IBJNews

  • Home

Software services firm plans 500 jobs in Evansville

IBJ Staff
March 22, 2011
Keywords
Economic Development, Economic Development Agencies, Economic Development Incentives, Government & Economic Development, Indiana Economic Development Corp., Software, Tax Abatements, Tech Companies, Technology
Back to TopCommentsE-mailPrint

Windsor, Conn.-based SS&C Technologies Holdings Inc. will invest about $3.9 million to open a service and technology center in Evansville, creating up to 500 jobs by 2014.

State officials announced the plans Tuesday morning.

Indiana Economic Development Corp. offered SS&C as much as $8.3 million in performance-based tax credits and up to $200,000 in training grants based on its job-creation plans. The city of Evansville will consider additional property tax abatement at the request of the Growth Alliance for Greater Evansville.

Publicly traded SS&C provides software services for trading, accounting, reporting, risk management and fund administration to hedge-fund clients, insurance companies and institutional asset managers.

The company plans to begin hiring fund accountants and account managers, in addition to sales and operations support representatives, with an expected opening in the second quarter of 2011. A location has yet to be determined.

“SS&C is a company that has continued to grow even during the challenging economic times,” Indiana Gov. Mitch Daniels said in a prepared statement. “We couldn’t be happier that they’ve chosen to bring these new high-skill positions to Evansville.”

SS&C is the fifth-largest fund administrator in North America based on assets under administration. It was founded in 1986 and has more than 1,400 employees in North America, Europe, Asia and Australia.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

ADVANCED SEARCH
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ

  1. "And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.

  2. No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.

  3. Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.

  4. Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html

  5. This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.

ADVERTISEMENT