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                                                                      EXHIBIT 11
                            SS&C TECHNOLOGIES, INC.

               STATEMENT REGARDING THE COMPUTATION OF NET INCOME
                  PER COMMON AND COMMON EQUIVALENT SHARES (4)
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                                                                                    THREE MONTHS ENDED
                                                                                   -------------------
                                                                                          MARCH 31,
                                                                                          ---------
                                                                                  1996                    1997
                                                                               ----------              ----------
                                                                                           (unaudited)
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Historical - Primary (1):                                                    
              Weighted average issued common and preferred
                stock outstanding (2).............................             9,041,540              12,417,962
              Weighted average cheap stock (3)....................               484,380                  -
              Weighted average common stock                                      
                equivalents.......................................               970,500                 945,208 
              Less: Assumed purchase of                                         
                treasury stock....................................              (370,506)               (601,179) 
                                                                             -----------             -----------
                     Weighted average number of common
                        and common equivalent shares outstanding              10,125,914              12,761,991 
                                                                             ===========              ==========
Net income......................................................               $ 313,179               $ 101,425
                                                                             ===========              ==========
Net income per common and common equivalent share...............                    $.03               $    0.01
                                                                             ===========              ==========
 
Supplemental Pro forma (5):
              Weighted average issued common and preferred stock
                outstanding(2)....................................             9,041,540              12,417,962 
                                                                            
              Weighted average cheap stock (3)....................               484,380                 -
              Weighted average common stock                                                                      
                 equivalents......................................               970,500                 945,208 
              Less: Assumed purchase of                                                           
                treasury stock....................................              (370,506)               (601,179) 
                                                                             -----------             -----------
                    Weighted average number of
                      common and common equivalent shares
                      outstanding.................................            10,125,914              12,761,991
                                                                             ===========             ===========
Net income........................................................             $ 313,179               $ 101,425
                                                                             ===========             ===========
Net income per common and common equivalent share.................                 $0.03               $    0.01
                                                                             ===========             ===========
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Notes:
(1) For the three months ended March 31, 1996, all common and common equivalent
share amounts have been restated to reflect the 10-for-1 stock split on April
25, 1996 as if in effect from the date of issuance.

(2) For the three months ended March 31, 1996, all shares of convertible
preferred stock are considered common stock equivalents and are included using
the if-converted method, adjusted for the 10-for-1 stock split, except where
their effect would be anti-dilutive.

(3) In accordance with Securities and Exchange Commission Staff Accounting
Bulletin No. 83, issuances of common stock and common stock equivalents, within
one year prior to the initial filing of the registration statement, at share
prices below the assumed initial public offering price are considered to have
been made in anticipation of the contemplated public offering. Accordingly,
these stock issuances are treated as if issued and outstanding, using the
treasury stock method for options, for the three months ended March 31, 1996.

(4) Fully diluted net income per common and common equivalent share is not
presented as it was the same for all periods presented.

(5) The supplemental pro forma net income per common share is computed in the
same manner as historical net income per share except that all outstanding
shares of preferred stock, which were converted into common stock upon the
closing of the initial public offering, were treated as having been converted
into common stock at the date of original issuance.