DGAP-News: Zurcher Kantonalbank Goes Live With SS&C–s Recon(TM)

SS&C Technologies

07.07.2011 18:13
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Zurich Cantonal Bank Expands Relationship With SS&C With Enterprise
Reconciliation Platform

WINDSOR, Conn., 2011-07-07 18:13 CEST (GLOBE NEWSWIRE) —
SS&C Technologies (Nasdaq:SSNC), a global provider of investment and financial
software-enabled services and software, today announced that Zurcher
Kantonalbank (ZKB), the largest cantonal bank and leading financial services
provider in the greater Zurich area, has expanded its relationship with SS&C
and gone live on Recon(tm) to improve operational efficiency and reduce
organizational risk.

ZKB is deploying Recon across multiple internal systems in the front- and
back-office to automate transaction and position reconciliations. This not only
eliminates time-consuming and error-prone manual processes but also provides a
clear audit trail and an improved break resolution workflow.

–After an extensive search and successful proof of concept, SS&C–s Recon proved
to be the best fit for our business,– said Dr. Markus Bader, Market Risk
Controller, ZKB. –SS&C personnel understood our requirements and Recon–s ease
of use and rapid deployment provided us with a quick return on our investment.–

–We are pleased to deliver a solution that provides a measurable return on
investment for our client,– said David Reid, Senior Vice President and Managing
Director, International, SS&C Technologies. –Having had an existing
relationship with ZKB for many years, we are delighted that the organization
has turned to SS&C to support its reconciliation needs. Automating their
process will help to deliver a faster ROI and we are delighted to play a key
role in their success.–

ZKB–s relationship with SS&C began in 2003 when it went live with TradeThru(tm),
SS&C–s integrated trading and treasury SaaS platform. TradeThru is used by ZKB
to process their interest rate and currency derivatives settlements, including
interest and cross currency swaps, FRA–s, Swaptions, and vanilla and exotic
options such as barrier options, no-touch / one-touch options, and digitals,
among other types.

About Zurcher Kantonalbank

With total assets of over CHF 110 billion, ZKB is the largest cantonal bank and
the leading financial services provider in the greater Zurich area. ZKB offers
a comprehensive range of financial services to clients, whether in the private,
public or corporate sector. Zurcher Kantonalbank is wholly owned by the Canton
of Zurich. More information can be found at: www.zkb.ch.

About SS&C Technologies

Celebrating its 25th year, SS&C is a global provider of investment and
financial software-enabled services and software focused exclusively on the
global financial services industry. Founded in 1986, SS&C has its headquarters
in Windsor, Connecticut and offices around the world. 5,000 financial services
organizations, from the world–s largest to local financial services
organizations, manage and account for their investments using SS&C–s products
and services. These clients in the aggregate manage over $16 trillion in
assets.

Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, Linkedin and Facebook.

The SS&C Technologies Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7358

CONTACT: Patrick Pedonti
Chief Financial Officer
Tel: +1-860-298-4738
E-mail: InvestorRelations@sscinc.com
News Source: NASDAQ OMX

07.07.2011 Dissemination of a Corporate News, transmitted by DGAP –
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: SS&C Technologies

United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901258254
WKN:

End of Announcement DGAP News-Service

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