SS&C Wins Saltus And Allspring Mandates As Valuation Gap Widens

• SS&C Technologies Holdings agreed a long term technology partnership with Saltus to support automation and consolidation across its wealth management platform.
• The company also expanded its transfer agency agreement with Allspring Global Investments, broadening investor servicing for the asset manager.
• These new and expanded mandates highlight demand for SS&C’s scalable, integrated and regulatory focused solutions across wealth and asset management.

For investors tracking NasdaqGS:SSNC, the stock closed at $71.16, with returns of 19.1% over 3 years and 14.1% over 5 years. More recently, the shares show a 5.1% decline over the past week, a 16.1% decline over the past month and a 17.0% decline year to date, alongside an 18.7% decline over the past year.

In this context, the Saltus and Allspring wins add fresh information about how SS&C is positioning its technology with large wealth and asset managers. Readers may want to watch how these relationships convert into recurring revenue, cross selling potential and product development priorities as the company competes for larger, more consolidated mandates.

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📰 Beyond the headline: 1 risk and 5 things going right for SS&C Technologies Holdings that every investor should see.

Quick Assessment

• ✅ Price vs Analyst Target: At US$71.16 versus a US$99.00 analyst target, the price sits about 39% below consensus.
• ✅ Simply Wall St Valuation: Shares are described as trading 55.4% below estimated fair value, suggesting a wide valuation gap.
• ❌ Recent Momentum: The 30 day return of about 16% decline shows weak short term momentum despite the new client wins.

There is only one way to know the right time to buy, sell or hold SS&C Technologies Holdings. Head to the Simply Wall St's company report for the latest analysis of SS&C Technologies Holdings's Fair Value.

Key Considerations

• 📊 The Saltus and Allspring mandates reinforce SS&C's role in wealth and asset management automation, which supports the business case around its software and services.
• 📊 Watch how these contracts affect recurring revenue, margins and client concentration, especially with the shares trading on a 21.8x P/E and below consensus price targets.
• ⚠️ The balance sheet carries a high level of debt, so investors may want to see that cash flows from these deals comfortably cover interest and ongoing investment.

Dig Deeper

For the full picture including more risks and rewards, check out the complete SS&C Technologies Holdings analysis. Alternatively, you can check out the community page for SS&C Technologies Holdings to see how other investors believe this latest news will impact the company's narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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