algorithm
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- noun
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4 February 2015 - UK-based financial software provider SmartStream Technologies has acquired assets related to software, sales and support of IBM's (NYSE: IBM) Algorithmics collateral solution, the company said.
ATRF will use Algorithmics to enhance risk transparency and assist in making risk-informed decisions.
Algorithmics, founded in 1989, is owned by the Paris-based holding company Fimalac and is a member of the Fitch Group, the company said.
Some of the brokerage firms as well as well-respected financial institutions have already implemented Algorithmics analytics across their asset classes such as foreign exchange, equity, bonds, hedge funds and credit derivatives to improve risk control on their respective business activities.
The opening of the Dubai office is in response to the firm's rapidly expanding business in the Middle East market and will enable Algorithmics to enhance its service levels to new and existing regional clients who already include some of the region's leading financial institutions.
Being an industry leader means we are focused on ensuring Algo Suite is prepared to meet the future needs of our clients," said Dan Rosen, vice president, Product Marketing at Algorithmics.
Rocket Retriever 2 is available from Pankhurst Algorithmics, 403-1655 Chambers Street, Victoria, British Columbia, Canada V8T 3J7.
Algorithmics provides software and services for improved business insights at banks and investment and insurance organisations to assess risk and address regulatory challenges.
M2 EQUITYBITES-October 21, 2011-IBM acquires Algorithmics for USD380.
6m) purchase of Canadian risk analytics software provider Algorithmics as part of plans to boost its analytics offering for the financial sector.
International Software Group Ltd has won a new OEM deal for its ISG Navigator integration tool from Algorithmics Inc, the Toronto-based risk management financial applications house.
TELECOMWORLDWIRE-October 21, 2011-IBM acquires Algorithmics for USD380.
1 September 2011 - US IT giant IBM (NYSE:IBM) said today it had entered into an agreement to take over Canadian risk analytics software provider Algorithmics for USD387m (EUR271.
M2 EQUITYBITES-September 1, 2011-IBM to acquire Algorithmics for USD387m(C)2011 M2 COMMUNICATIONS http://www.
TELECOMWORLDWIRE-September 1, 2011-IBM to acquire Algorithmics for USD387m(C)1994-2011 M2 COMMUNICATIONS http://www.
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