WINDSOR, Conn., June 6, 2011 (GLOBE NEWSWIRE) -- SS&C Technologies (Nasdaq:SSNC), a global provider of investment and financial software-enabled services and software, today previewed SS&C's Zoologic Learning Solutions for insurance companies at the IASA 2011 Annual Educational Conference and Business Show in Nashville, Tennessee (Booth #446). The insurance and accounting learning paths provides training on the FASB Accounting Standards Codification and The Dodd-Frank Act, in addition to training on key financial accounting concepts.
As corporate structures become more complicated and annual reports grow longer and more sophisticated, the ability to read and interpret financial statements is even more important to be able to scan through and make judgments about a firm's performance. In response, the Financial Accounting Standards Board (FASB) has attempted to standardize and simplify the way references are made in financial statements. This standardization is known as the FASB Accounting Standards Codification, or simply, the Codification.
"On the anniversary of SS&C's 25th year in operation, we have released a brand-new online course covering what you need to know about the Codification," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "The release of the Codification course follows a new course on the Dodd-Frank Act. At SS&C, we have the expertise and technology to respond quickly when there are changes like these made in the financial community."
In addition to joining more than 760 web-based courses in the Zoologic course library, the FASB Accounting Standards Codification course is also the most recent addition to the Accounting suite of courses. Zoologic's Accounting course suite provides an introduction to the discipline of accounting, specifically from the viewpoint of a financial analyst. The courses introduce learners to the balance sheet, income statement, and cash flow statement, and provide an overview of other key accounting concepts. Zoologic's insurance courses provide a foundation in insurance principles and products. The courses introduce learners to the structure of the insurance industry as a whole, and provide insight on how various policies, life, health and property, and casualty are constructed and priced.
About SS&C Technologies
Celebrating its 25th year, SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. 5,000 financial services organizations, from the world's largest to local financial services organizations, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over $16 trillion in assets.
The SS&C Technologies Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7358
Additional information about SS&C (Nasdaq:SSNC) is available at .
CONTACT: Patrick Pedonti Chief Financial Officer Tel: +1-860-298-4738 E-mail: InvestorRelations@sscinc.com