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Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

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Page 1: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

1

Page 2: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

This presentation contains forward-looking statements, as defined by federal and state securities laws, which are made pursuant to the

safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning

plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, performance or products,

underlying assumptions, and other statements which are other than statements of historical facts. In some cases, you can identify

forward-looking statements by terminology such as ''may,'' ''will,'' ''should,'' “hope,'' "expects,'' ''intends,'' ''plans,'' ''anticipates,''

"contemplates," ''believes,'' ''estimates,'' ''predicts,'' ''projects,'' ''potential,'' ''continue,'' and other similar terminology or the negative of

these terms. From time to time, we may publish or otherwise make available forward-looking statements of this nature. All such forward-

looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by the cautionary

statements described on this message including those set forth below. All statements contained in this presentation are made only as of

the date of this presentation. In addition, except to the extent required by applicable securities laws, we undertake no obligation to update

or revise any forward-looking statements to reflect events, circumstances, or new information after the date of the information or to reflect

the occurrence or likelihood of unanticipated events, and we disclaim any such obligation.

Forward-looking statements are only predictions that relate to future events or our future performance and are subject to known and

unknown risks, uncertainties, assumptions, and other factors that may cause actual results, outcomes, levels of activity, performance,

developments, or achievements to be materially different from any future results, outcomes, levels of activity, performance, developments,

or achievements expressed, anticipated, or implied by these forward-looking statements. Other factors that could affect actual results,

outcomes, levels of activity, performance, developments or achievements can be found under the heading “Risk Factors” in SS&C

Technologies Holdings, Inc.’s Form 10-K, filed February 28, 2018. As a result, we cannot guarantee future results, outcomes, levels of

activity, performance, developments, or achievements, and there can be no assurance that our expectations, intentions, anticipations,

beliefs, or projections will result or be achieved or accomplished.

Safe Harbor Statement

2

Page 3: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Agenda

3

Bill Stone, Chairman and CEO

Rahul Kanwar, President and COO

Patrick Pedonti, SVP, Chief Financial Officer

Mike Sleightholme, SVP, General Manager, DST Systems

Ken Fullerton, SVP, Managing Director, Hedge Funds

Joe Patellaro, SVP, Managing Director, Private Equity

Bhagesh Malde, SVP, Managing Director, Real Assets

Christy Bremner, SVP, General Manager, I&IM

Rob Roley, SVP, General Manager, SS&C Advent

Jeff Shoreman, SVP, General Manager, Eze Software

Leif O’Leary, SVP, General Manager, Intralinks

Anthony Caiafa, CTO, Technology and Infrastructure Strategy

01

02

03

05

Welcome - Justine Stone, Investor Relations

Norm Boulanger, Vice Chairman, Singularity

Scott Kurland, Managing Director

SS&C Strategic Outlook

SS&C Business Overview, Acquisition Progress

Financial Overview

Business Unit Overview, Market Opportunities, Key Initiatives

Singularity Overview, Demo06

Technology Demos & Lunch (in common area) DST WalletShare, Core/Sightline, Black Diamond, InvestorVision, Intralinks, Eze Software08

10:25AM

10:00AM

10:50AM

04 Q&A with CEO, COO, CFO 11:00AM

11:30AM –

12:30PM

12:30PM

1:00PM

Q&A with Presenters 07

Page 4: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Leading provider of mission-critical

cloud-based software for financial

services providers with a flexible,

on-demand delivery model

4

Page 5: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

BILL STONE, Chairman and CEO

Page 6: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Founded

in 1986

20,000+

employees

134 offices

globally

NASDAQ: SSNC

(since Q1 2010)

13,000+

clients

Largest Transfer

Agent and Fund

Administrator

Globally

100+ products and

services

96% contractually

recurring revenues

SS&C by the Numbers

6

Page 7: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Acquisitions

Adj. Revenue Growth 10x since IPO

7

IPO Raises

$161 million

GlobeOp Advent

Software

DST Systems

Eze Software

Intralinks

$329 $371$553

$713 $768$1,056

$1,524$1,683

$3,426 E

2010 2011 2012 2013 2014 2015 2016 2017 2018

Citi Alternative

Investor

Services

Page 8: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Acquisitions

Adj. Net Income Growth 10x since IPO

8

IPO Raises

$161 million

GlobeOp Advent

Software

DST Systems

Eze Software

Intralinks

$66 $87$117

$169$206

$254

$338

$409

$683

$0.00

$100.00

$200.00

$300.00

$400.00

$500.00

$600.00

$700.00

2010 2011 2012 2013 2014 2015 2016 2017 2018

Citi Alternative

Investor

Services

Page 9: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Alternative33%

Institutional / Traditional

45%

Wealth Management

7%

Targeted3%

Healthcare12%

Mutual Funds

FOFs

RIAs

Wealth Managers

FamilyOffices

Endowment /Pension Funds

BanksReal

Estate

Healthcare

Insurance Companies

Managed Accounts

Asset Managers

Private Equity

Hedge Funds

(1) Pro forma combined revenue as of December 31, 2017.

(2) For DST: Alternative includes ALPS; Institutional / Traditional includes Asset Manager Solutions and Brokerage Solutions; Wealth Management includes Retirement Solutions and Distribution

Solutions; Healthcare includes Pharmacy Solutions and Medical Solutions.

Pro Forma 2017 revenue(1)(2)Client footprint

Diversity across

end markets$3.8bn Revenue

Diversified Business Model

9

Page 10: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Large Technology Spend across Financial Services Industry

10

Hardware, Hosting, and Outsourcing,

13.5

Front-to-Back office

Applications, 9.7

Global Data & Information, 20.2

Market Data & MDD, 4.6

~48b

Front-to-Back Office Applications a strategic growth area

» Hedge funds/alternatives driving incremental growth in segment

» Increasing compliance requirements, regulations, demands for transparency

» Increasing complexity of investment strategies

» Overall FinTech market expected to grow 4-5% annually

Total Worldwide Banking and Securities Industry Spending in Software and IT Services

$250 $262 $279 $295

$313 $332

2016 2017 2018 2019 2020 2021

Source: Gartner, Oct. 2017.

($ in billions)

26%

13%

41%38%

33%28%

59%54%

41%

33%

41%44%

0%

20%

40%

60%

80%

Marketing / AssetGathering

Asset / PortfolioManagement

Risk Management Compliance Back-officeoperations

HR / Financeback-office

support

Deployed

Trialing

Functions US Buy-Side Firms are Implementing SaaS as primary delivery model

Front office Middle Office Back Office

Source: Deloitte, 2017.

