Financial software maker SS&C Technologies Holdings reported record second-quarter revenue of $177.5 million, fueled by growth in its alternative investment services business.
Revenue was up 47 percent over the second quarter of 2012, and the company booked a profit of $26.1 million, compared to a loss of $5.8 million a year ago.
The company also disclosed it has opened a new office in Los Angeles, where it has signed an administrative support services agreement with Ares Management, a $66-billion asset management firm.
