FIRST SUPPLEMENTAL INDENTURE



          FIRST SUPPLEMENTAL INDENTURE (this "Supplemental Indenture"), dated as

of April 27, 2006, among SS&C Technologies, Inc., a Delaware corporation (the

"Company"), Cogent Management Inc., a New York corporation and wholly owned

subsidiary of the Company ("Cogent"), and Wells Fargo Bank, National

Association, as trustee under the indenture referred to below (the "Trustee").



                                   WITNESSETH



          WHEREAS, the Company and certain of its subsidiaries have heretofore

executed and delivered to the Trustee an indenture (the "Indenture"), dated as

of November 23, 2005, providing for the issuance of $205,000,000 aggregate

principal amount of 11 3/4 % Senior Subordinated Notes due 2013 (the "Notes");



          WHEREAS, the Indenture provides that under certain circumstances a

Domestic Subsidiary acquired by the Company after the date of the Indenture will

execute and deliver to the Trustee a supplemental indenture pursuant to which

such Domestic Subsidiary will become a Guarantor and will unconditionally

guarantee all of the Company's obligations under the Notes and the Indenture on

the terms and conditions set forth herein ("Note Guarantee");



          WHEREAS, the Company acquired all of the issued and outstanding shares

of capital stock of Cogent pursuant to that certain Stock Purchase Agreement,

dated as of February 28, 2006, by and among the Company, Cogent and its

stockholders;



          WHEREAS, the Company desires to amend and supplement the Indenture to

add Cogent as a Guarantor thereunder; and



          WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is

authorized to execute and deliver this Supplemental Indenture.



          NOW THEREFORE, in consideration of the foregoing and for other good

and valuable consideration, the receipt of which is hereby acknowledged, the

Company, Cogent and the Trustee covenant and agree for the equal and ratable

benefit of the Holders of the Notes as follows:



1. Capitalized Terms. Capitalized terms used herein without definition will have

the meanings assigned to them in the Indenture.



2. Note Guarantee.



     (a) Cogent, jointly and severally with all other Guarantors of the Notes,

unconditionally guarantees to each Holder of a Note authenticated and delivered

by the Trustee and to the Trustee and its successors and assigns, regardless of

the validity and enforceability of the Indenture, the Notes or the obligations

of the Company under the Indenture or the Notes, that:



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           (i)  the principal of, interest, premium and Liquidated Damages, if

                any, on the Notes will be promptly paid in full when due,

                whether at maturity, by acceleration, redemption or otherwise,

                and interest on the overdue principal of and interest on the

                Notes, if any, if lawful, and all other obligations of the

                Company to the Holders or the Trustee thereunder or under the

                Indenture shall be promptly paid in full or performed, all in

                accordance with the terms thereof; and



           (ii) in the case of any extension of time of payment or renewal of

                any Notes or any of such other obligations, that same shall be

                promptly paid in full when due or performed in accordance with

                the terms of the extension or renewal, whether at stated

                maturity, by acceleration or otherwise.



     (b) Failing payment when due of any amount so guaranteed or any performance

so guaranteed for whatever reason, Cogent agrees that it will be jointly and

severally obligated with the other Guarantors to pay the same immediately.

Cogent agrees that this is a guarantee of payment and not a guarantee of

collection.



     (c) Cogent hereby agrees that its obligations hereunder shall be

unconditional, irrespective of the validity, regularity or enforceability of the

Notes or the Indenture, the absence of any action to enforce the same, any

waiver or consent by any Holder of the Notes with respect to any provisions

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