William C. Stone

William (Bill) C. Stone is the chairman and CEO of SS&C Technologies, the company he founded in Windsor, Connecticut, in 1986. Since 1995, Stone has guided SS&C through over 23 acquisitions, and took the company public in 1996 and it wasn’t until November 2005 that it was acquired by The Carlyle Group.

Background

Stone took the company public in 1996 and successfully guided SS&C through the acquisition of 23 software firms since 1995. Stone has grown SS&C to more than 4,000 people with offices in Europe, Asia, Australia, and throughout North America. In November, 2005 the company was acquired by entities affiliated with The Carlyle Group and was taken private. Stone's primary focus is to position SS&C in a global environment. Stone is a graduate of Marquette University. He holds or has held Financial Industry Regulatory Authority (FINRA) securities series licenses 6, 7, 8 and 22, was a New York Stock Exchange and Municipal Securities Rulemaking Board Principal and an Associated Person with the Commodity Futures Trading Commission. Stone is a past member of the board of advisors of the University of Connecticut's School of Business.^[1]

Community engagement

SS&C’s Financial Accelerator Day

On Friday, October 29, 2004, SS&C with the University of Connecticut, were proud to unveil the Financial Accelerator, a real-time, real-world laboratory, where students are partnered with business professionals and work together to find solutions to challenges in the industry with real market data.

The Financial Accelerator concept was developed by SS&C's CEO, Bill Stone, and UConn's School of Business Associate Dean, Rich Dino. The program is patterned after edgelab, a dynamic business solutions partnership in Stamford, Connecticut, between the UConn School of Business and General Electric. However, the essence of the Hartford based Financial Accelerator will be the multiple public and private partnerships with the insurance and finance community. The project is aimed at becoming the standard of experiential learning within the insurance and financial services sector for MBAs.^[2]

Examples include: optimization of portfolios which are subject to constraints; defining technology solutions to the fiduciary responsibilities in financial services; efficient organizational platforms; adroit uses of cutting edge technology; identifying and acting on market inefficiencies; and employing dynamic financial analysis in the property casualty industry.^[3]

SS&C SummerWind Performing Arts Center

In 2009 it was announced that Bill Stone has presented the non-profit organization that operates SummerWind Performing Arts Center, with a grant of $500,000. The grant will support the kick off of the SummerWind capital campaign and secure start-up funding for the 2010 season. The arts center, now to be called the SS&C SummerWind Performing Arts Center will dedicate the balance of 2009 to raise the remaining $550,000 necessary to replace SS&C SummerWind's signature tent which collapsed in a snow storm in 2003 following its first season.

“SS&C SummerWind is a distinctive and charming venue,” said William C. Stone, Chairman and CEO of SS&C Technologies, Inc. “I trust that other companies, both new and past supporters, will step forward to provide community support to rebuild this performing arts center for the benefit of their employees, the town and our region…” ^[4]^[5]^[6]

Media

In July 2010, Stone was selected by the NASDAQ CEO Signature Series a notable CEO and had a corresponding interview.^[7] Bill was also featured on CNBC's Fast Money, a half-time report reviewing daily trends and breakthroughs in the financial industry.^[8]

Stone was selected for an exclusive interview on Interesting People with Ed Sutkowski.^[9]

References

Loan Management Solution