UPDATE 1-SS&C Technologies files for up to $150 mln IPO

* Expects to price IPO at $13-$15/share

* Co to offer 8.2 mln shrs, holders to offer 2.5 mln shrs



March 12 (Reuters) - SS&C Technologies Inc, which provides software products and services to the financial services industry, filed with U.S. regulators to raise up to $150 million in an initial public offering of common stock.

The company is offering about 8.2 million common shares, while the selling stockholders are offering 2.5 million shares.

SS&C, in which TCG Holdings LLC has a 71 percent stake, expects to price the offering at $13 to $15 per share and said it has applied to list its stock on Nasdaq under the symbol 'SSNC.'

The company said it plans to use most of the net proceeds from the offering to repay debt.

The New York-based company told the U.S. Securities and Exchange Commission in a preliminary prospectus that J.P. Morgan, Deutsche Bank Securities, Credit Suisse, Morgan Stanley, Jefferies, Wells Fargo Securities and Raymond James were underwriting the IPO.

In June 2007, the company had filed for an initial public offering to raise up to $200 million, but withdrew it in October 2008, citing market conditions.

(Reporting by Abhiram Nandakumar in Bangalore; Editing by Gopakumar Warrier) Keywords: SSANDCTECHNOLOGIES/IPO ([e-mail]; within U.S. [phone]; outside U.S. [phone]; Reuters Messaging: [e-mail]) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.