [Member] | Cost of Software-Enabled Services [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	17
Restricted Stock [Member] | Cost of Recurring Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	17
Restricted Stock [Member] | Total Cost of Revenues [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	17
Restricted Stock [Member] | Selling and Marketing [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	222	222	90
Restricted Stock [Member] | General and Administrative [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense			143
Restricted Stock [Member] | Total Operating Expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 222	$ 222	$ 233

Stock-based Compensation - Sc64

Stock-based Compensation - Schedule of Stock-Based Compensation Expense Recognized (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 44,079	$ 11,483	$ 8,386
Restricted Stock Units (RSUs) [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	10,609	0	0
Restricted Stock [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 239	$ 222	233
Restricted Stock [Member] | Class A Non-Voting Common Stock [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense			100
Stock based Compensation not yet Recognized			$ 0

Stock-based Compensation - Su65

Stock-based Compensation - Summary of Stock Option Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Outstanding Opening	11,720,648	11,515,642	13,411,130
Granted	3,818,295	2,198,825	2,024,170
Equity awards assumed	2,480,953
Cancelled/forfeited	(630,844)	(203,586)	(332,327)
Exercised	(2,249,870)	(1,790,233)	(3,587,331)
Number of Shares, Outstanding Closing	15,139,182	11,720,648	11,515,642
Weighted Average Exercise Price, Outstanding Opening	$ 26.24	$ 18.70	$ 12.47
Granted , Weighted Average Exercise Price	67.91	55.74	40.81
Cancelled/forfeited, Weighted Average Exercise Price	50.50	30.51	20.27
Exercised, Weighted Average Exercise Price	15.45	13.47	7.75
Weighted Average Exercise Price, Outstanding closing	41.28	$ 26.24	$ 18.70
Weighted Average Exercise Price, Equity awards assumed	$ 50.27
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	10,395
Equity awards assumed	660,017
Cancelled/forfeited	(69,194)
Vested	(122,492)
Number of Shares, Outstanding Closing	478,726

Stock-based Compensation - Su66

Stock-based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
2006 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Time-based options granted	563,450	116,000	225,750
2008 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Time-based options granted	2,739,845	1,632,825	1,798,420
2014 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Time-based options granted	515,000	450,000

Stock-Based Compensation - Su67

Stock-Based Compensation - Summary of Stock Options Outstanding that are Expected to Vest and Stock Options Outstanding that are Exercisable (Detail) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Outstanding, Vested Options Currently Exercisable, Shares | shares	6,788,912
Outstanding, Vested Options Currently Exercisable, Weighted Average Exercise Price | $ / shares	$ 21.20
Outstanding, Vested Options Currently Exercisable, Aggregate Intrinsic Value | $	$ 319,682
Outstanding, Vested Options Currently Exercisable, Weighted Average Remaining Contractual Term (Years)	4 years 7 months 28 days
Outstanding Options Expected to Vest, Shares | shares	8,350,270
Outstanding Options Expected to Vest, Weighted Average Exercise Price | $ / shares	$ 57.61
Outstanding Options Expected to Vest, Aggregate Intrinsic Value | $	$ 89,728
Outstanding Options Expected to Vest, Weighted Average Remaining Contractual Term (Years)	9 years 1 month 13 days

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands

Nov. 16, 2015

Sep. 01, 2015

Aug. 18, 2015

Jul. 08, 2015

Nov. 30, 2014

Oct. 31, 2013

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Mar. 31, 2015

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Business Acquisition [Line Items]

Revenue

$ 300,888

$ 280,894

$ 212,768

$ 205,735

$ 200,731

$ 192,598

$ 188,722

$ 185,810

$ 1,000,285

$ 767,861

$ 712,702

Primatics Financial [Member]

Business Acquisition [Line Items]

Consideration paid, net of cash plus the costs of transaction

$ 127,600

$ 115,181

Business acquisition, effective date of acquisition

Nov. 16, 2015

Revenue

$ 6,500

Primatics Financial [Member] | Doubtful [Member]

Business Acquisition [Line Items]

Fair value of acquired accounts receivable

400

$ 400

Primatics Financial [Member] | Completed Technology [Member]

Business Acquisition [Line Items]

Amortized period

10 years

Primatics Financial [Member] | Customer Relationships [Member] | Minimum [Member]

Business Acquisition [Line Items]

Amortized period

1 year

Primatics Financial [Member] | Customer Relationships [Member] | Maximum [Member]

Business Acquisition [Line Items]

Amortized period

15 years

Primatics Financial [Member] | Trade Name [Member]

Business Acquisition [Line Items]

Amortized period

10 years

Varden [Member]

Business Acquisition [Line Items]

Consideration paid, net of cash plus the costs of transaction

$ 25,300

$ 23,134

Business acquisition, effective date of acquisition

Sep. 1, 2015

Revenue

$ 2,500

Varden [Member] | Completed Technology [Member]

Business Acquisition [Line Items]