Asset Management Technology Market

Page 11: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

The Financial Industry Relies on SS&C

in financial

assets

$45TRILLION

40

fund

administrators

prime

brokers

9OUT OF

TOP 1075%

Of the top 100

hedge funds

95%

Structuring of all US

Municipal Bonds

99%

Issuance of all US

Commercial Paper

$2TRILLION

Regulatory

FilingsAsset Manager

Solutions

58.3MILLION

TA ACCOUNTS

Top 20

Distribution

Solutions

LARGESTASSET MANAGERS

Retirement

Solutions

LARGEST

SaaSPROVIDER

11

Page 12: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

LICENSED

SOFTWARE

HOSTING

SERVICES

FULL MIDDLE

AND BACK

OFFICE

OUTSOURCING

COMPONENT

OUTSOURCING

PROPRIETARY TECHNOLOGY AND EXPERTISE

Relationship expands…

• Greater operational

efficiency

• Infrastructure and

technology savings

• Larger revenue

opportunity

Customer

Customer

Customer

Customer

CO-

SOURCING

SERVICES

Customer

Unique and Leveragable Business Model

12

Page 13: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Collection of Experts

• CPAs, CFAs, chartered accountants,

technologists, advanced degrees

• Experts in US and International accounting

rules, tax law, and financial regulation, GIPS,

level III asset accounting

13

Over 20,000 global Employees

• Best in class training, tuition and professional

development reimbursements, industry training

• Offering competitive salaries and benefits and a

world-class equity program

• Range of opportunities from Fund Accounting to

Software Developers

• Active participation in Careers Fairs – recruiting new

graduates in various disciplines from Accounting,

Finance, Technology, etc.

Focus on Attracting and Retaining Talent

Page 14: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Business Organization – A Collection of Experts

Bill Stone

Chairman, CEO

Rahul Kanwar

President, COO

Institutional

and Investment

Management

SS&C GlobeOp Fund Services

Sales & Marketing

Technology

Finance

Patrick Pedonti,

CFO

Legal

Joe Frank, Chief

Legal Officer

SS&C Advent

DST Systems

14

SS&C EzeIntralinks

Targeted

Solutions

Compliance Human Resources

SS&C Corporate Functions

Software and SaaS Outsourcing Services

Page 15: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

SS&C’s Growth Strategy

15

New products and markets

• Incorporate emerging technologies into

development projects including AI,

Robotics, machine learning

Core Offerings

• Utilize our market leadership in fund

administration, mutual fund transfer agent,

and buy-side technology to win new clients

• Cross sell and upsell additional value-add

services to our current client base

• Have a matrixed pricing model that supports

both our clients and our growth

• Pursue adjacent markets through our

acquisitions and targeted solutions

• Expand our solutions globally, build our

sales force abroad, particularly Asia-PacOrg

an

ic –

Mid

Sin

gle

Dig

its

Acq

uis

itio

n

• Methodically opportunistic acquisition strategy with price discipline

• Move quickly on large, strategic acquisitions

• Explore tuck-in acquisitions that enhance current offerings, improve technology

Page 16: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

16

Innovation: 2018 ProForma R&D Spend of $420 million

Leveraging a growing collection of intellectual property and industry experts,

SS&C continues to deliver new products and services

2011 20152013 20142012 2016 2017 2018

SEC Modernization Regulatory Reporting

Asset Manager Investment & Portfolio

Management Platform

Electronic Investor

Documentation Workflow Tool

Form PF Reporting

Complete Portfolio Monitoring Service for Credit

Managers

Risk Reporting Service

Outsourced Middle Office Solution

Depository “Lite” Service

Outsourced REIT Servicing

Mortgage Origination & Servicing

Solution

FATCA Reporting

Solvency II Reporting

EMIR Reporting

Enhanced Client Portal

Automated Financial Statement

Preparation Tool

Voice Recognition Embedded w/in Fund

Admin. IOS AppCloud-Based Hosting & Mobile Private

Equity Admin. Offering

Retirement Plan Health Analytics

Retirement Plan Health Dashboard w/

Analytics & Benchmarking

SS&C Singularity

Learning Center – Investor Education & Content

Advisor Workstation & Practice

Management

Page 17: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Unrivaled Portfolio of Capability

17

2010 2011 20152013 20142012 2016 2017 2018

PORTIA

$169 million

GlobeOp

$789 million

Prime Management

DST Global Solutions

$95 million

Advent Software

$2.7 billion

Citi AIS

$296 million

Salentica

Wells Fargo Fund Services

$73 million

Conifer Financial Services

$87 million

ModestSpark

Commonwealth

Fund Services

DST Systems

$5.4 billion

Geller Investment

Partnership Services

CACEIS North

America

Eze Software

$1.45 billion

SS&C has built through acquisitions one of the strongest portfolios

of intellectual property in investment systems and services

Intralinks

$1.5 billion

Page 18: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Proven Acquisition Track Record

18

Date

Acquisition

Purchase Price

Margin

Improvement

Demonstrated ability to improve operating margin

2011 2013 2014 2016 2014 2016

Financial Models

Company

Thomson Reuters

PORTIA DST Global AdventGlobeOp

Low 30s39%

51%

Mid-teens

April 2005 May 2012 June 2012 November 2014 July 2015

$159mm $170mm $834mm $95mm $2.6bn

47%

Mid 30s

(1) Pre-acquisition margin is calculated by dividing adjusted EBITDA by revenues, in each case for the last 12 months available prior to the acquisition by SS&C. Pre-acquisition adjusted EBITDA is calculated from

financial information provided by the acquiree and may not be calculated in exactly the same manner as post-acquisition consolidated EBITDA as described in footnote (2), although management believes the

calculations to be similar in all material respects.

(2) Post-acquisition margin is calculated by dividing consolidated EBITDA by revenues, in each case for the 12 months ended for the period presented. Post-acquisition consolidated EBITDA is calculated as

EBITDA, as defined below, adjusted to exclude stock based-compensation, capital based taxes, EBITDA of acquired businesses and costs savings, non-cash portion of straight-line rent expense purchase

accounting adjustments and other adjustments permitted in calculating covenant compliance under the SS&C credit facilities. EBITDA represents net income before interest expense, income taxes, depreciation

and amortization.

(1) (2) (1) (2) (1) (2)2005 2007 2010 2013

Mid-teens

48%

Mid 30s

57%

(1) (2) (1) (2)

Page 19: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Proven Acquisition Track Record

19

Date

AcquisitionPurchase

Price

Margin

Improvement

Demonstrated ability to improve operating margin

Q2 2018 2021

DST Systems Eze Software Intralinks

41%45%

April 2018 September 2018 TBA

$5.5 bln $1.45 bln $1.5 bln

(1) Pre-acquisition margin is calculated by dividing adjusted EBITDA by revenues, in each case for the last 12 months available

prior to the acquisition by SS&C. Pre-acquisition adjusted EBITDA is calculated from financial information provided by the

acquiree and may not be calculated in exactly the same manner as post-acquisition consolidated EBITDA as described in

footnote (2), although management believes the calculations to be similar in all material respects.

(2) Post-acquisition margin is calculated by dividing consolidated EBITDA by revenues, in each case for the 12 months ended for

the period presented. Post-acquisition consolidated EBITDA is calculated as EBITDA, as defined below, adjusted to exclude

stock based-compensation, capital based taxes, EBITDA of acquired businesses and costs savings, non-cash portion of

straight-line rent expense purchase accounting adjustments and other adjustments permitted in calculating covenant

compliance under the SS&C credit facilities. EBITDA represents net income before interest expense, income taxes,

depreciation and amortization.

