SS&C Technologies Files 2024 Annual Report Amendment

TL;DR

SS&C filed its 2024 10-K amendment, updating financials including debt and stock info.

AI Summary

SS&C Technologies Holdings Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ending December 31, 2024. The filing, dated March 4, 2025, provides updated information and disclosures. Key financial elements mentioned include treasury stock, secured debt facilities, and senior notes, with specific references to a $5.5 billion senior notes due in 2027.

Why It Matters

This amendment to the annual report provides updated financial and operational details for SS&C Technologies, which is crucial for investors and stakeholders to assess the company's performance and financial health.

Risk Assessment

Risk Level: low — This filing is an amendment to an annual report, typically containing updated disclosures rather than significant new risks.

Key Numbers

• 2024-12-31 — Fiscal Year End (The period covered by the annual report amendment.)
• 2025-03-04 — Filing Date (The date the amendment was filed with the SEC.)

Key Players & Entities

• SS&C Technologies Holdings Inc (company) — Filer of the 10-K/A
• 2024-12-31 (date) — Fiscal year end
• 20250304 (date) — Filing date
• 0000950170-25-031295 (filing_id) — Accession Number
• 80 LAMBERTON RD (address) — Company business and mail address
• WINDSOR, CT (location) — Company city and state
• Five Point Five Senior Notes Due Two Thousand Twenty Seven (debt_instrument) — Specific debt mentioned

FAQ

From the Filing

0000950170-25-031295.txt : 20250304 0000950170-25-031295.hdr.sgml : 20250304 20250303215845 ACCESSION NUMBER: 0000950170-25-031295 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 120 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250304 DATE AS OF CHANGE: 20250303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SS&C Technologies Holdings Inc CENTRAL INDEX KEY: 0001402436 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 710987913 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34675 FILM NUMBER: 25701249 BUSINESS ADDRESS: STREET 1: 80 LAMBERTON RD CITY: WINDSOR STATE: CT ZIP: 06095 BUSINESS PHONE: 860-298-4500 MAIL ADDRESS: STREET 1: 80 LAMBERTON RD CITY: WINDSOR STATE: CT ZIP: 06095 10-K/A 1 ssnc-20241231.htm 10-K/A 10-K/A false 0001402436 false false true FY false 1 2 13 10 0.0208 .4 0001402436 us-gaap:TreasuryStockCommonMember 2024-12-31 0001402436 us-gaap:SecuredDebtMember ssnc:SeniorSecuredCreditFacilitiesMember 2024-12-31 0001402436 us-gaap:RevolvingCreditFacilityMember srt:MaximumMember 2022-12-28 2022-12-28 0001402436 us-gaap:LicenseAndMaintenanceMember us-gaap:CostOfSalesMember 2022-01-01 2022-12-31 0001402436 us-gaap:SeniorNotesMember ssnc:FivePointFiveSeniorNotesDueTwoThousandTwentySevenMember 2024-12-31 0001402436 country:US 2023-12-31 0001402436 ssnc:InternationalFinancialDataServicesLimitedPartnersMember 2024-12-31 0001402436 ssnc:SoftwareEnabledServicesMember us-gaap:CostOfSalesMember 2022-01-01 2022-12-31 0001402436 ssnc:BatteaClassActionServicesMember 2024-09-27 0001402436 us-gaap:OperatingExpenseMember ssnc:StockOptionsAndStockAppreciationRightsSARSMember 2022-01-01 2022-12-31 0001402436 us-gaap:SeniorNotesMember ssnc:FivePointFiveSeniorNotesDueTwoThousandTwentySevenMember 2019-03-28 0001402436 ssnc:EquityBasedIncentivePlanTwoThousandFourteenTwoThousandEightAndTwoThousandSixMember us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001402436 ssnc:BatteaClassActionServicesMember 2022-01-01 2022-12-31 0001402436 ssnc:StockOptionsAndStockAppreciationRightsSARSMember us-gaap:CostOfSalesMember 2024-01-01 2024-12-31 0001402436 ssnc:SoftwareEnabledServicesMember us-gaap:CostOfSalesMember 2024-01-01 2024-12-31 0001402436 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2022-01-01 2022-12-31 0001402436 us-gaap:EmployeeStockOptionMember 2024-01-01 2024-12-31 0001402436 ssnc:StockRepurchaseProgramMember 2022-01-01 2022-12-31 0001402436 ssnc:TimeBasedOptionAndStockAppreciationRightsMember 2024-12-31 0001402436 2022-12-31 0001402436 ssnc:DomanirxLlcMember 2024-12-31 0001402436 us-gaap:OperatingExpenseMember ssnc:RestrictedStockUnitsAndPerformanceBasedStockUnitsMember 2024-01-01 2024-12-31 0001402436 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0001402436 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-12-31 0001402436 ssnc:SoftwareEnabledServicesMember ssnc:RestrictedStockUnitsAndPerformanceBasedStockUnitsMember us-gaap:CostOfSalesMember 2022-01-01 2022-12-31 0001402436 us-gaap:RetainedEarningsMember 2021-12-31 0001402436 ssnc:SeedCapitalInvestmentsMember 2023-01-01 2023-12-31 0001402436 country:GB 2023-01-01 2023-12-31 0001402436 us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0001402436 us-gaap:ForeignCountryMember ssnc:TaxPeriodExpireBeforeBeingUtilizedInTwoThousandTwentyFiveMember 2024-12-31 0001402436 ssnc:RestrictedStockUnitsAndPerformanceBasedStockUnitsMember us-gaap:CostOfSalesMember 2023-01-01 2023-12-31 0001402436 ssnc:SoftwareEnabledServicesMember 2024-01-01 2024-12-31 0001402436 ssnc:InternationalFinancialDataServicesLimitedPartnersMember 2024-01-01 2024-12-31 0001402436 ssnc:TermLoanBSevenMember ssnc:SeniorSecuredCreditFacilitiesMember 2018-04-16 0001402436 us-gaap:EquitySecuritiesMember 2023-12-31 0001402436 ssnc:RestrictedStockUnitsAndPerformanceBasedStockUnitsMember 2023-01-01 2023-12-31 0