Exhibit 99.1

For immediate release

For Immediate Release

Contact:
  Patrick Pedonti
  Chief Financial Officer
  Tel: +1-860-298-4738
  E-mail: InvestorRelations@sscinc.com

SS&C Technologies Announces 2008 Fourth Quarter and Year End Results

WINDSOR, CT — March 16, 2009 — SS&C Technologies, Inc.(www.ssctech.com), a global provider of financial services software and outsourcing solutions, today announced financial results for the fourth quarter and full year ended December 31, 2008. Revenue for the fourth quarter and the year 2008 was $68.3 million and $280.0 million respectively. Revenue for the full year 2008 increased $31.8 million, or 13%, compared to 2007. Revenue for the fourth quarter of 2008 was essentially flat at $68.3 million compared with $68.4 million in Q4 2007. Net income, on a GAAP basis, for the fourth quarter and the year 2008, was $6.5 million and $18.8 million, respectively.

Adjusted operating income (a non-GAAP financial measure defined in note 1 to the attached Consolidated Condensed Financial Information) for the year was $103.9 million, compared to $89.3 million for the prior year, an increase of 16%. GAAP operating income for the year 2008 was $65.1 million and includes amortization of $30.2 million, stock-based compensation costs of $7.3 million and other adjusted items of $1.3 million. Adjusted operating income in the fourth quarter of 2008 was $25.3 million, compared to $26.2 million in the fourth quarter of 2007, a decrease of 3%. GAAP operating income in the fourth quarter of 2008 was $16.4 million and includes amortization of $7.5 million, stock-based compensation costs of $1.9 million and other adjusted gains of $0.5 million. Consolidated EBITDA (a non-GAAP financial measure defined in note 2 of the Consolidated Condensed Financial Information) for 2008 was $115.5 million, compared to $98.7 million in 2007, an increase of 17%. Consolidated EBITDA for the fourth quarter of 2008 was $28.3 million, compared to $29.0 million in the fourth quarter of 2007, a decrease of 2%.

Revenues/Operating Income

“Despite challenging markets, we managed to maintain our trend of double digit revenue growth in 2008. Our recurring revenue, which includes both maintenance and Software as a Service (SaaS) revenue, continued to grow to $230.8 million, an increase of 14% over 2007,” says Bill Stone, chairman and CEO of SS&C Technologies, Inc. “Our consolidated EBITDA of $115.5 million in 2008 over $98.7 million in 2007 reflects not only the year-over-year growth we accomplished, but also our diligence in managing expenses. We anticipated a slowdown in the fourth quarter and moved quickly to reduce headcount by 9% on November 1, 2008. The associated costs of this reduction have been expensed in the fourth quarter; the impact net of savings was $0.2 million.”

Balance Sheet and Cash Flow

“We ended the year with $29.3 million cash on our balance sheet and a total debt position of $408.7 million for a net debt of $379.4 million. We generated net cash from operating activities of $61.7 million for the year and have used that cash to invest in our business, acquire the MDS business and pay down $25.6 million of our debt. Our consolidated total leverage, as defined in our senior credit facility, is now 3.3 times consolidated EBITDA as compared with 6.8 in 2005,” says Stone.

Business Environment

“Despite the environment, we see opportunities as financial institutions begin to evaluate their technology spend, which is their largest discretionary expense item. SS&C products and services have a tremendous return on investment and a low risk of implementation. Our Software as a Service (SaaS) offerings represent proprietary know-how with an extremely well-trained, knowledgeable workforce,” Stone explained.

“Independent fund administration is in high demand today and SS&C is built on accounting breadth and depth, delivered on a highly controlled, flexible platform. We feel very confident with our competitive position.”

MDS Acquisition

“On October 1, 2008, we acquired Micro Design Services in Parsippany, NJ for $17.9 million. The company specializes in real-time order routing and execution services for the large exchanges and brokerage firms around the world. This deal provides us access to cross sell our products to the stock exchanges and brokerage community, segments that have not traditionally been strong for us. We are pleased with the progress of the integration thus far.”

Earnings Call

SS&C’s Fourth Quarter and 2008 earnings call will take place at 1:00 p.m. eastern time on March 16, 2008. The call will discuss Fourth Quarter and 2008 results. Interested parties may dial 877-680-2259 (US and Canada) or 706-679-6413 (International) and request the “2008 4th Quarter Earnings Conference Call”, conference ID #90060764. A replay will be available after 4:00 p.m. eastern time on March 16, until midnight on March 23, 2009. To hear the replay, dial 800-642-1687 or 706-645-9291 and enter the access code #90060764.

