About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SS&C Algorithmics Releases Risk Scenario and Simulation Service

Subscribe to our newsletter

SS&C Technologies has released SS&C Algorithmics Scenarios-as-a-Service (ScaaS), a subscription-based risk scenario and simulation service. The first scenario in the series focuses on the impact of pandemics such as COVID-19.

The service uses machine learning, global datasets, financial risk modelling and stress testing to create risk scenarios. The pandemic service delivers specialised stress tests over one, five, and ten-day periods to help organisations make decisions. It links epidemiological Susceptible, Infected, Recovered and Death (SIRD) factors to major global indices across North America, Europe and Asia, and can be expanded to include other macroeconomic data analytics.

Mina Wallace, general manager at SS&C Algorithmics says the company’s stress scenarios allow organisations to plan for changing market conditions with more accurate risk assessments. She adds: “The result is a cost-effective and efficient solution for financial institutions to help prepare for what’s ahead.”

SS&C acquired Algorithmics from IBM in October 2019, adding over 200 clients, 350 employees and offices in 25 countries. IBM acquired Algorithmics from Fitch Group in September 2011 and folded the company into its business analytics and optimisation division. The Algorithmics brand all but disappeared from view at IBM, but was resuscitated as SS&C Algorithmics following the SS&C acquisition.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Cross-Regulation Data Consistency and Accuracy

Regulatory reporting obligations continue to expand, bringing with them more overlaps of data elements across reporting regimes. As many firms struggle with the accuracy and completeness of individual reporting obligations, regulators have increasingly begun to focus on cross-regulation data consistency in their data validations and examination processes. This webinar will identify cases of data overlap...

BLOG

Cboe Global Markets Selects Snowflake for Next Leg of Journey to Cloud

Cboe Global Markets is working with Snowflake to migrate its corporate data and analytics from on-premises systems to the cloud. The adoption of Snowflake’s data cloud continues Cboe’s journey to cloud and is expected to transform the company’s data and analytics infrastructure into a modern cloud architecture, bringing speed, scalability, and efficiency to its handling...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...