(1) (2)Q3 2017 Q3 2018 2017 2021

Mid-teens

34% 37%

48%

(1) (2) (1) (2)

Margin Improvement from the

following buckets:

• Operational efficiency

• Facility consolidation

• Vendor contract negotiation and

reduction

• Productivity

Page 20: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

RAHUL KANWAR, President and COO

Page 21: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

SS&C – Front to Back Solutions for the Financial Services Industry

21

SS&C GlobeOp SS&C

IntralinksSS&C DST SS&C EzeSS&C Advent

SS&C Institutional

& Investment

Management

Targeted

Solutions

Asset Management &

Alternatives

• Outsourced Middle

& Back Office

Business

Processing

• Tax Reporting

• Performance and

Risk Analytics

• Investor Relations,

Reporting, & Portal

Self-Services

• Pre, Post, &

Hypothetical Trade

Compliance

Asset Management,

Alternatives, &

Wealth Management

• Portfolio

Management &

Accounting

• Data Aggregation,

Normalization, &

Validation

• Standard &

Customized

Reporting

Solutions

• Margin & Finance

Management

Mutual Funds,

Healthcare, &

Retirement Plans

• Retirement Solutions

• Business Process

Outsourcing

• Broker-Dealer

Services & Solutions

• Wealth Management

Software

• Pharmacy Solutions

• Healthcare

Administration

Insurance Companies,

Investment Managers,

Pensions, & REITs

• Asset Management

Investment

Accounting Solutions

• Client Communication

Origination and

Distribution

• Client Engagement

and Portals

• Reconciliation

• Performance

Measurement and

Performance

Attribution

Deal Making, Capital

Markets, & Global

Banking

• M&A Due Diligence

• Capital Raising

• Investor Reporting

• Debt Financing

Alternatives, Long-only

Asset Management

software solutions

• Order Management

• Execution

Management

• Compliance

• Commission

Management

• Investor Accounting

• Portfolio Management

& Accounting

Targeted software

solutions for the

Financial Services

Industry

• Financial Institutions

• Financial Markets

Group

• FIX Trading

Connectivity

• Property

management

• SS&C Learning

Institute

Page 22: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Simplifying Operational Complexity

22

With SS&C, clients get the benefits of

outsourcing, without losing control

Transparent

• Full data access

• 24/7 availability

• Workflow dashboards

Modular

• Fully integrated technology stack

• Component-based

Configurable and Flexible

• Consultative solution design

• Full implementation or phased approach

• “pick and choose” services

Scalable

• Ability to grow with our customers

• Trade compression

Page 23: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

• Enroll all clients into Client Monitoring Program (CMP)

• Focus on solution delivery

• Identify value add cross-sell and upsell opportunities

Maximize client relationships,

focus on client satisfaction

• High quality client service teams

• Enhance products with emerging technologies (AI, Robotics, Blockchain)

• Enhance top talent program

• Incentivize with stock-based compensation and bonus eligibility

• Management training

• Mobility between business units

SS&C Strategic Focuses

23

Attract, Develop, and Retain

Talent

Provide superior service and

unrivaled software

• Judicious expense management

• Reduce vendor dependency

• Set margin targets

Improve profitability across all

businesses and acquisitions

Page 24: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Improving Profitability and Revenue and Driving Customer Satisfaction

24

GlobeOp

Advent

Software

Citi Alternative

Investor

Services

• Eliminated 330 contract staff positions

• Exited 27 vendor relationships

• Achieved $45 million in cost synergies

ahead of 3 year plan

• Increased R&D in core products, shut down

initiatives that were not gaining traction

• Location strategy for new hires

• Facilities consolidation

• Slowed hiring in India office

Profitability Improvements Revenue Growth

• Higher client satisfaction

• Lower client attrition in the years post-merger

• Signed multi-year contracts with fund administration

Geneva clients

Margin Improvement

4,000

bps

900 bps

1,200

bps

• In 2017, a large multi asset manager increased AUM

with Citi by $10 billion

• Won a $30 billion hedge fund

• Added $20 billion in assets from SS&C GlobeOp to

the Citi client service team to leverage credit

expertise

• Enhanced offerings related to regulatory solutions,

loan administration, middle/back office capabilities

• Loan administration grew to $55 billion AUA

• Regulatory solutions group has over 750 clients

Page 25: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Increase Revenue Decrease Expense

Improving Profitability at DST

Significant Opportunity to X-sell solutions to

existing clients

Representative X-sell opportunities that have already been

identified:

• New Client to both orgs: $3.2mm joint opportunity for

DST AWD and SS&C BRIX products

• Existing DST client: $1-1.5mm for a Recordkeeping for

Institutional Cash Mgmt platform leveraging SS&C

Tradex and Web Portal and DST TA2000

• SS&C prospect: $1.8mm deal for SS&C Geneva Fund

Admin/Accounting and DST TA2000

Leverage Capabilities to Develop Solutions and

Reduce Spend

• Reduce redundancies in development projects

• Leverage SS&C’s GoCheck/GoSell as a CRM solution

• Utilize Fund Services Portal as a client portal for ALPs

and reporting tool for Pharmacy

• Expand SS&C Learning Institute in DST organization

Leverage combined purchasing power to

reduce expense

• Market data, Telephony, Significant Software providers

25

Page 26: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

DST Integration Highlights

26

Client Outreach

• 170+ client

discussions

• CMP program

Employee Outreach

• Townhalls in Kansas

City, London,

Boston, and

Birmingham offices

• Options granted to

6,900 employees

Revenue Focus

• Weekly calls to

discuss at-risk

clients, quarterly

revenue, and

pipeline

• DST now using

GoSell

Expense Management

• Headcount

management

• Over $5,000 in

expenses need to be

approved by senior

leadership

Key Milestones at DST since April 2018…

Focus areas going forward…

Build Sales Team

and Culture

Further Expense

Reductions

Complete Key

Integration Activities

Page 27: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

Further expands SS&C’s MarketTrader platform and

enhances SS&C’s front office capabilities

Both SS&C and Eze benefit from increasing

regulatory burdens, globalization, digitalization and

increased outsourcing

SS&C will be able to leverage its existing long only

relationship to expand Eze’s offering into this market

Financially attractive transaction, with identified cost

savings and cross-sell opportunities

On October 1st, SS&C Technologies Inc. acquired Eze Software Group for $1.45bn in cash. Eze is a leading

provider of software and trading solutions and technology services for hedge funds.

