SS&C Technologies (SSNC) 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference summary

Business transformation and demand environment

• Focused on leadership, R&D, and customer experience, leading to improved business positioning over the past two years.

• Broad product and operating model choices drive positive demand across global markets.

• Secular trends in wealth and retail alternatives are shifting the business mix and supporting growth.

Growth areas: GIDS, wealth, and alternatives

• GIDS has increased R&D and innovation, with global deals and improved customer experience fueling sustainable growth.

• Wealth and investment tech benefit from trends like direct indexing and high net worth client growth, with scalable processing solutions.

• Private markets and hedge fund segments show strong growth in 2024, with a dominant market position and renewed momentum.

Financial performance and outlook

• Q4 guidance reflects normalization after a strong Q3 and a prior-year quarter with non-recurring revenue.

• Medium-term organic growth guidance remains at 4–8%, supported by improved retention, pricing discipline, and business turnaround.

• Recurring revenue base expected to grow steadily, with special deals causing some quarter-to-quarter variability.