SS&C Technologies Canada Corp.

Headnote

On January 28, 2022, pursuant to section 144 of the Securities Act, the Commission revoked an exemption order (Exemption Order) issued on February 15, 2011, to SS&C Technologies Canada Corporation (SS&C Canada), a wholly owned subsidiary of SS&C Technologies Holdings Inc., for failure to make payment of the 2021 annual participation fee. The Exemption Order exempted SS&C Canada from the requirement to be recognized as a clearing agency pursuant to section 147 of the Securities Act. SS&C Canada has made representations in writing that they do not have any Ontario participants for their Matching Service Utility (MSU).

Applicable Legislative Provisions

Securities Act, R.S.O. 1990, c. S.5 as am., ss. 21.2, 144.

IN THE MATTER OF
THE SECURITIES ACT, R.S.O. 1990,
CHAPTER S.5, AS AMENDED
(Securities Act)
AND
IN THE MATTER OF
SS&C TECHNOLOGIES CANADA CORP.
(SS&C Canada)
REVOCATION ORDER
(Section 144 of the Act)

WHEREAS the Ontario Securities Commission (Commission) issued an order dated February 15, 2011, exempting SS&C Canada, pursuant to section 147 of the Securities Act, from the requirement to be recognized as a Clearing Agency under subsection 21.2(0.1) of the Securities Act (Exemption Order) as of March 1, 2011;

AND WHEREAS pursuant to subsection 4.5 of OSC Rule 13-502, SS&C Canada failed to make payment of its annual participation fee due April 30, 2021;

AND WHEREAS the Commission has determined that revocation of the Exemption Order would not be prejudicial to the public interest;

THE COMMISSION hereby revokes the Exemption Order pursuant to section 144 of the Securities Act.

DATED January 28, 2022.