SS&C TECHNOLOGIES Process Specialist Interview Questions and Answers

Q1. What is subscription
Ans. 
A subscription is a service where a customer pays a recurring fee to access a product or service.
• Subscription models are common in industries such as streaming services (Netflix, Spotify), software (Adobe Creative Cloud), and online publications (New York Times).

• Customers typically pay a monthly or annual fee to access the product or service.

• Subscriptions often offer benefits such as regular updates, exclusive content,
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Q2. What is redemption
Ans. 
Redemption is the act of being saved or rescued from sin, error, or evil.
• Redemption is often associated with religious beliefs and the idea of being forgiven for past wrongdoings.

• It can also refer to the act of making up for a mistake or wrongdoing by doing something good or virtuous.

• In some contexts, redemption can mean the act of paying off a debt or fulfilling a promise.

• Examples of redemption can be found in literat...read more
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Q1. What is Transfer agency
Ans. 
Transfer agency is a financial institution that manages the transfer of securities between investors.
• Transfer agencies handle the processing of transactions related to buying, selling, and transferring securities.

• They maintain records of ownership, issue statements to investors, and handle dividend payments.

• Examples of transfer agencies include Computershare, American Stock Transfer & Trust Company, and DST Systems
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Provide a specific case to study and outline the process for analyzing it.