SS&C TECHNOLOGIES Associate Interview Questions and Answers for Experienced

Q1. Tell me about yourself
Ans. 
I am a dedicated and hardworking individual with a passion for learning and growth.
• Education background

• Work experience

• Skills and strengths

• Career goals
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Q2. What is reconciliation
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Reconciliation is the act of restoring harmony or resolving conflicts between individuals or groups.
• Reconciliation involves acknowledging past wrongs and working towards forgiveness and understanding.

• It often requires open communication, empathy, and a willingness to compromise.

• Examples include reconciling with a friend after a disagreement, or countries seeking reconciliation after a war.

• Reconciliation can also refer ...read more
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Q3. What do you check when you trade in equity stock in market
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When trading in equity stock market, I check various factors such as company financials, market trends, news, and technical analysis.
• Company financials - revenue, profit margins, debt levels

• Market trends - overall market direction, sector performance

• News - company announcements, industry news

• Technical analysis - price movements, volume trends
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Q4. What is options
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Options are financial instruments that give the holder the right, but not the obligation, to buy or sell an asset at a specific price within a specific time period.
• Options can be used for speculation, hedging, or generating income.

• There are two types of options: call options (which give the holder the right to buy an asset) and put options (which give the holder the right to sell an asset).

• Options have an expiration da...read more
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It was related to work based questions only but training was provided as it came on our campus

Q1. What is MBS? All related to money market concepts
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Q2. What is ABS? All related to derivatives
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Q1. Inputs of Black and Scholes Model. Explain IRS, CDS.
Ans. 
Black and Scholes Model inputs include interest rate, stock price, volatility, time to expiration, and dividend yield. IRS stands for Interest Rate Swap and CDS stands for Credit Default Swap.
• Black and Scholes Model inputs: interest rate, stock price, volatility, time to expiration, dividend yield

• IRS (Interest Rate Swap) involves exchanging fixed interest rate payments for floating rate payments

• CDS (Credit Default Swap...read more
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Q2. Relationship between price and yield. Explain Binomial tree Valuation model.
Ans. 
Price and yield have an inverse relationship. Binomial tree valuation model is a method to price options using a tree structure.
• Price and yield have an inverse relationship - as price increases, yield decreases.

• Binomial tree valuation model is a method to price options by creating a tree of possible price movements.

• The model calculates option prices at each node of the tree and works backwards to determine the option's...read more
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Q3. Explain Options
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Options are financial instruments that give the holder the right, but not the obligation, to buy or sell an asset at a specific price within a specific time frame.
• Options can be call options (the right to buy) or put options (the right to sell).

• Options have an expiration date and a strike price at which the asset can be bought or sold.

• Options are commonly used for hedging, speculation, and generating income.

• Example: A ...read more
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Q1. What are hedge funds.
Ans. 
Hedge funds are investment funds that pool capital from accredited individuals or institutional investors and invest in a variety of assets.
• Hedge funds are typically only available to accredited investors due to their complex and risky nature.

• They often use leverage and derivatives to amplify returns, but this also increases the risk of losses.

• Hedge funds charge both a management fee (usually 2%) and a performance fee ...read more
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Q2. Right issue procedure
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Right issue procedure refers to the process by which a company offers existing shareholders the opportunity to purchase additional shares at a discounted price.
• Company announces the right issue, specifying the number of shares offered and the subscription price.

• Existing shareholders are given the option to purchase the additional shares in proportion to their existing holdings.

• Shareholders can either exercise their rig...read more
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Q3. Bonus issue procedure
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Bonus issue procedure involves issuing additional shares to existing shareholders at no cost.
• Bonus issue is a way for companies to reward shareholders without affecting their cash reserves.

• Shareholders receive additional shares in proportion to their existing holdings.

• The procedure involves approval from the board of directors and shareholders.

• Companies may issue bonus shares to increase liquidity or improve market per...read more
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Q1. Yes after shortlisting CV, they may have Technical questions for you.. But dont afraid, it would be related to your background as well as related to process where they looking for their organisation. So be...read more
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