This press release contains forward-looking statements relating to, among other things, the market’s continued acceptance of the Company’s products and services. Such statements reflect management’s best judgment based on factors currently known but are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, the Company’s ability to finalize large client contracts, fluctuations in customer demand for the Company’s products and services, intensity of competition from application vendors, delays in product development, the Company’s ability to control expenses, general economic and industry conditions, terrorist activities, the Company’s ability to integrate acquired businesses, the effect of the acquisitions on customer demand for the Company’s products and services, and those risks described in the Company’s filings with the Securities and Exchange Commission, including without limitation, the Company’s Annual Report on Form 10-K for the year ended December 31, 2007. The Company cautions investors that it may not update any or all of the foregoing forward-looking statements.

About SS&C Technologies

SS&C delivers investment and financial management services and software focused exclusively on the financial services industry. By leveraging expertise in common investment business functions, SS&C cost effectively serves clients in the different industry segments, including: 1) insurance entities and pension funds, 2) institutional asset management, 3) hedge funds and family offices, 4) treasury, banks and credit unions, 5) municipal finance, 6) real estate property management, 7) commercial lending and 8) financial markets. Additional information is available at www.ssctech.com.

SS&C TECHNOLOGIES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands)

		Three Months Ended								Year Ended
		December 31,				December 31,				December 31,				December 31,
		2008				2007				2008				2007
Revenues:
Software licenses		$	6,491			$	8,861			$	24,844			$	27,514
Maintenance			16,192				16,011				65,178				61,910
Professional services			5,657				5,110				24,352				17,491
Software-enabled services			39,947				38,461				165,632				141,253
Total revenues			68,287				68,443				280,006				248,168
Cost of revenues:
Software licenses			2,330				2,461				9,198				9,616
Maintenance			6,750				6,518				26,854				26,038
Professional services			4,212				3,965				16,118				14,277
Software-enabled services			21,830				21,819				90,263				78,951
Total cost of revenues			35,122				34,763				142,433				128,882
Gross profit			33,165				33,680				137,573				119,286
Operating expenses:
Selling and marketing			4,865				5,429				19,566				19,701
Research and development			6,463				6,665				26,804				26,282
General and administrative			5,431				7,403				26,120				24,573
Total operating expenses			16,759				19,497				72,490				70,556
Operating income			16,406				14,183				65,083				48,730
Interest expense, net			(9,998	)			(10,902	)			(41,130	)			(44,524	)
Other income, net			1,716				1,389				1,994				1,911
Income before income taxes			8,124				4,670				25,947				6,117
Provision (benefit) for income taxes			1,655				(916	)			7,146				(458	)
Net income		$	6,469			$	5,586			$	18,801			$	6,575

See Notes to Consolidated Condensed Financial Information.

SS&C TECHNOLOGIES, INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED BALANCE SHEETS
(in thousands)

		December 31,				December 31,
		2008				2007
ASSETS
Current assets:
Cash and cash equivalents		$	29,299			$	19,175
Accounts receivable, net			38,318				39,546
Deferred income taxes			3,777				1,169
Prepaid expenses and other current assets			4,327				9,585
Total current assets			75,721				69,475
Property and equipment, net			14,030				13,040
Goodwill			822,409				860,690
Intangible and other assets, net			215,193				247,290
Total assets		$	1,127,353			$	1,190,495
LIABILITIES AND STOCKHOLDER’S EQUITY
Current liabilities:
Current portion of long-term debt		$	2,101			$	2,429
Accounts payable			1,821				2,558
Income taxes payable			4,898				3,181
Accrued employee compensation and benefits			13,640				11,668
Other accrued expenses			11,561				10,053
Interest payable			2,007				2,090
Deferred maintenance and other revenue			30,844				29,480
Total current liabilities			66,872				61,459
Long-term debt, net of current portion			406,625				440,580
Other long-term liabilities			9,991				10,216
Deferred income taxes			56,612				65,647
Total liabilities			540,100				577,902
Total stockholder’s equity			587,253				612,593
Total liabilities and stockholder’s equity		$	1,127,353			$	1,190,495

See Notes to Consolidated Condensed Financial Information.

