SS&C Technologies Holdings Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by SS&C Technologies Holdings, Inc. on April 8, 2016. The filing addresses Item 8.01 (Other Events) regarding the revision of historical financial statements to include supplemental guarantor information.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on the disclosure of condensed consolidating financial information for subsidiaries guaranteeing the Company's 5.875% senior notes due 2023.
Material Changes
The Company is revising historical financial statements previously filed in:
- SS&C Form 10-K for the year ended December 31, 2015.
- Advent Software, Inc. Form 10-K for the year ended December 31, 2014.
- SS&C Form 8-K/A filed on September 17, 2015.
These revisions add a new footnote disclosing condensed consolidating financial information for the Subsidiary Guarantors pursuant to Rule 3-10 of Regulation S-X. The Company states that all other information in the referenced reports remains unchanged.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the regulatory requirement to disclose guarantor financial data. The revised statements are to be read in conjunction with other SEC filings.
Investor Verification Checklist
- Verify the updated consolidated financial statements in Exhibit 99.1 (SS&C) and Exhibits 99.2/99.3 (Advent Software) for the new guarantor footnote.
- Confirm the details of the 5.875% senior notes due 2023 and the specific subsidiaries acting as guarantors.
- Review the original Form 10-K (filed Feb 29, 2016) and Form 8-K/A (filed Sept 17, 2015) to understand the context of the superseded exhibits.