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 ...

IBM agreed to acquire risk analytics firm Algorithmics for an estimated $387 million. Algorithmics is a member of Fitch Group, which is majority owned by Fimalac, a holding company based in Paris, ...

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 ...

Algorithmics, which started doing business in 1989, has known relative stability in its product line, establishing its bona fides in the realms of market risk analytics and regulatory services. It’s ...

Global technology and innovation company IBM has acquired provider of software and services for risk assessment Algorithmics for $380.2 million. The takeover boosts IBM’s business analytics ...

OTTAWA — International Business Machines (IBM) Corp. said Thursday it has reached a deal to buy Toronto-based Algorithmics for US$387-million. Algorithmics makes software that helps financial ...

The acquisition is the second in as many days for IBM, which said Wednesday that it had an agreement to buy i2, a U.K.-based developer of security threat and fraud detection applications, for an ...

TORONTO / LONDON – An updated version of the Algo First database of operational risk events has been launched. Algo First’s database relies on a case-study approach to operational risk-loss events – ...