SS&C’s Acquisition of Eze Software

27

• Purchase price represents 13.8x FY2017

EBITDA and 10.7x based on run-rate

synergies of $30mm

• Immediately accretive to Adj. EPS for SS&C

before synergies

• 1,000 + talented employees

Overview Transaction Rationale

Page 28: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

28

1. Sales force coordination and integration

2. Product bundling with Advent Software products, SS&C Singularity and Eze

OMS systems

• Commercialize product bundles such as Eze OMS + Geneva and Eze OMS +

Singularity to drive more sales

• Improve technical integration

3. Consistency in service model for mutual clients

• Determine best account coverage and models to ensure a great client

experience

4. Hosting and Outsourcing

• Offer managed services to Eze clients

• Utilize SS&C’s data centers

5. Identifying upgrade opportunities

• Moxy hedge funds to Eze

• Tradar PMA client to Geneva

$280mm~99% recurring

Subscription Recurring

71%

Usage-Based Recurring

28%

One-Time1%

Buyside39%

Sellside56%

Other5%

Total 2017 Revenue

Revenue by characteristic

Revenue by client

Eze Software Acquisition Opportunities

Page 29: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

SS&C’s Acquisition of Intralinks

29

• Purchase price represents 10.9x expected 2018

adj. EBTIDA and 9.8x based on $15 million run-

rate synergies

• Immediately accretive to Adj. EPS for SS&C

before synergies, and leverage neutral

• 800+ talented employees

• The acquisition is expected to close in the fourth

quarter subject to clearances by the relevant

regulatory authorities and other customary

closing conditions

Strong financials with top line growth of 8-9%

per annum, recurring revenues, and high

operating margins

World class, secure technology that is

leveragable throughout our enterprise

Clear cross sell and upsell opportunities with

Intralink’s 4,500 bank, alternative, and blue

chip corporate clients

On September 6th, SS&C Technologies Inc. announced an agreement to acquire Intralinks for $1.5 billion,

consisting of $1 billion in cash and $500 million in SS&C stock. Intralinks is a leading financial technology

provider for the global banking, deal making and capital markets communities.

Overview Transaction Rationale

Page 30: Safe Harbor Statement...HR / Finance back-office support Deployed Trialing ... CO-SOURCING SERVICES Customer Unique and Leveragable Business Model 12. Collection of Experts •CPAs,

30

Banks

Corporate

Alternative Investments

Law Firms

10%5%

45%

40%

Cross-sell opportunities at Intralinks

Intralinks Acquisition Opportunities

~4,500 Clients

1. Sales force coordination and integration

• Coordinate and expand global coverage

2. Bring Intralink’s M&A deal management capabilities to SS&C clients

• Expands scope of SS&C offerings for Private Equity, Hedge fund,

and Real estate clients

• Offer Intralinks M&A offerings to additional SS&C financial services

clients

• Expands the global ecosystem of private and capital market

dealmakers served by Intralinks analytics and insights

3. Offer fund administration and managed services to Intralinks clients

• Determine best account coverage and models to ensure a great

client experience

4. Integrate investor portal capabilities

• Provide Intralinks and SS&C fund reporting information through a

common portal for investors

• Integrate technology platforms

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PATRICK PEDONTI, CFO

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High Margin Business Model

32

$135 $151$220

$292 $320$442

$612$696

$1,248 E*

$329 $371

$553

$713$768

$1,056

$1,524

$1,683

$3,426 E41%41%

40%

41%42% 42%

40%

41%

36%*

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

2010 2011 2012 2013 2014 2015 2016 2017 2018 E

Adjusted Consolidated Ebitda Adjusted Revenue EBITDA Margin

• Strong Revenue performance and

high margin business model

• Q3 2018 Adjusted Revenue

increased 139.0% to $1002.9

million compared to Q3 2017

• Q3 2018 Adj. Con. EBITDA is

$365.9 million, increased 104.6%

since Q3 2017

• DST synergies implemented

• $200 million annual run-rate

* Analyst Estimates

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Adjusted Diluted EPS Since 2010 IPO

33

• Driven by organic

growth, acquisitions,

cost synergies, and

deleveraging

• 45.0% adj. EPS growth

in 2018

• 25.7% CAGR since

SSNC’s 2010 IPO

$0.45 $0.54

$0.71

$0.99

$1.18 $1.33

$1.64

$1.93

$2.81 E

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

$3.00

2010 2011 2012 2013 2014 2015 2016 2017 2018 E

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6.8x

3.0x

4.2x

1.5x

4.5x

2.9x

4.8x

4.0x

2005 2010 2012 2015 2015 2017 Apr-18 Q3 18(1) (3) (4) (5)(2)

Historical Leverage (reflected as net debt / consolidated EBITDA)

SS&C LBO SS&C IPOAcquisition of

GlobeOp

33 months

post GlobeOp

27 months

post Advent

Acquisition of

Advent

(1) Balance sheet data and LTM consolidated EBITDA as of 9/30/05, as adjusted to

give effect to the debt incurred related to the leveraged buyout.

(2) Balance sheet data and LTM consolidated EBITDA as of 3/31/10.

(3) Balance sheet data and LTM consolidated EBITDA as of 6/30/12.

(4) Balance sheet data and LTM consolidated EBITDA as of 3/31/15.

(5) Balance sheet data and LTM consolidated EBITDA as of 9/30/15.

(6) Balance sheet data and LTM consolidated EBITDA as of 12/31/17.

(7) Balance sheet data as of 4/16/18 closing of DST transaction. LTM consolidated EBITDA as of 12/31/17.

Consolidated EBITDA assumes $150mm of identified DST synergies at 4/16/18.

(8) Balance sheet data and LTM consolidated EBITDA as of 6/30/18. Consolidated EBITDA assumes $175mm

of identified DST synergies at 6/30/18.

(6)

5 months post

DST Systems

(8)

Acquisition of

DST Systems

(7)

Successful History of Deleveraging

34

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Leverage Guidance for 2018-2019

35

4.0x

4.7x

3.9x – 4.0x

Actual 9/2018 Estimated 12/2018 Target 12/2019

Estimated leverage for Dec. 2018

Assumes:

- Eze Software debt of $875 million

- Intralinks close in Q4 2018, with

debt of $1.0 billion

• 2019 FCF approximately

$1.0 billion

• Capital expenditures range

2.6% - 3.0% of revenue

• Dividends are $83.0 million

a year

• Interest rate is LIBOR +

225/250

Target leverage for Dec. 2018

Assumes:

- All FCF used for debt pay-down

- EBTIDA growth organically and

from acquisitions

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Revenue Distribution

36

84%

11%

2%2% 1%

96%

4%

LTM 9/30/18 Business Distribution

$ USDRecurring

LTM 9/30/18 Currency Exposure

Other: € EUR, RM, ฿ THB, $ SGD, ZAR, ¥

CNY, $ HKD

Non-Recurring

77%

18%

5%

LTM 9/30/18 Geographic Distribution

Americas

EMEA

APAC$ AUD

$ CAD

£ GBP

Other

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Stable Revenue Streams with diverse pricing models

37

• Alternatives primarily priced on Assets under Administration, with minimums

and fixed fee services

• SS&C DST’s transfer agency falls under institutional/traditional, and is priced

by # of accounts and # of transactions

• The remaining 50% of the business is a term license model with price

increases at renewal

• Predictable revenue streams with over 95% recurring revenue

• Sticky customer base, SS&C provides mission critical software and services

to the financial services and healthcare markets

• Client revenue retention 95% LTM

• SS&C’s revenues dropped from $280 million in 2008

to $270 million in 2009, a 3.2% decrease

• SS&C’s revenue retention maintained 90%

• Acquired Evare, Maximus, TheNextRound, and

Tradeware in 2009

Performance During ‘08-’09 Recession

Alternative33%

Institutional / Traditional

45%

Wealth Management

7%

Targeted3%

Healthcare12%

Pro Forma 2017 revenue(1)(2)

