Associated Brand or category: Business Analytics
Algorithmics risk analytics software, content and advisory services are used by banking, investment and insurance businesses to help assess risk, address regulatory requirements and make more insightful business decisions.
This acquisition expands IBM's business analytics capabilities in the financial services industry by helping clients quantify, manage and optimize their risk exposure across a range of financial risk domains, including market, liquidity, credit, operational and insurance as well as economic and regulatory capital. Algorithmics risk analytics software and services combined with IBM's acquisition of OpenPages and recent investments in predictive analytics will provide clients with the broadest range of business analytics solutions.
Authorized product group: Risk Analytics
Announced on 1 September 2011
Closed on 21 October 2011
Transfer of business 1 October 2012*
Planned availability 1 October 2012*
* Dates are subject to change based on needs of the business.
Contact: Sue Hahn (firstname.lastname@example.org)