SS&C Technologies Scales Back IPO Plans

SS&C Technologies Inc., a Windsor, Conn.-basedfinancial management software company backed by The Carlyle Group, has set its IPO terms to 10.73 million shares being offered at between $13 and $15 per share.

This is a reduction in the company’s plans, as it originally filed last December to raise $300 million. It had previously filed for, and withdrawn, a $200 million offering.

SS&C plans to trade on the Nasdaq under ticker symbol SSNC, with J.P. Morgan serving as lead underwriter.