$3.8bn

Revenue

• Advent’s revenues increased from $238 million in

2008 to $260 million in 2009, a 9.2% increase

• Advent’s EBTIDA margins increased 400 bps in this

time period

• DST’s operating revenues decreased from $1,143

million in 2008 to $1,115 in 2009 a 4.8% decrease

• The decrease in revenue is attributed to the shift from

traditional transfer agency to sub accounting, FX

impacts, client attrition

• Acquired Argus Pharmacy Solutions in March 2009

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Q&A

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BREAK

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SS&C DST SYSTEMS

Mike Sleightholme, SVP and General Manager

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SS&C DST Systems

Overview of Offerings:

Domestic and Int’l Financial Services Healthcare Services

• SS&C DST is a global provider of technology-based information processing and servicing solutions

• #1 market position in mutual funds with 58.3mm TA accounts

• #2 market position in brokerage with 51.6mm subaccounts

• Largest SaaS provider to the retirement industry with 7.2mm participants

• Serves 23 of 25 largest asset managers

• ~501mm pharmacy paid claims forecasted

• 21.9mm covered lives under Health Solutions

• Services some of the largest wealth managers in the UK and Australia

SS&C DST by the Numbers:

Pharmacy Solutions

~501 mm paid claims projected

for 2018

Health Solutions

21.9 mm Covered Lives

Asset/FundManager Solutions

58.3 million TA Accounts in US

5.5 mm fund accounts in UK

Brokerage Solutions

51.6 million Subaccounts

Retirement Solutions

Largest SaaS Provider

ALPS

43 Proprietary Products

Distribution Solutions

23 of 25 Largest Asset Managers

Wealth MgmtSolutions

Servicing Largest Wealth Mgmt Firm in

UK

41

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DST Business Overview – Global Financial Services

• Clients seeking operating leverage

• End-client engagement through digital and mobile is key

• Importance of data and analytics

• Crowded and emerging wealth management market

• Capitalize on increasing demand for outsourced BPO services

• Infrastructure as a Service

• Leverage full suite of SS&C tools to create custom solutions to meet client needs

• Create operational efficiency through workflow automation

• Retirement Services – BPO and SaaS

• Robotics and AWD Workflow

• Create seamless global digital capabilities

• Creation of more integrated global TA services

• Expanding capabilities in data and analytics including across Health and Wealth

• AWD sales across Health, Banking and other sectors

Market Overview SS&C/DST Opportunities Our Key Focus Areas

42

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DST Business Overview – Healthcare Services

• Healthcare Administration is fairly mature but offers growth as payers seek to focus on care management and quality outcomes

• Pharmacy Benefit Manager (PBM) consolidation with players (CI/ESI, DVS, AET)

• Health Outcomes Optimization leveraging predictive analytics

• Payment innovation/value based constructs

• Market disruption driving clients to look for neutral alternatives

• Data and Analytics

• Revenue management

• Patient engagement

• Quality performance

• Traditional – rebates, network, clinical programs

• Pharmacy and Specialty Analytics

Market Overview SS&C/DST Opportunities Our Key Focus Areas

43

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SS&C GLOBEOP - HEDGE FUNDS

Ken Fullerton, SVP and Managing Director

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SS&C GlobeOp - Hedge Fund Services

Overview of Offerings:

Investor Services

Middle / Back Office Solutions

Tax Services / Audit Support

NAV Production

Regulatory Solutions

• SS&C GlobeOp is the leading Fund Administrator with over 1.6 Trillion in alternative assets under administration

• Hedge Fund AUA: 830 BN

• # of Hedge Fund clients: 1,500

• # of Funds: 7,400

• Onboarded 1,720 Funds since Q1 2017

• 814 funds added from new clients

• 906 funds added from existing clients

• 4,350 staff globally, management team has more than 20+ years average experience

• Locations: 11 countries (US, Europe, Asia) / 30 offices

Managed Services

45

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Market Analysis – Hedge Fund Services

• Technology Ownership

• Comprehensive Service Offering

• Global Footprint

• Organizational Agility

• Depth and Diversity of our Employees

• Diversity of Client

• Asia-Pacific Market

• Managed Account Platforms

• Asset Allocators

• Credit / Bank Loan Funds

• Acquisition cross sells

Strengths Opportunities

46

$0

$200

$400

$600

$800

$1,000

Q42015

Q12016

Q22016

Q32016

Q42016

Q12017

Q22017

Q32017

Q42017

Q12018

Q22018

Q32018

SS&C Hedge Fund AUA ($bil)

459

594 580633

584660 657 707 715

781830 830

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Key Initiatives

1. Data Aggregation Solutions

2. Outsourcing growth - MBO solutions

3. Technology – Artificial Intelligence

47

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SS&C GLOBEOP - PRIVATE EQUITY

Joe Patellaro, SVP and Managing Director

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Business Overview – Private Equity Services

• Industry Pioneer in asset class that continues to grow

• SS&C is the largest independent provider of Private Equity fund administration; Capital commitments of approximately $550bn under administration

• Currently service ~370 clients and 2000+ Funds as of September 2018

• Onboarded ~500 Funds and related entities since the beginning of 2017

• Seasoned team; Private Equity business leadership are long-term industry professionals with approximately 13 average years tenure in the Private Equity Services business; Global team of more than 600 Private Equity professionals across 16 offices

• Continued strong growth from Existing Clients in 2018

• Contractually recurring revenues with long-term fund structures and portfolios; predictable and stable revenue stream not impacted directly by market volatility

Interconnectivity across the organization with other SS&C products and services

Overview of Offerings:

Services Provided to Private Equity Fund Managers Services Provided to Investors

Portfolio Accounting & Administration

Portfolio Analytics and look-thru

Fund Accounting & Reporting

Investor Services

Management Company Accounting

& Reporting

U.S. Tax Services

49

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Private Equity Market – Continued Growth

0

500

1,000

1,500

2,000

2,500

3,000

3,500

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2016 2017 2018

Private Equity Funds in Market over Time Q1 2016 - Q3 2018

No. of Funds Raising Aggregate Capital Targeted ($bn)Source: Preqin,

$4.3 Trillion in committed capital raised the last twelve years

Per Preqin a record of 3,037 funds are on the road as of the start

of Q3 2018, targeting $948b, a 52% rise in the number of funds

raising capital compared to the beginning of Q3 2017, and a 40%

increase in aggregate capital targeted

Forbes magazine indicates that Private Equity fund sizes are at a

record high; the average fund size has nearly doubled in the past

6 years

Small to mid-market buyout funds continue to present best

opportunities according to investors

86% of investors surveyed by Preqin plan to maintain or increase

their investments in Private Equity over the coming year

53% of investors plan to increase their allocation to private equity

over the longer term, a record proportion.

