SS&C Technologies Holdings, which offers software products that allow financial services providers to automate business processes, announced terms for its IPO on Friday. The Windsor, CT-based company plans to raise $150 million by offering 10.7 million shares at a price range of $13-$15. At the mid-point of the proposed range, SS&C Technologies will command a market value of $969 million. SS&C Technologies , which was founded in 1986 and booked $271 million in sales last year, plans to list on the NASDAQ under the symbol SSNC. J.P. Morgan, Credit Suisse and Morgan Stanley are the lead underwriters on the deal, for which timing was not disclosed.
