algorithmics - FinTecBuzz

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FinTecBuzz

by FTB News Desk

SS&C Completes Acquisition of Algorithmics

Risk Management

SS&C Completes Acquisition of Algorithmics

December 3, 20194 min

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the completion of the acquisition of Algorithmics and related assets from IBM. The addition of Algorithmics will extend SS&C’s risk analytics and regulatory offering. Supported by a global team of risk experts based in all major financial centers, Algorithmics’ solutions and technology address market, credit, and liquidity risk, as well as capital management. Algorithmics’ cloud-based technology will add micro-services within SS&C’s platform. The acquisition adds more than 200 clients, 350...

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