William C. Stone
Encyclopedia
William C. Stone is the Chairman and CEO of SS&C Technologies
, the company he founded in Windsor, Connecticut, in 1986. Since 1995, Stone has guided SS&C through over 23 acquisitions, and took the company public in 1996 and it wasn’t until November 2005 that it was acquired by The Carlyle Group
.
. He holds or has held Financial Industry Regulatory Authority
(FINRA) securities series licenses 6, 7, 8 and 22, was a New York Stock Exchange
and Municipal Securities Rulemaking Board
Principal and an Associated Person with the Commodity Futures Trading Commission
. Mr. Stone is a past member of the Board of Advisors of the University of Connecticut
's School of Business.
.
The Financial Accelerator concept was developed by SS&C's CEO, Bill Stone, and UConn's School of Business Associate Dean, Rich Dino. The program is patterned after edgelab, a dynamic business solutions partnership in Stamford, Connecticut
, between the UConn School of Business and General Electric
. However, the essence of the Hartford based Financial Accelerator will be the multiple public and private partnerships with the insurance and finance community. The project is aimed at becoming the standard of experiential learning
within the insurance and financial services
sector for MBAs.
Examples include: optimization of portfolios which are subject to constraints; defining technology solutions to the fiduciary responsibilities in financial services; efficient organizational platforms; adroit uses of cutting edge technology; identifying and acting on market inefficiencies; and employing dynamic financial analysis
in the property casualty industry.
that operates SummerWind
Performing Arts Center
, with a grant of $500,000. The grant will support the kick off of the SummerWind capital campaign and secure start-up
funding for the 2010 season. The arts center, now to be called the SS&C SummerWind Performing Arts Center will dedicate the balance of 2009 to raise the remaining $550,000 necessary to replace SS&C SummerWind's signature tent which collapsed in a snow storm
in 2003 following its first season.
“SS&C SummerWind is a distinctive and charming venue,” said William C. Stone, Chairman and CEO of SS&C Technologies, Inc. “I trust that other companies, both new and past supporters, will step forward to provide community support to rebuild this performing arts center for the benefit of their employees, the town and our region…”
Bill was also featured on CNBC's Fast Money, a half-time report reviewing daily trends and breakthroughs in the financial industry.
Stone was selected for an exclusive interview on Interesting People with Ed Sutkowski.
SS&C Technologies
SS&C Technologies Inc. is a specialized software provider to the global financial services industry. SS&C began in Windsor, Connecticut, 1986 and now has more than 1,400 employees worldwide, operating throughout North America, Europe, Asia Pacific, and Australia.SS&C has a particular focus on fund...
, the company he founded in Windsor, Connecticut, in 1986. Since 1995, Stone has guided SS&C through over 23 acquisitions, and took the company public in 1996 and it wasn’t until November 2005 that it was acquired by The Carlyle Group
Carlyle Group
The Carlyle Group is an American-based global asset management firm, specializing in private equity, based in Washington, D.C. The Carlyle Group operates in four business areas: corporate private equity, real assets, market strategies and fund-of-funds, through its AlpInvest subsidiary...
.
Background
Mr. Stone took the company public in 1996 and successfully guided SS&C through the acquisition of 23 software firms since 1995. Mr. Stone has grown SS&C to more than 1,187 people with offices in Europe, Asia, Australia, and throughout North America. In November, 2005 the company was acquired by entities affiliated with The Carlyle Group and was taken private. Mr. Stone's primary focus is to position SS&C in a global environment. Mr. Stone is a graduate of Marquette UniversityMarquette University
Marquette University is a private, coeducational, Jesuit, Roman Catholic university located in Milwaukee, Wisconsin. Founded by the Society of Jesus in 1881, the school is one of 28 member institutions of the Association of Jesuit Colleges and Universities...
. He holds or has held Financial Industry Regulatory Authority
Financial Industry Regulatory Authority
In the United States, the Financial Industry Regulatory Authority, Inc., or FINRA, is a private corporation that acts as a self-regulatory organization . FINRA is the successor to the National Association of Securities Dealers, Inc. ...
(FINRA) securities series licenses 6, 7, 8 and 22, was a New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
and Municipal Securities Rulemaking Board
Municipal Securities Rulemaking Board
The Municipal Securities Rulemaking Board, often referred to as the MSRB, writes investor protection rules and other rules regulating broker-dealers and banks in the United States municipal securities market, including tax-exempt and taxable municipal bonds, municipal notes, and other securities...
