SS&C Pressuring former DST Management to acheive 40% Margins

Do they even know? pretty lofty goals for a company that has decades of technical debt pre-purchase that they are still trying to catch up with! How do they spread the costs accross divisions, or do they, so it is equitable?

I hope SS&C will make some decisions about some highly compensated execs who are not capable of strategic thinking and whos only creative thinking thus far has been adding a lot of time consuming administrative overhead to everyones day. Their so called SDLC process is a joke (especially for agile teams) & I for one refuse to log every instance that I take a breath on Tempo! We need strong leadership, something that has been lacking for a long time!

Maybe SS&C should take a look at the ever growing product backlogs that are made up of many defects and/or missed requirements caused by sloppy management of requirements (or lack there of) and rushed development. Working towards 'dates only' is never a good idea if you can't dedicate the proper resources to produce a quality outcome. Striving for great outcomes without pressuring everyone to make do with less all the time would be a much loftier goal!

There are a lot of excellent teams with tremendous product knowlege that need to be given some latitude to manage their work rather than blindly moving ahead because they are not allowed to take the time they need to think through solutions.

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They are a large company now but yet run things like a mom and pop. Nickeling and diming everything expense hoping they can save on expenses. Look at the incredible debt, they incurred and you will know why 40% margins is not high enough a return. more like 60% is the actual goal, If that cannot be done, SS&C will find people who can do it. Those who have been at DST are too set in their ways and cannot bend so they are the first to be let go.

Unfortunately as& Christmas management only sees the cash. If you look around, the customer base is huge and the actually pay for the existing software. Everything else is moot. Cash and debt service is all they care about. The human capital is always the easiest to cut first. DST has a lot of debt but reorganizing the structure will take over 2 year. Meanwhile so long as the customers renew and pay on time ss&c will get their cash one way or another. Renewed customer base, layoffs, facilities/IT/hr/legal downsizing will all be a part of a master plan. No more contractors and expensive parties or perks. Basically it everything and anything possible and more until it’s stabilized. This is just the first quarter. Wait until dst doesn’t make their numbers 6 percent is a low number as the company is very bloat with a mush mash of businesses. Real estate & pharmacy groups should be prepared for major changes. IT infrastructure will be gutted. Projects in progress will be stopped. As far as sw&c is concerned it investing in new tech is not the goal as it takes too long. They buy companies for their existing tech, take most of the cash, and leverage it to buy other tech companies. The products now are a mush mash of competing software. It will eventually cannibalizes the othe ss&c subs.

If they don’t make 40 percent margins it means it’s losing money. The actual goal is higher as ss&c doesn’t care about Pd issues. The need to payoff the debt and finance future acquisitions and take majority of the cash. The real challenge is whether it’s done fast enough.

So how much closer did that 6% reduction in staff get them to 40%? Probably not very!

Thread regarding SS&C Technologies Holdings Inc. layoffs

SS&C Pressuring former DST Management to acheive 40% Margins

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