Source Preqin,2018 unless noted otherwise

“Private equity is expected to overtake hedge funds in the next five years as the largest alternative asset class”, Preqin said,

which questioned 420 fund managers. Preqin predicts that the alternative assets industry, which includes private equity and

hedge funds, will reach $14 trillion by 2023. Alternative assets weighed in at $8.8 trillion at the end of 2017, Preqin said. "If

anything, we believe that $14 trillion is more likely to be too low than it is to be too high," said Mark O'Hare, Preqin's CEO, in a

statement.”

50

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Market Evolution“Given the illiquid and long-term nature of private equity, change within the asset class can sometimes appear

somewhat slow paced; however, we are probably in a period when there has never been so much change.” Preqin

Emerging

Managers /

Small Firms

Middle Market

Firms

Large Private

Equity Firms

Minimal internal infrastructure…people and systems

Technology and services needs; Fund Administration, Management Company and Tax

Heavy reliance on service provider

Successful relationships early on represent long-term clients

Large organizations in industry for many years; predominately self-administered

New product types and relationships may drive need to evaluate third party administration

Data is key!

Cost constraints as firms grow and potentially receive investment or go public

Larger firms with 20-60 employees; some infrastructure and systems

Have recently launched latest vintage fund (eg. Fund III or IV); $1B - $9B CCUM

Wide array of growing regulatory and investor requirements

Inflection point between finance and principals on optimal solution to take the firm forward

Allocators/

Investors

Large portfolios of private equity fund investments requiring granular tracking

Asset Manager relationships such as Fund of Ones and SMAs

Insurance Companies, Advisors, Family Office, Pensions, SWFs

Global reach

Size, scale, ability to grow rapidly

Technology

‒ Ownership of broad array of

components

‒ Transparency and Reporting

‒ Platform flexibility

‒ Investor Reporting

Breadth of entities we can support

beyond Fund

Innovation leader as industry matures

Ability to transact

Seniority and longevity of

management team

Ability to deliver broad array of

financial services products

Target Profiles Why SS&C

51

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Key Initiatives – Private Equity Services

1. Expand relationships with existing clients

2. Solutions for large Private Equity Firms

3. Middle Market Private Equity shift to third

party administration

4. Products and services aimed at front office

5. Industry connectivity and client access-

DST, Eze and IntraLinks

Maximize Growth

‒ Tax, Treasury and Portfolio Analytics

‒ Management Company

‒ Consultative approach

‒ Solutions for data

‒ Client access to information; comfort with model

‒ Investor focus on reporting and standards

‒ Portfolio Analytics for Allocators

‒ Packaged solutions with Intralinks

‒ Geographic coverage

‒ Increasing opportunity to cross sell to clients

52

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SS&C GLOBEOP - REAL ASSETS

Bhagesh Malde, SVP and Managing Director

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SS&C GlobeOp – Real Assets

Dedicated Real Assets division established in 2017 focusing on servicing Real Estate, Infrastructure & other Hard Asset funds

• 100 clients

• Real Asset Division Growth in 2018:

‒ 18 new clients added 171 fund level entities YTD September 2018

‒ 23 existing clients awarded new business in 2018

‒ 50% revenue growth (Q3 2017 – Q4 2018)

• Expansion in North America and EMEA with new teams in Atlanta, Boston, Los Angeles, London and Mumbai

• Hired more than 80 additional experienced professionals to service new business

• Operating model augmented with capabilities of SS&C internal partners

SS&C GlobeOp Real Assets by the numbers (as of 9/30/18):

54

Overview of Offerings

Accounting

Services

Investor

Services

Tax

ServicesCompliance & Regulatory

Services

Treasury

Services

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Market Opportunity – Real Assets

Open-ended funds4

• 600% growth in the number of active

funds from 2001 to 2017

• US and UK managers dominate the

space

1Cushman & Wakefield Capital Markets Report: WINNING IN GROWTH CITIES 2018/20192Preqin Market Data3KPMG, Real Estate Fund Administration 2.0, Insights from the 2018 outsourcing survey4 2018 Preqin Global Real Estate Report5 2018 BDC Roundtable, Eversheds Sutherland

Real Estate Fund Outsourcing

• Global investment rose 18% in the 12

months to June 2018

• Investment at record $1.8trn1; $500bn is

private capital2

• Most administered in-house

• Managers outsourcing to focus on real

estate investing, investors, and cost3

Source: Preqin Market Data

Business Development Companies5

• Aggregated assets of over $90 billion

• 64 BDC’s added since 2010

• BDC’s were managed internally historically with

outsourcing increasing over the last decade

0

500

1000

1500

2000

Real Estate AuM (USD bn)

DRY POWDER UNREALIZED VALUE AuM

0

100

200

300

400

500

600

Open-Ended Real Estate Fund Launches2001 - 2017

Funds in market Funds launched Funds Liquidated

0

10

20

30

40

50

60

70

80

90

100

pre-2005

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Growth of BDC's

Traded Non-traded Private

55

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Key Initiatives

1. Continue targeting Real Estate managers with in-house administration

2. Continue to support new managers in launching new funds

3. Organically grow with existing clients as fundraising continues

4. Leverage SS&C relationships

5. New product development to focus on BDC market opportunity

6. Pursue opportunities outside of North America

56

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INSTITUTIONAL AND INVESTMENT MANAGEMENT

Christy Bremner, SVP and General Manager

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Institutional & Investment Management (I&IM)

Overview of Offerings:

Data Aggregation Reconciliation

• I&IM is a global provider of financial investment software and services to Investment Managers and Asset Owners

• 1,300 client relationships in 57 countries

• Diverse customer base using front to back office solutions with 60% of clients outside of the US

• 70% of top Insurance companies

• 85% of top Asset Managers

• 70% of Third Party Administrators in Australia

SS&C I&IM by the Numbers:

Portfolio Accounting

Client Engagement and Portals

End Client Engagement and Communications Middle To Back Office Operations

Portfolio Management

Performance Measurement

Enterprise-wide reporting

58

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Global AUM $85T, growth 6%1

Global AUM $79T, growth 12%2

Global AUM $32T, growth 6%3

Wealth Management Asset Management Insurance

1. 2016- 2025 projected growth. Source: ”Asset & Wealth Revolution: Embracing Exponential Change: PWC.

2. 2017. Source: Boston Consulting Group, “Global Asset Management 2018: The Digital Metamorphosis”

3. 2018 AUM, USD in trillion. 2012-2020, projected growth. Source: “PWC Asset Management 2020: A Brave New World”, page 9.