Principal and an Associated Person with the Commodity Futures Trading Commission
Commodity Futures Trading Commission
The U.S. Commodity Futures Trading Commission is an independent agency of the United States government that regulates futures and option markets....
. Mr. Stone is a past member of the Board of Advisors of the University of Connecticut
University of Connecticut
The admission rate to the University of Connecticut is about 50% and has been steadily decreasing, with about 28,000 prospective students applying for admission to the freshman class in recent years. Approximately 40,000 prospective students tour the main campus in Storrs annually...
's School of Business.
SS&C’s Financial Accelerator Day
On Friday, October 29, 2004, SS&C with the University of Connecticut, were proud to unveil the Financial Accelerator, a real-time, real-world laboratory, where students are partnered with business professionals and work together to find solutions to challenges in the industry with real market dataMarket data
In finance, market data is quote and trade-related data associated with equity, fixed-income, financial derivatives, currency, and other investment instruments. Market data is numerical price data, reported from trading venues, such as stock exchanges...
.
The Financial Accelerator concept was developed by SS&C's CEO, Bill Stone, and UConn's School of Business Associate Dean, Rich Dino. The program is patterned after edgelab, a dynamic business solutions partnership in Stamford, Connecticut
Stamford, Connecticut
Stamford is a city in Fairfield County, Connecticut, United States. According to the 2010 census, the population of the city is 122,643, making it the fourth largest city in the state and the eighth largest city in New England...
, between the UConn School of Business and General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
. However, the essence of the Hartford based Financial Accelerator will be the multiple public and private partnerships with the insurance and finance community. The project is aimed at becoming the standard of experiential learning
Experiential education
Experiential education is a philosophy of education that describes the process that occurs between a teacher and student that infuses direct experience with the learning environment and content. The term is mistakenly used interchangeably with experiential learning...
within the insurance and financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
sector for MBAs.
Examples include: optimization of portfolios which are subject to constraints; defining technology solutions to the fiduciary responsibilities in financial services; efficient organizational platforms; adroit uses of cutting edge technology; identifying and acting on market inefficiencies; and employing dynamic financial analysis
Financial analysis
Financial analysis refers to an assessment of the viability, stability and profitability of a business, sub-business or project....
in the property casualty industry.
SS&C SummerWind Performing Arts Center
In 2009 it was announced that Bill Stone has presented the non-profit organizationNon-profit organization
Nonprofit organization is neither a legal nor technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends...
that operates SummerWind
Summerwind
Summerwind Mansion, formerly known as Lamont Mansion, is a ruined mansion on the shores of West Bay Lake in Vilas County, Wisconsin. It is reputed to be one of the most haunted locations in Wisconsin. As a result of abandonment, the elements, and fire, little of the mansion currently remains...
Performing Arts Center
Performing arts center
Performing arts center, often abbreviated PAC, is used to refer to* A multi-use performance space that is intended for use by various types of the performing arts, including dance, music and theatre....
, with a grant of $500,000. The grant will support the kick off of the SummerWind capital campaign and secure start-up
Startup company
A startup company or startup is a company with a limited operating history. These companies, generally newly created, are in a phase of development and research for markets...
funding for the 2010 season. The arts center, now to be called the SS&C SummerWind Performing Arts Center will dedicate the balance of 2009 to raise the remaining $550,000 necessary to replace SS&C SummerWind's signature tent which collapsed in a snow storm
Winter storm
A winter storm is an event in which the dominant varieties of precipitation are formed that only occur at low temperatures, such as snow or sleet, or a rainstorm where ground temperatures are low enough to allow ice to form...
in 2003 following its first season.
“SS&C SummerWind is a distinctive and charming venue,” said William C. Stone, Chairman and CEO of SS&C Technologies, Inc. “I trust that other companies, both new and past supporters, will step forward to provide community support to rebuild this performing arts center for the benefit of their employees, the town and our region…”
Media
In July 2010, Stone was selected by the NASDAQ CEO Signature Series a notable CEO and had a corresponding interview.Bill was also featured on CNBC's Fast Money, a half-time report reviewing daily trends and breakthroughs in the financial industry.
Stone was selected for an exclusive interview on Interesting People with Ed Sutkowski.