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Software services firm plans 500 jobs in Evansville

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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.
 

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  1. these guys only skill was to steal from other's hard earned savings.

  2. I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.

  3. For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.

  4. It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.

  5. Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.

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