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SS&C's SKYLINE Real Estate Software Partners with AvidXchange
Oct 20, 2009
Windsor, CT - October 20, 2009 - SS&C Technologies, Inc. (www.ssctech.com), a global provider of financial services software and software-enabled services, today announced a strategic partnership of its SKYLINE real estate software, a comprehensive real estate system designed for effective management of all property types, with AvidXchange, a web-based invoice management system provider.  AvidXchange's accounts payable document management process has been seamlessly integrated directly into SKYLINE real estate software allowing property managers to adopt an effective paperless accounts payable process.

"We are excited about the strategic partnership that we have formed with AvidXchange and are confident that this alliance will have a major impact on our client base," said Sean Egan, Senior Vice President, SS&C Technologies, Inc. "In this challenging economy, real estate property management companies are looking to achieve maximum efficiency in their operations and the superior capabilities of SKYLINE and AvidXchange systems, working together, can help to achieve that goal.”

"AvidXchange looks forward to a close working relationship with SKYLINE," said Michael Praeger, Chief Executive Officer, AvidXchange. "We are confident that the SKYLINE client base will recognize the power of the AvidXchange system and its abilities to add visibility to all invoice documents while providing invoice approvers with features that allow them to quickly approve or dispute invoices, saving both time and money."

About SS&C Technologies
SS&C delivers investment and financial management software and related services focused exclusively on the financial services industry. By leveraging expertise in common investment business functions, SS&C cost effectively serves clients in the different industry segments, including: 1) insurance entities and pension funds, 2) institutional asset management, 3) hedge funds and family offices, 4) treasury, banks and credit unions, 5) municipal finance, 6) real estate property management, 7) commercial lending and 8) financial markets. Additional information is available at www.ssctech.com.

About AvidXchange
Founded in 2000, AvidXchange, Inc., headquartered in Charlotte, North Carolina, is the industry-leading provider of paperless invoice management and electronic purchase order tools for real estate companies in the office, retail, multi-family and industrial sectors. More than 35 public REITs and over 160 real estate companies are managing their payables with AvidInvoice, the SAS 70 Certified AP workflow solution that eliminates lost invoices, minimizes late fees/overnight courier charges and reduces invoice processing costs by up to 50%. Additional information on AvidXchange can be found at www.avidxchange.com.

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Patrick Pedonti 
Chief Financial Officer, SS&C Technologies 
Tel: 1-860-298-4738 
E-mail: InvestorRelations@sscinc.com

Justine Stone Investor, Relations, SS&C Technologies
Tel: 1- 212-367-4705
E-mail: InvestorRelations@sscinc.com

Media Contacts 
Sean Welch 
PAN Communications
Tel: (407) 734-7330
E-mail: ssc@pancomm.com