SS&C Technologies Acquires Open Information Systems, Inc.

OIS, located in Sandy Hook, Connecticut, provides web-basedsolutions that support critical applications for global financialinstitutions. Money Market Manager (M3) is used by banks andbroker/dealers for money market issuance services, specifically; M3provides issuing and paying agent functionality. Information Manageris a comprehensive tool for financial institutions, allowing banks toweb-enable core business applications for Internet transaction entry,scheduling, reporting, work flow management and third-partyinterfaces.

SS&C Chairman and CEO Bill Stone commented, "We are excited aboutthis acquisition. OIS' products add a powerful dimension to ourexisting suite of solutions to global financial institutions. OIS'suite of products gives us the ability to penetrate deeper into themoney market, custody, and security lending areas of these globalfinancial institutions. We are particularly excited about the talentand capability of Tom McMackin and his team, and the synergies we seewith our other global banking systems."

Tom McMackin, who will join SS&C as Senior Vice Present andGeneral Manager of this business unit said, "Our clients includeleading global banks, and our products meet their critical needs forfast delivery, high performance and security. We are excited about theavenue of possibilities SS&C opens for us. We are confidentaffiliating with SS&C will allow us to expand our product line intobond processing, as well as give us opportunities to grow our market."

About SS&C Technologies, Inc.

SS&C delivers investment and financial management software andrelated services focused exclusively on the financial servicesindustry. By leveraging expertise in common investment businessfunctions, SS&C cost-effectively serves clients in the differentindustry segments, including: 1) financial institutions, 2) hedgefunds and family offices, 3) institutional asset management, 4)insurance entities and pension funds, 5) municipal finance, 6)commercial lending, and 7) real estate property management. SS&C ispublicly traded on Nasdaq under the symbol "SSNC". Additionalinformation on SS&C is available at www.ssctech.com.