IBM on Thursday announced that it would acquire Algorithmics, a risk analytics firm that serves the financial services industry, for $387 million. The company is a member of the Fitch Group, which is ...

ARMONK, N.Y., Sept. 1, 2011 /PRNewswire/ -- IBM (NYSE: IBM) today announced a definitive agreement to acquire Algorithmics for $387 million, subject to price adjustments at closing. Algorithmics is a ...

IBM plans to acquire risk analytics company Algorithmics for US$387 million, a deal that IBM said on Thursday will bolster its risk management offerings in light of increasing regulation in the ...

Algorithmics, a privately held Canadian-based company founded in 1989, provides some of the most advanced enterprise risk management solutions to financial institutions around the world to help them ...

IBM has bought Algorithmics, which makes risk-analysis software for the financial industry, to help customers meet regulators' data oversight demands. On Thursday, IBM said it has agreed to acquire ...

Big Blue will sell the fintech provider a slate of financial risk management products it purchased eight years earlier and has been building out since. IBM is offloading a slate of risk management ...

Algorithmics, the provider of risk solutions, has been awarded a patent for its operational risk capital modeling framework. The patent recognizes Algorithmics investment in its operational risk ...

Algorithmics, the world’s leading provider of risk management software solutions, announced today that it has extended its presence in the Middle East with the opening of an office in Dubai, United ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The acquisition is part of Algorithmics' overall corporate strategy to ...

Technology giant IBM has completed its US$380.2m acquisition of financial risk management software provider Algorithmics. Algorithmics’ capabilities, combined with IBM’s recent acquisition of ...