Amortized period

8 years

Varden [Member] | Customer Relationships [Member]

Business Acquisition [Line Items]

Amortized period

10 years

Varden [Member] | Trade Name [Member]

Business Acquisition [Line Items]

Amortized period

10 years

Varden [Member] | Non-Compete Agreement [Member]

Business Acquisition [Line Items]

Amortized period

3 years

Advent [Member]

Business Acquisition [Line Items]

Consideration paid, net of cash plus the costs of transaction

$ 2,600,000

$ 2,596,532

Business acquisition, effective date of acquisition

Jul. 8, 2015

Revenue

$ 155,800

Business acquisition, share price

$ 44.25

Non-cash consideration related to fair value of unvested acquired equity awards

11,800

Advent [Member] | Doubtful [Member]

Business Acquisition [Line Items]

Fair value of acquired accounts receivable

2,600

$ 2,600

Advent [Member] | Completed Technology [Member]

Business Acquisition [Line Items]

Amortized period

12 years

Advent [Member] | Customer Relationships [Member]

Business Acquisition [Line Items]

Amortized period

12 years

Advent [Member] | Trade Name [Member]

Business Acquisition [Line Items]

Amortized period

10 years

DSTGS [Member]

Business Acquisition [Line Items]

Consideration paid, net of cash plus the costs of transaction

$ 95,000

$ 94,962

Business acquisition, effective date of acquisition

Nov. 30, 2014

Working capital adjustment paid in second quarter of 2015

$ 7,900

DSTGS [Member] | Doubtful [Member]

Business Acquisition [Line Items]

Fair value of acquired accounts receivable

$ 500

$ 500

DSTGS [Member] | Completed Technology [Member] | Minimum [Member]

Business Acquisition [Line Items]

Amortized period

7 years

DSTGS [Member] | Completed Technology [Member] | Maximum [Member]

Business Acquisition [Line Items]

Amortized period

8 years

DSTGS [Member] | Customer Relationships [Member] | Minimum [Member]

Business Acquisition [Line Items]

Amortized period

10 years

DSTGS [Member] | Customer Relationships [Member] | Maximum [Member]

Business Acquisition [Line Items]

Amortized period

15 years

DSTGS [Member] | Trade Name [Member]

Business Acquisition [Line Items]

Amortized period

10 years

Prime [Member]

Business Acquisition [Line Items]

Consideration paid, net of cash plus the costs of transaction

$ 4,000

Citigroup's Alternative Investor Services [Member]

Business Acquisition [Line Items]

Consideration paid, net of cash plus the costs of transaction

$ 425,000

Business acquisition, effective date of acquisition

Aug. 18, 2015

Acquisitions - Summary of Alloc

Acquisitions - Summary of Allocation of Purchase Price for Acquisitions of Acquiree (Detail) - USD ($) $ in Thousands	Nov. 16, 2015	Sep. 01, 2015	Jul. 08, 2015	Nov. 30, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Business Acquisition [Line Items]
Goodwill					$ 3,549,212	$ 1,573,227	$ 1,541,386
Primatics Financial [Member]
Business Acquisition [Line Items]
Accounts receivable					9,337
Fixed assets					2,956
Other assets					3,439
Goodwill					61,685
Deferred revenue					(5,330)
Deferred income taxes					(24,943)
Other liabilities assumed					(6,943)
Consideration paid, net of cash acquired	$ 127,600				115,181
Varden [Member]
Business Acquisition [Line Items]
Accounts receivable					1,186
Fixed assets					26
Goodwill					12,925
Deferred revenue					(835)
Other liabilities assumed					(3,268)
Consideration paid, net of cash acquired		$ 25,300			23,134
Advent [Member]
Business Acquisition [Line Items]
Accounts receivable					57,326
Fixed assets					15,898
Other assets					20,510
Goodwill					1,956,841
Deferred revenue					(90,126)
Deferred income taxes					(424,489)
Other liabilities assumed					(91,428)
Consideration paid, net of cash acquired			$ 2,600,000		2,596,532
DSTGS [Member]
Business Acquisition [Line Items]
Accounts receivable					8,866
Fixed assets					2,074
Other assets					3,392
Goodwill					66,444
Deferred revenue					(10,185)
Deferred income taxes					(11,626)
Other liabilities assumed					(19,703)
Consideration paid, net of cash acquired				$ 95,000	94,962
Acquired Client Relationships and Contracts [Member] | Primatics Financial [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					36,980
Acquired Client Relationships and Contracts [Member] | Varden [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					9,000
Acquired Client Relationships and Contracts [Member] | Advent [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					823,000
Acquired Client Relationships and Contracts [Member] | DSTGS [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					17,200
Completed Technology [Member] | Primatics Financial [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					33,900
Completed Technology [Member] | Varden [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					3,700
Completed Technology [Member] | Advent [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					311,000
Completed Technology [Member] | DSTGS [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					34,200
Trade Name [Member] | Primatics Financial [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					4,100
Trade Name [Member] | Varden [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					300
Trade Name [Member] | Advent [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					18,000
Trade Name [Member] | DSTGS [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					4,300
Non-Compete Agreement [Member] | Varden [Member]
Business Acquisition [Line Items]
Acquired client relationships and contracts					$ 100

