About a-team Marketing Services

A-Team Insight Blogs

SS&C Expands Risk Analytics with Agreement to Buy Algorithmics’ Assets from IBM

Subscribe to our newsletter

SS&C Technologies has reached a definitive agreement to acquire certain Algorithmics’ and related assets from IBM. The addition of Algorithmics, a provider of risk analytics products and capital management solutions, will extend SS&C’s risk analytics and regulatory offering by adding over 200 clients, 350 employees and offices in 25 countries. Client types include banks, broker dealers, asset managers, hedge and private equity funds and service providers. The acquisition is expected to complete in the fourth quarter.

IBM acquired Algorithmics from Fitch Group back in September 2011 for $387 million and folded the latter’s credit, market and liquidity risk solutions into its business analytics and optimisation division. The Algorithmics brand all but disappeared from view under the wing of IBM, but will now be resuscitated as SS&C Algorithmics.

Bill Stone, chairman and CEO at SS&C Technologies, says: “The companies we serve face a rapid pace of regulatory change and increasing need for integrated real-time and predictive analytics. The addition of Algorithmics enables us to give clients innovative, cloud-based solutions and premium services to help them navigate enterprise risk successfully.”

Algorithmics’ risk analytics solutions include X-Value Adjustment (xVA), Fundamental Review of the Trading Book (FRTB), Standardised Approach for Counterparty Credit Risk (SA-CCR), Current Expected Credit Losses (CECL), and Targeted Review of Internal Models (TRIM). The company’s cloud-based technology will be integrated within SS&C’s platform and add microservices.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practice approaches to data management for regulatory reporting

Effective regulatory reporting requires firms to manage vast amounts of data across multiple systems, regions, and regulatory jurisdictions. With increasing scrutiny from regulators and the rising complexity of financial instruments, the need for a streamlined and strategic approach to data management has never been greater. Financial institutions must ensure accuracy, consistency, and timeliness in their...

BLOG

Standards and Identifiers Help to Prevent ‘Data Chaos’: Webinar Preview

Financial institutions’ absorption of ever-greater volumes of data, and their utilisation of it in a surging number of use cases, is putting strains on their data management processes. Taking the friction out of those workflows can improve performance substantially. But the absence of a unified international set of standards to ensure all data used by...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...