SS&C Technologies Holdings Inc (NAS:SSNC)
$ 62.96 -0.46 (-0.73%) Market Cap: 15.57 Bil Enterprise Value: 21.99 Bil PE Ratio: 25.08 PB Ratio: 2.42 GF Score: 88/100

SS&C Technologies Holdings Inc at Deutsche Bank Virtual Technology Conference Transcript

Sep 15, 2020 / 01:40PM GMT
Release Date Price: $61.27 (+1.27%)
Ashish Sabadra
Deutsche Bank AG, Research Division - Research Analyst

Good morning, everyone. I'm Ashish Sabadra, business and information services analyst at Deutsche Bank. We are excited to host Patrick Pedonti, CFO of SS&C.

Questions & Answers

Ashish Sabadra
Deutsche Bank AG, Research Division - Research Analyst

Patrick, we'll kick off the conversation with the discussion of the alternatives business. This business has been really resilient even during COVID with roughly 4.6% organic growth last quarter. I was wondering if you could help us understand what percentage of alternatives is coming from the private equity versus the hedge fund and the growth rates in the respective business? And how you think about the growth going forward? Thanks.

Patrick J. Pedonti
SS&C Technologies Holdings, Inc. - Senior VP & CFO

Thank you. Thanks for inviting us. So our alternatives business is about running at around $1 billion a year. Most recent quarter, hedge fund was probably somewhere around 76% of

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