Browsing Tag

Algorithmics Assets

SS&C to Acquire Algorithmics Assets from IBM

Acquisition to expand SS&C's risk analytics and regulatory solutions SS&C Technologies Holdings, Inc. announced it has entered into a definitive agreement to acquire certain Algorithmics and related assets from IBM. Algorithmics provides leading risk analytic products and services for the financial services industry worldwide. The addition of Algorithmics will extend SS&C's risk analytics and regulatory offering. The acquisition is expected to be completed in the fourth quarter, pending the completion of…