SS&C Technologies Holdings, Inc.

Good day and welcome to the SS&C Technologies second quarter 2026 earnings call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, Justine Stone, Head of Investor Relations. Please go ahead.

Hi, everyone. Welcome and thank you for joining us for our Q2 2026 earnings call. I'm Justine Stone, Investor Relations for SS&C. With me today is Bill Stone, Chairman and Chief Executive Officer, Rahul Kanwar, President and Chief Operating Officer, and Brian Schell, our Chief Financial Officer. Before we get started, we'll need to review the Safe Harbor Statement. Please note that various remarks we make today about future expectations, plans, and prospects, including the financial outlook we provide, constitute forward-looking statements for the purposes of the Safe Harbor provision under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the risk factors section of our most recent annual report on Form 10-K, which is on file at the SEC and can also be accessed on our website. These forward-looking statements represent our expectations only as of today, July 23, 2026. While the company may elect to update these forward-looking statements, it specifically disclaims any obligation to do so. During today's call, we will be referring to certain non-GAAP financial measures, a reconciliation of these non-GAAP financial measures to comparable GAAP financial measures, is included in today's earnings relationships located in the investor relations section of our website at www.ssctech.com. I will now turn the call over to Bill.

Thanks, Justine, and welcome, everyone. Q2 was record setting for SS&C. Our strong quarter resulted in setting quarterly records for second quarter in revenue, adjusted EBITDA, earnings per share, and shares repurchased. We continue to demonstrate success in an uncertain backdrop, underscoring the resilience of our diversified business model and the value clients place on our technology, expertise, and innovation. Our second quarter results were adjusted revenue of $1,696.9 billion, up 10.3%, and adjusted diluted earnings per share of $1.76, an 18% increase. We delivered adjusted consolidated EBITDA of $670.7 million, up 12% or over $70 million, and an adjusted consolidated EBITDA margin of 39.5%. The dollar figures are all records. Adjusted organic revenue growth was 7.6%, with performance driven by our largest businesses, new business wins, strength in multi-year renewals, and Market and Transaction Tailwinds. For the six-month end of June 30, 2026, cash from operating activities was $716 million, up 11% year over year. This quarter, we returned $499 million to shareholders, which includes 6.4 million shares repurchased for $435.2 million, the highest quarterly buyback in our history. primarily a result of our repurchase program, diluted shares outstandings are down 4% over the last year. Share repurchases remain our top capital allocation priority as we are projected to earn $7.29 in operating cash per share for the year. We have lots of flexibility. The acquisitions we completed at the end of 2025 are both tracking ahead of expectations. Carol has given us additional exposure in EMEA, and revenues are growing nicely. Calistone continues to perform ahead of expectations as well. We expect 2026 growth to be in the mid-teens, and we have added 431 clients to the network. Although through Calistone, we are investing in solutions to support the future of our clients, including digital investment markets. As interest in tokenized investment products continue to grow, our clients and prospects are looking forward towards the infrastructure needed to support digital transactions. Combining our servicing capabilities with Calistone Technologies, which already supports the issuance and distribution of tokenized funds, our innovation road back now extends to the next stage of digital investment lifecycle. The new capabilities will enable digital investment transactions to settle using regulated forms of digital cash, including stable coins and tokenized commercial bank deposits. This will help reduce settlement risk, improve operational efficiency, and simplify cross-border investment transactions. We look forward to capturing more market share. The highly anticipated Medicare GLP-1 Bridge Program launched on July 1. Since launch, nearly 3 million claims have been processed using SS&C's Domani Rx platform. to support our client, Humana. We believe this demonstrates our technology's scale, reliability, and flexibility and underscores the critical role Domani Rx plays in enabling innovative healthcare programs. We're proud to expand access to these important therapies for millions of Americans. I'll now turn the call over to Rahul to discuss the quarter in more detail.