Product and Geographic Sales 70

Product and Geographic Sales Information - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015SegmentClient
Segment Reporting Information [Line Items]
Number of reportable segment | Segment	1
Sales Revenue Net [Member]
Segment Reporting Information [Line Items]
Number of individual clients representing net sales | Client	0

Product and Geographic Sales 71

Product and Geographic Sales Information - Summary of Revenues by Geography (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 300,888	$ 280,894	$ 212,768	$ 205,735	$ 200,731	$ 192,598	$ 188,722	$ 185,810	$ 1,000,285	$ 767,861	$ 712,702
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues									682,293	514,803	466,670
Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues									55,562	63,037	60,980
Americas, Excluding United States and Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues									22,186	15,745	16,760
United Kingdom [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues									107,081	99,163	97,079
Europe, Excluding United Kingdom [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues									68,347	49,929	51,561
Asia-Pacific and Japan [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues									$ 64,816	$ 25,184	$ 19,652

Product and Geographic Sales 72

Product and Geographic Sales Information - Summary of Long-lived Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Long-lived Assets	$ 80,986	$ 83,190	$ 84,028
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Long-lived Assets	64,141	60,373	62,577
Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Long-lived Assets	5,493	6,376	6,881
Americas, Excluding United States and Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Long-lived Assets	1,301	1,499	66
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Long-lived Assets	4,336	10,204	9,426
Asia-Pacific and Japan [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Long-lived Assets	$ 5,715	$ 4,738	$ 5,078

Product and Geographic Sales 73

Product and Geographic Sales Information - Summary of Revenues by Product Group (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Total revenues	$ 300,888	$ 280,894	$ 212,768	$ 205,735	$ 200,731	$ 192,598	$ 188,722	$ 185,810	$ 1,000,285	$ 767,861	$ 712,702
Portfolio Management/Accounting [Member]
Segment Reporting Information [Line Items]
Total revenues									918,888	691,915	640,075
Trading/Treasury Operations [Member]
Segment Reporting Information [Line Items]
Total revenues									31,992	32,705	32,949
Financial Modeling [Member]
Segment Reporting Information [Line Items]
Total revenues									9,078	8,664	8,366
Loan Management/Accounting [Member]
Segment Reporting Information [Line Items]
Total revenues									14,205	8,382	6,683
Property Management [Member]
Segment Reporting Information [Line Items]
Total revenues									16,176	15,217	14,622
Money Market Processing [Member]
Segment Reporting Information [Line Items]
Total revenues									8,677	9,421	8,279
Training [Member]
Segment Reporting Information [Line Items]
Total revenues									$ 1,269	$ 1,557	$ 1,728

Selected Quarterly Financial 74

Selected Quarterly Financial Data (Unaudited) - Summary of Unaudited Quarterly Results (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Data [Abstract]
Revenue	$ 300,888	$ 280,894	$ 212,768	$ 205,735	$ 200,731	$ 192,598	$ 188,722	$ 185,810	$ 1,000,285	$ 767,861	$ 712,702
Gross profit	142,212	129,030	103,265	93,428	95,115	91,215	86,489	84,311	467,935	357,130	323,902
Operating income	48,302	14,952	58,351	43,133	53,595	54,363	45,389	47,025	164,738	200,372	182,968
Net income (loss)	$ 12,098	$ (34,610)	$ 39,128	$ 26,246	$ 36,607	$ 40,827	$ 27,245	$ 26,448	$ 42,862	$ 131,127	$ 117,895
Basic earnings (loss) per share	$ 0.12	$ (0.36)	$ 0.46	$ 0.31	$ 0.44	$ 0.49	$ 0.33	$ 0.32	$ 0.47	$ 1.57	$ 1.45
Diluted earnings (loss) per share	$ 0.12	$ (0.36)	$ 0.44	$ 0.30	$ 0.42	$ 0.47	$ 0.31	$ 0.30	$ 0.45	$ 1.50	$ 1.38

Selected Quarterly Financial 75

Selected Quarterly Financial Data (Unaudited) - Summary of Unaudited Quarterly Results (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015
Quarterly Financial Data [Abstract]
Loss on extinguishment of debt	$ 30,417	$ 30,417
Professional Fees related to acquisition of Advent	$ 13,500

Subsequent Event - Additional I

Subsequent Event - Additional Information (Detail) - $ / shares	Feb. 24, 2016	Dec. 31, 2015	Dec. 31, 2014
Subsequent Events [Abstract]
Cash dividends declared per share	$ 0.125	$ 0.50	$ 0.125
Dividend paid date	Mar. 15, 2016
Dividend record date	Mar. 7, 2016