Key drivers:

Accumulation of wealth

Expansion of investment types

Increased client centric reporting and client

self service

Key drivers:

• Supporting local markets with global

operations

• Tools to justify active management

• Compliance and regulation

Key drivers:

• Growth of alternative investments

• Cybersecurity, operational and regulatory

risk

• SaaS and outsourcing

Investment Management Market AnalysisConsolidation and competitive differentiation cut across all segments

59

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Key Initiatives

Continued focus and investment in Strategic Accounts driving expanded solution set

within existing customers;

• Products & Services

• Hosting and Outsourcing

New customer acquisition focus in key areas

• Solutions that drive customer engagement; communication, retention and growth

• Wealth and Asset management with broad solution set

Continued product/solution investments that will drive the above short and long term

• Product integration of offerings for Wealth, Insurance and Asset Management

• Leveraging key technology advancements to enable operational efficiency, elimination of

manual activities and provide better insights for users ( AI, bots, natural language processing,

user behavior analytics, machine learning and automaton)

60

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SS&C ADVENT

Rob Roley, SVP and General Manager

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SS&C Advent

Offerings by Segment:

Alternatives

• Advent Software (ADVS) was acquired by SS&C in 2015. Added Acquisitions of Salentica in 2016 and Modestspark in 2017

• Over 4,000 buy side clients across three main market segments

• Approximately 80% of existing business and 70% of new business from US market

• Operate in several different market segments and geographies with different competitive sets and macro trends

• R&D investment in new products to increase win rates, drive larger new opportunities and expand within existing clients

• Service and Sales focus on maintaining high 90’s renewal rates and increasing win rates with same/shorter sales cycles

• Continued focus on cross sell of other SS&C solutions into Advent client base

Overview

Wealth Management & Advisory Asset Management

Geneva

Global Investment Accounting

Syncova

Margin and Finance solution for brokers and

funds

Black Diamond Wealth Platform

Accounting, Reporting, Investor and Advisor

Experience

Modestspark & Salentica

Digital Client Engagement

and CRM

APX, Moxy Genesis Suite

Integrated Front, Middle and Back

office Solution

Tamale

Research Management

Data, Outsourcing and Technical Managed Services

62

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Wealth Management & Advisory

• Independent RIA Market has been growing over 10% CAGR for

last 5 years (2017 Cerulli US RIA Report)

‒ Driven by wirehouse breakaway trend and aided by

platforms and private equity capital, share of advisor

managed assets with independents grew from 15% to

23% from 2006 to 2016

‒ Attractive market dynamics attract a lot of players –

competition in this market is fierce

• Vast majority of new independents are small to medium sized

(<$1B AUM) and cite primary challenges of running a business,

compliance, technology and ops

• Our build/buy/partner strategy of providing a leading technology

and service ‘suite’ to this market has resulted in increased win

rates and tech wallet share

• Our current market share of ~15% of addressable market*

leaves ample headroom for growth

Market Landscape & Strategy

63

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Asset Management

• Overall market has been stagnant with few bright spots (ETF

managers, Middle East market)

• Consolidation creates opportunities for SS&C via “bake offs”

where we continue to have high win rates

• How asset managers adopt technology continues to trend to the

cloud and more managed services – our flexibility is a

differentiator

• Our growth is driven by a combination of several factors:

‒ Focus on Client Satisfaction and NPS Drives Continued

Strong Renewal Rate Trends and word of mouth lead

generation

‒ Expanded services, including SAAS offerings and

outsourced and co-sourced operational services

‒ International growth, particularly in MENA

‒ Genesis: new solution for Portfolio Managers that brings

the Advent suite to the front office

Market Landscape & Strategy

64

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Alternatives

• Continue to see blurred lines between alternative strategies and

between alternatives and asset management

• This trend creates demand for solutions that can accommodate

any global strategy within different vehicles and across

jurisdictions and accounting regimes

• Our focus with Geneva continues to be on deep expertise and

best of breed solution for portfolio management and investment

and investor accounting

‒ Recent Focus and wins in Closed End Hybrid Funds,

Private Debt, Institutional Managers with Complex

Investment Requirements

• We augment the core Geneva platform with add on capabilities

around data management and governance (Advent Lumis), data

access and reporting (Geneva EIS), financing and margin

optimization (Syncova) and outsourced managed services

(Advent Outsourcing)

Market Landscape & Strategy

22 of 25

Largest

Prime

Brokers

50+ Global

Asset

Managers

with Over

$2T total

AUM

41 Fund

Administrators

15 of the Top

30 Hedge

Funds by

AUM use

Geneva

65

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SS&C EZE SOFTWARE

Jeff Shoreman, SVP and General Manager

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SS&C Eze Business Overview

67

Global provider of best-in-breed software solutions and technology

services designed to maximize investment and operational alpha

for the entire institutional investment community.

Hosted, On

Premise,

Multi-Tenant

SaaS

Eze Order Management (Eze OMS)

Enterprise solution features portfolio

analytics, trading, compliance, order

management.

Eze Execution Management (Eze EMS)

Trader-focused solution features high-

speed execution platform with access to

liquidity venues/integrated market data

Eze Portfolio Management &

Accounting (Eze PMA)

Middle/back-office solution features

portfolio accounting, reporting, and

investor-level accounting

Eze Eclipse

Native, born-in-the-cloud investment

platform to manage the entire investment

process.

Serving 1900+ alternative &

traditional asset managers» More than 9,500 users in 50+ countries

» 75% hedge funds, 25% traditional/long-only

» ~40% of hedge funds with over $10b in AUM

» Asset managers with over $1T in aggregate

AUM use Eze

» Supports all assets and strategies: long/short,

credit, macro, long-only, pension, institutional,

ETFs. & more

» 750+ brokers/partners as trading destinations

1,100+ Professionals Globally» 14 locations / 5 continents

» Deep FinTech experience

» Average management tenure: 8+ years

» Founded in 1995

» SS&C acquisition closed on October 1st

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- $8.5 $27.9 $36.9

($1.1)

$14.7 $57.4

$91.4

$4.4

$55.3 $23.3

$46.5

$99.4 $70.6 $73.6

$46.9

$126.5

$194.5

($154.4)

($131.2)

$55.5 $70.6 $34.4

$63.7 $76.4 $43.8

($70.1)

$9.8

($11.1)

$39

$58

$96

$168

$167

$186

$257

$368

$375

$456

$491

$…

$626

$820

$973

$1,105

$1,465

$1,868

$1,407

$1,600

$1,917

$2,008

$2,252

$2,628

$2,845

$2,897

$3,018

$3,211

$3,244

90 92 94 96 98 00 02 04 06 08 10 12 14 16 YTD '18

Estimated Asset Flow ($b)

Hedge Fund AUM and Net Asset Inflows 1990-Present

Source: Hedge Fund Research

Projected Total IT Spending in OMS and EMS Segment,

2007 to 2019E (In $b)4

0.90.9 1.0 1.1 1.1 1.2

1.31.3

1.41.5

1.61.7

1.8

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018E 2019E

0.40.5 0.5

0.6 0.6 0.7 0.7 0.7 0.8 0.8 0.8 0.9 0.9

EMSOMSSource: Aite Group (2018)

Market Analysis

68

Asset Management Technology Market Continues to Grow

» Overall FinTech market ($48B) expected to grow 4-5%* annually

» OMS/EMS segment continues to grow at ~6.5% CAGR

» Drivers of growth: compliance requirements, regulation, demands for transparency, and

complexity of investment strategies

» SS&C Eze well positioned to take advantage of convergence of asset management

technologies and services

Hedge Fund Environment

» Despite recent macro environment, long-term hedge fund growth has been strong

» Recent combination of low market volatility and net outflows of assets has been a headwind

