Adjusted operating income, which excludes the goodwill impairment, the amortization of acquisition-related intangible assets, and other expenses, stood at $216m, down by 1% from the third quarter last year.

For the three months ended on 30 September 2012, the financial service company revenues decreased by 6% to $1.03bn, compared to $1.09bn, during the same period year over year.

SunGard president and chief executive officer Russ Fradin said, "We continue to generate strong cash flow and are focused on the right initiatives for achieving long-term sustainable growth and margin improvement."

Financial Systems revenue decreased 6% to $640m, while Availability Services segment revenue stood at $345m, down 5% from the year ago quarter.

UK based SunGard employs over 17,000 staffs and serves approximately 25,000 customers in more than 70 geographies worldwide.