Creates Leading Global Provider in Independent Fund Services

WINDSOR, Conn., June 27, 2012 (GLOBE NEWSWIRE) -- SS&C Technologies
Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services
software and software-enabled services, today announced its acquisition
of GlobeOp Financial Services S.A. (GlobeOp), for POUND4.85 per share
(approximately POUND572 million). GlobeOp (LSE:GO) provides independent
fund services, specializing in middle and back office services and
integrated risk-reporting to hedge funds, asset management firms and
other sectors of the financial industry. SS&C's offer for GlobeOp has
now closed with the holders of 99.95% of the outstanding shares having
accepted the offer. SS&C has initiated a "squeeze-out" procedure under
Luxembourg law, pursuant to which it will acquire, on the same terms as
the offer, all of the remaining shares of GlobeOp on July 9, 2012.

The acquisition is, by value, the largest in SS&C's history and
significant for the fund services industry. The combined companies,
including the PORTIA business acquired by SS&C from Thomson Reuters in
May 2012, had revenues of $635 million in fiscal year 2011 and 3,600
employees operating in 43 offices including New York, Boston, Chicago,
London, Amsterdam, Hong Kong, Kuala Lumpur, Singapore, Sydney,
Bangalore and Mumbai.

"This is an exciting day for SS&C and GlobeOp and for the clients we
serve," said Bill Stone, Chairman and Chief Executive Officer, SS&C
Technologies. "We have already begun our integration and are
coordinating on sales and marketing and we have significant synergies.
Together, we are a global leader, with the capability to serve our
clients - whatever their size, location or sector - with one of the
most comprehensive and competitive technology and services portfolios
in the investment management industry."

As a business group, the combined entity will be one of the market's
leading fund service providers with the ability to provide complete
lifecycle capabilities for hedge funds, fund of funds, private equity
and managed account managers. The combined entity services more than
6,700 funds with $424 billion in assets under administration.

Both SS&C and GlobeOp will benefit from synergies across 80+ products
and services. SS&C will share its leadership in cloud services and
mobility platforms and capitalize on GlobeOp's market leading
middle-office services and full range of "Go Applications". GlobeOp's
fund services expertise and leadership will enhance SS&C's global fund
capabilities. The combined entity will create a top 3 provider in fund
services and become the largest, independent publicly traded fund
services provider globally.

Guidance

SS&C Technologies will account for the GlobeOp acquisition as of June
1, 2012. The acquisition was funded by a new credit facility that also
re-financed SS&C's existing credit facility. The new facility includes
Term A loans of $325 million, Term B loans of $800 million and a Bridge
loan of $31.6 million. The Term A Loans and the Bridge Loan will
initially bear interest at LIBOR plus 2.75%. The Term B Loans will
initially bear interest at LIBOR plus 4.00%, with LIBOR subject to a
1.00% floor. The longer term effective interest rates will be higher
than those identified above as the company expects to place an interest
rate hedge to protect against higher LIBOR rates in the future.

SS&C is providing the following updated guidance for SS&C for the
second quarter and fiscal year 2012, including GlobeOp's operations and
the PORTIA business for the time periods owned by SS&C:


                                                                            
                                                                            
  -----------------------------  -------------------  --------------------- 
                                                                            
  Guidance                             Q2 2012               FY 2012        
  -----------------------------  -------------------  --------------------- 
                                                                            
  Total Revenue ($M)              $120.0 -- $122.5       $558.5 -- $571.0   
  -----------------------------  -------------------  --------------------- 
                                                                            
  Adjusted Net Income ($M)          $25.9 -- $26.7       $113.0 -- $118.0   
  -----------------------------  -------------------  --------------------- 
                                                                            
  Diluted Shares Outstanding                                                
   (M)                              82.9 -- 83.2           83.5 -- 85.0     
  -----------------------------  -------------------  --------------------- 



Non-GAAP Financial Measure

Adjusted net income is a non-GAAP financial measure.

Adjusted net income is defined as net income adjusted for amortization
of intangible assets, fair-value adjustments related to purchase
accounting, stock-based compensation, capital-based taxes,
acquisition-related expenses, amortization of deferred financing costs
and unusual and non-recurring expenses. For adjusted net income we use
a normalized effective income tax rate of 35%. Adjusted net income is
not a recognized term under GAAP. Adjusted net income does not
represent net income, as that term is defined under GAAP, and should
not be considered as an alternative to net income as an indicator of
our operating performance.

Adjusted net income is important to management and investors because it
represents our operational performance exclusive of the effects of the
items indicated above that are not operational in nature or comparable
to those of our competitors.

Forward Looking Statements

This press release includes forward-looking statements intended to
qualify for the safe harbor from liability under the Private Securities
Litigation Reform Act of 1995. These statements are based on the
current expectations of the management of SS&C and are subject to
uncertainty and changes in circumstances. The forward-looking
statements contained herein include financial guidance for the second
quarter of 2012 and full year 2012, which includes GlobeOp's operations
and the PORTIA business; the expected effects on SS&C of the
acquisition of GlobeOp; anticipated synergies, earnings enhancements
and other strategic options; and all other statements in this Current
Report on Form 8-K other than statements of historical fact.
Forward-looking statements include, without limitation, statements
typically containing words such as "intends", "expects", "anticipates",
"targets", "estimates" and words of similar import. By their nature,
forward-looking statements are not guarantees of future performance or
results and involve risks and uncertainties because they relate to
events and depend on circumstances that will occur in the future.

There are a number of factors that could cause actual results and
developments to differ materially from those expressed or implied by
forward-looking statements relating to the GlobeOp acquisition. These
factors include, but are not limited to, unanticipated changes in
GlobeOp's revenue, margins, expenses, and capital expenditures; the
inability to integrate successfully GlobeOp within SS&C; and exposure
to potential litigation and changes in anticipated costs related to the
acquisition of GlobeOp. Additional factors that could cause actual
results and developments to differ materially include, among others,
issues associated with foreign currency fluctuations; risks associated
with growth; geographic factors and political and economic risks;
actions of competitors; changes in economic or industry conditions
generally or in the markets served by SS&C and/or GlobeOp; the state of
financial and credit markets; work stoppages, labor negotiations, and
labor rates; and the ability to complete and appropriately integrate
restructurings, consolidations, acquisitions, divestitures, strategic
alliances, and joint ventures.

Information on the potential factors that could affect SS&C is also
included in its filings with the Securities and Exchange Commission,
including, but not limited to, its Annual Report on Form 10-K for the
fiscal year ended December 31, 2011 and its Current Report on Form 8-K
filed with the Securities Exchange Commission on March 14, 2012. SS&C
undertakes no obligation to update or revise forward-looking
statements, whether as a result of new information, future events or
otherwise. Forward-looking statements only speak as of the date on
which they are made.

About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled
services and software focused exclusively on the global financial
services industry. Founded in 1986, SS&C has its headquarters in
Windsor, Connecticut and offices around the world. 5,500 financial
services organizations, from the worlds' largest to local financial
services organizations, manage and account for their investments using
SS&C's products and services. These clients in the aggregate manage
over $16 trillion in assets.

Additional information about SS&C (Nasdaq:SSNC) is available at
www.ssctech.com.

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The SS&C Technologies logo is available at
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CONTACT: Patrick Pedonti
         Chief Financial Officer
         Tel: +1-860-298-4738
         E-mail: InvestorRelations@sscinc.com