» SS&C Eze client trading volumes partially correlated to volatility and overall market volumes

» Reversal of these cyclical headwinds will provide opportunity to accelerate growth

* Based on 2018 Ovum Financial Markets Technology Spending Through2022

~6.5% CAGR

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1. Accelerate Eze Eclipse

• 55 clients following limited market release

• Further expansion into start-up/mid-size segment and new geographies

2. Continue expansion into traditional/long-only segment

• Currently represents ~25% of revenue

• Opportunity to accelerate as part of SS&C

3. Cross-sell with SS&C

• Highly complementary offerings in front-office/back-office technology and fund administration

4. Continue margin expansion and synergy realization

• Targeting $30m in synergies over next 3 years

• Increased margin by 10% over last 5-year cycle leveraging Hyderabad center, transition to agile, scale of client service terms

Key Initiatives

69

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INTRALINKS

Leif O’Leary, SVP and General Manager

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Intralinks: Market Leader with a Strong Track Record of Execution

Intralinks Solutions

• Intralinks is a SaaS, cloud-based FinTech provider for deal making, capital markets and global banking.

• We facilitate strategic initiatives like mergers and acquisitions, capital raising and investor reporting by enabling and

securing the flow of information

• Market leader with over 4,000 active customers and a blue chip customer roster which includes 99% of the Fortune 1000

• Leading innovator in financial technology

• Consistent track record of delivering profitable growth

• 800 employees in 15 countries around the world

M&A Due

Diligence

Capital

Raising

Investor

Reporting

Debt

Financing

Regulatory

ReportingCustomer

Journey

Company Overview

71

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Market Overview

72

Intralinks for M&AIntralinks for Alternative

Investments

Intralinks for Banking &

Securities

PE / RE Estimated Addressable IT Spend ($M)

~$2.6B

97.7

277.5

92.5

Banking & Securities: Segment TAM

Debt Capital Markets

Customer Journey

Secure Collaboration

~$470M

TAM

• Low levels of inflation

• Low interest rates / favorable debt market

• Record levels of private equity dry powder

• Deal-hungry corporate acquirers

• Cross-sector tech adoption driving M&A

• LPs pushing for data and transparency in

reporting

• More PE firms using fund admins

• Record year for PE fundraising

• Firms raising more capital across fewer funds

• Increase in LPs direct investing

• Automation and AI changing competitive

differentiation across the banking landscape

• Ongoing regulatory change/uncertainty results

in constant recalibration risk

• WM becoming pivotal to banks’ revenue and is

becoming more tightly integrated w/ some key

cap market products

Information Security & Governance market requirements:• Data privacy and security is more paramount than ever; key is to product but limit impact on productivity

• Blockchain considerations for transparency and validation of audits

• Use Artificial Intelligence to proactively identify risks

• Compliant reporting of all data room activities delivered in an on-demand, complete, and compliant fashion

• Mobile device usage continues to grow…markets want more features/capabilities

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Key Initiatives

Focus on Core Markets

• Mergers & Acquisitions

• Alternative Investments

• Banking & Securities

Build a Culture of Innovation

• Artificial Intelligence Center of Excellence

• Global Innovation Programs

Increase Operational Leverage

• System & Process Optimization

• Infrastructure Modernization

• Follow-the-Sun Global Sourcing Strategy

THE NEW

INTRALINKS

Innovation, Focus and Leverage: Transforming the Future of Intralinks

73

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TECHNOLOGY STRATEGY

Anthony Caiafa, Chief Technology Officer

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Technology @ SS&C Core Focus

Datacenters SecurityInfrastructure

Innovation

75

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Global datacenter footprint expansion

• Increased space for customer co-location

& managed hosting

• Additional capacity for private cloud

expansion

• State of the art critical infrastructure

• Start of the art security

• Increased global footprint and

redundancy

76

Data Centers

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Security

• Implementation of global SOC/SIEM

• Additional threat intelligence feeds

• Usage of ML(machine learning) against threat data

• Increased intelligence for internal/external vulnerabilities

• Increased Network & Host level control granularity

• Expanded Red Team / Blue Team exercises and practices

• Expanding already robust vulnerability management and

remediation policies

77

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Infrastructure Innovation

• Capacity upgrades globally

• Increased customer hosting capacity for

quicker TTM

• Self service quota management portals

• Enhancements on per VM alarming and

metrics

• Mutli-cloud Orchestration integrations

• New Data Science as a Service product

offerings

• Big Data ETL analytics engine product

offering

• API interaction focus for customers

accessing data

• New PaaS to speed up TTM

Private Cloud R&D

78

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SS&C SINGULARITY

Norm Boulanger, Vice ChairmanScott Kurland, Managing Director

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80

What Is SS&C Singularity?

The first smart

investment

operations and

accounting

system

• Learning from user behavior on the fly

• Proactively managing event workflows

• Optimizing relevant data views

• Monitoring user & counterparty productivity

Continuously improves efficiency,

accuracy and transparency by:

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81

Why is Singularity needed?

• Dated & inflexible architecture

• Heavy manual intervention

• Numerous custom workarounds

• Batch-based processing

• Long and painful release cycles

• Disparate data stores

• Siloed functionality by asset class

• High operating costs

• Cloud, web-enabled, microservices

architecture

• Automated workflow through machine

learning & robotics

• Flexible workflow-based rules engine

• Real-time operations & accounting updates

• Agile development and rapid deployment

model

• Unified database & interface across asset

classes

• Reduced total cost of operation

Industry Challenges with

Current Solution Providers

Singularity Competitive

Advantages

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Key Singularity Accomplishments to Date

• Created middle office,

operations and n-basis

accounting support across

multiple asset classes

including Fixed Income, FX,

Equities, Exchange Traded

and OTC Derivatives

• Leveraged AI, Robotics &

Machine Learning to

improve efficiency and

automation

• Implemented actionable

monitors to remedy

accounting and operational

anomalies

• Contracted with market

leading insurance company

for Singularity conversion

assessment

• 40+ NA & UK sales

presentations in Q3-Q4/18

via soft launch

• Ongoing pursuits with

market leaders across

multiple sectors

• 10+ debriefings with key

industry analysts &

consultants

• Production migration of first

asset management client

from CAMRA

• Multiple Hedge, Insurance,

Pension & REIT clients

moved from testing to

parallel processing

• Construction of “sandbox”

environment for key

insurance client data

• Material operational

efficiencies demonstrated

Product Development Market Penetration Client Conversions

82

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Key Revenue Drivers

1. Significant upgrade path for existing clients

2. Natural upsell opportunity for outsourcing services

3. Ability to outsell major competitors (Eagle, Simcorp, Clearwater,

Citco, State Street, SAP, Sungard, etc.) on new opportunities

4. Enhanced opportunity to collaborate with key industry analysts

and consultants on operational transformation initiatives

83

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Q&A