SS&C TECHNOLOGIES Senior Associate Interview Questions, Process, and Tips

Q1. What is impact on Market Price and Total portfolio after issue of Bonus share
Ans. 
Issue of bonus shares typically leads to a decrease in market price and an increase in total portfolio value.
• Issuing bonus shares increases the number of shares outstanding without any change in the total market value of the company.

• This dilution of shares usually leads to a decrease in the market price per share.

• However, the total portfolio value remains the same as the investor now holds more shares, albeit at a lowe...read more
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Q2. Difference between Amortisation and Depreciation & Impairment
Ans. 
Amortisation is the allocation of the cost of intangible assets over their useful life, while Depreciation & Impairment is the allocation of the cost of tangible assets over their useful life or when their value decreases.
• Amortisation is for intangible assets, such as patents or copyrights, while Depreciation is for tangible assets, such as buildings or machinery.

• Amortisation is usually straight-line, while Depreciatio...read more
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Q1. What are different types of corporate actions
Ans. 
Corporate actions are events initiated by a public company that impact its shareholders and securities.
• Dividends - distribution of profits to shareholders

• Stock splits - dividing existing shares into multiple shares

• Mergers and acquisitions - combining two companies into one

• Spin-offs - creating a new independent company from an existing one

• Rights issues - offering existing shareholders the right to buy additional shares
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Q1. Interview on call
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Q2. Basic finance questions
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Q3. What is momey market Bond
Ans. 
Money market bond is a type of fixed-income security that is issued by governments, corporations, and other entities to raise capital.
• Money market bonds have a maturity of one year or less.

• They are considered low-risk investments due to their short-term nature.

• Interest rates on money market bonds are typically lower than longer-term bonds.

• Examples of money market bonds include Treasury bills, commercial paper, and cert
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Q1. What is Reconciliation
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Reconciliation is the act of making two or more things compatible or consistent with each other.
• Reconciliation involves resolving conflicts or differences between parties.

• It can also refer to the process of balancing financial accounts to ensure accuracy.

• Examples include reconciling bank statements, reconciling relationships after a disagreement, and reconciling conflicting beliefs or values.
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Q2. About derivative market
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Basic knowledge of Derivative products

Q1. HR interview Tell About yourself
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Q2. Tell me about yourself
Ans. 
I am an experienced professional with a strong background in the field.
• I have over 10 years of experience in the industry.

• I have successfully managed multiple projects and teams.

• I am skilled in problem-solving and decision-making.

• I have a proven track record of achieving targets and delivering results.

• I am a strong communicator and have excellent interpersonal skills.
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