SS&C TECHNOLOGIES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)

		Year ended
		December 31,				December 31,
		2008				2007
Cash flow from operating activities:
Net income		$	18,801			$	6,575
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			35,038				35,047
Stock compensation expense			7,323				10,979
Foreign exchange gains on debt			—				(768	)
Amortization of loan origination costs			2,328				2,317
Equity losses on long-term investment			2,098				187
Loss on sale or disposal of property and equipment			1				105
Deferred income taxes			(7,368	)			(6,115	)
Provision for doubtful accounts			865				336
Changes in operating assets and liabilities excluding effects from acquisitions:
Accounts receivable			(1,301	)			(6,635	)
Prepaid expenses and other assets			(2,742	)			(1,723	)
Accounts payable			(494	)			101
Accrued expenses			1,581				10,745
Income taxes payable			2,552				2,790
Deferred maintenance and other revenues			2,973				3,116
Net cash provided by operating activities			61,655				57,057
Cash flow from investing activities:
Additions to property and equipment			(6,746	)			(7,717	)
Proceeds from sale of property and equipment			2				8
Cash paid for business acquisitions, net of cash acquired			(17,864	)			(5,130	)
Net cash used in investing activities			(24,608	)			(12,839	)
Cash flow from financing activities:
Cash received from borrowings			—				5,200
Repayment of debt			(25,574	)			(42,688	)
Transactions involving SS&C Holdings common stock			42				80
Net cash used in financing activities			(25,532	)			(37,408	)
Effect of exchange rate changes on cash			(1,391	)			647
Net increase in cash and cash equivalents			10,124			$	7,457
Cash and cash equivalents, beginning of period			19,175				11,718
Cash and cash equivalents, end of period		$	29,299			$	19,175

See Notes to Consolidated Condensed Financial Information.

SS&C Technologies, Inc. and Subsidiaries
Notes to Consolidated Condensed Financial Information

Note 1. Reconciliation of Operating Income to Adjusted Operating Income

Adjusted operating income represents operating income adjusted for amortization of acquisition-related intangible assets and purchase accounting adjustments for deferred revenue and other expenses. Adjusted operating income is presented because we use this measure to evaluate performance of our business and believe it is a useful indicator of the underlying performance of the Company. Adjusted operating income is not a recognized term under generally accepted accounting principles (GAAP). Adjusted operating income does not represent operating income, as that term is defined under GAAP, and should not be considered as an alternative to operating income as an indicator of our operating performance. Adjusted operating income as presented herein is not necessarily comparable to similarly titled measures. The following is a reconciliation between adjusted operating income and operating income, the GAAP measure we believe to be most directly comparable to adjusted operating income.

		Three Months				Three Months
		Ended				Ended				Year Ended				Year Ended
(in thousands)		December 31, 2008				December 31, 2007				December 31, 2008				December 31, 2007
Operating income		$	16,406			$	14,183			$	65,083			$	48,730
Purchase accounting adjustments			(65	)			(81	)			(289	)			(296	)
Amortization of intangible assets			7,522				7,630				30,160				29,896
Terminated IPO costs			(476	)			—				1,601				—
Stock-based compensation			1,918				4,466				7,323				10,979
Adjusted operating income		$	25,305			$	26,198			$	103,878			$	89,309

Note 2. Reconciliation of Net Income to EBITDA and Consolidated EBITDA

EBITDA represents net income before interest expense, income taxes, depreciation and amortization. Consolidated EBITDA, defined under our Credit Agreement entered into in November 2005, is used in calculating covenant compliance, and is EBITDA adjusted for certain items. Consolidated EBITDA is calculated by subtracting from or adding to EBITDA items of income or expense described below. EBITDA and Consolidated EBITDA are presented because we use these measures to evaluate performance of our business and believe them to be useful indicators of an entity’s debt capacity and its ability to service debt. EBITDA and Consolidated EBITDA are not recognized terms under GAAP and should not be considered in isolation or as an alternative to operating income, net income, or cash flows from operating activities. EBITDA and Consolidated EBITDA do 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. The following is a reconciliation between EBITDA and Consolidated EBITDA to net income.

		Three Months				Three Months
		Ended				Ended				Year Ended				Year Ended
(in thousands)		December 31, 2008				December 31, 2007				December 31, 2008				December 31, 2007
Net income		$	6,469			$	5,586			$	18,801			$	6,575
Interest expense, net			9,998				10,902				41,130				44,524
Income taxes			1,655				(916	)			7,146				(458	)
Depreciation and amortization			8,746				9,090				35,038				35,047
EBITDA		$	26,868			$	24,662			$	102,115			$	85,688
Purchase accounting adjustments			(65	)			(81	)			(289	)			(296	)
Unusual or non-recurring charges			(1,057	)			(1,456	)			1,445				(1,718	)
Acquired EBITDA and cost savings			—				—				2,379				135
Stock-based compensation			1,918				4,466				7,323				10,979
Capital-based taxes			332				412				1,212				1,721
Other			302				964				1,346				2,158
Consolidated EBITDA		$	28,298			$	28,967			$	115,531			$	98,667