algorithm

Consistent with its acquisition strategy, IBM will continue to support Algorithmics clients while allowing them to take advantage of the broader IBM portfolio.

Algorithmics offered solution fits to our strategic risk objectives which will cater both to the short and long term business undertakings.

The Fitch Group also includes Fitch Solutions, a distribution channel for Fitch Ratings products and a provider of data, analytics and related services; and Algorithmics, the world's leading provider of enterprise risk solutions.

Our partnership with Algorithmics provides the market with a unique offering that meets the growing appetite for innovative, practitioner-developed credit risk models.

Algorithmics was founded in 1989 in response to the complex issues surrounding financial risk management for the enterprise.

Dr Andrew Aziz, Executive Vice President of Buy-Side Risk Solutions at Algorithmics, said: "MPI's unparalleled expertise in returns-based manager and portfolio analysis is a perfect complement to our own focus on product level risk assessment.

It is increasingly important to deliver integrated solutions that provide an understanding of risk and enable effective decision support while meeting rapidly evolving regulatory requirements," said Michael Zerbs, president and chief operating officer, Algorithmics.

In addition, Towers Watson has agreed to assist Algorithmics while the VIPitech business is being established.

Algorithmics is also strengthening its long-term support agreement with Investors Guaranty, thereby reinforcing the rigorous commitment to customer service that the partners share.

For further information: Kevin Ellis, Senior Manager Communications, Algorithmics, +1-(416)-217-4321, kellies@algorithmics.

The Fitch Group also includes Fitch Ratings and Algorithmics, and is a majority-owned subsidiary of Fimalac, S.

11 /PRNewswire/ -- Algorithmics Incorporated, a recognized leader in enterprise risk management, and Citigroup Inc.

TORONTO, November 10 /PRNewswire/ -- Algorithmics Incorporated, a recognised leader in enterprise risk management, today announced at its Algo Capital and Credit Forum in London, that it would be opening its award-winning risk management framework, Mark-to-Future, to allow the incorporation of client-developed or partner simulation engines through an application program interface (API).

TORONTO, Canada, November 10 /PRNewswire/ -- Algorithmics Incorporated, a recognized leader in enterprise risk management, today announced that its industry-leading Algo Capital solution has been enhanced to provide expected positive exposure (EPE) functionality for over-the-counter derivatives and securities financing transactions.

10 /PRNewswire/ -- Algorithmics Incorporated, a recognized leader in enterprise risk management, today announced at its Algo Capital and Credit Forum in London, that it would be opening its award-winning risk management framework, Mark-to-Future, to allow the incorporation of client- developed or partner simulation engines through an application program interface (API).