Algorithmics Incorporated · Toronto, ON Canada
Company Description
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Algorithmics proposes a simple equation: its software plus your company's investments equals less risk. Algorithmics provides enterprise financial risk management software for banks, asset managers, insurance companies, brokerages, utilities, and corporations which use the company's Algo software suite to analyze and manage market, credit, asset liability, and operational risk across an enterprise. The Algo suite includes applications for managing risk related to interest rates, global credit exposures, enterprise collateral, and energy companies. Fitch Ratings acquired Algorithmics in 2005 for $175 million. To read the full description, subscribe now.
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Key Algorithmics Incorporated Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | January |
| Annual Sales (mil.) | $92.2 |
| Employees | 550 |
Algorithmics Incorporated Executives
20 executives listed for Algorithmics Incorporated's Toronto, ON location.
| Title | Name & Bio | Contact |
| CEO | Stephen Joynt | Network |
| President and COO | Michael Zerbs | Network |
| EVP Finance | Cynthia Schyff | Network |
Competition
Competitive Landscape for Algorithmics Incorporated
The US economy heavily influences business spending for software products. The success of programming companies depends heavily on strong technical expertise. The success of packaged-software companies depends on technical expertise and good marketing. Small software companies compete mainly by developing packaged products in small niches or producing custom products for individuals. Many small companies form alliances with larger ones to market their products. The packaged software industry is capital-intensive and highly automated, with average annual revenue per worker surpassing $400,000. The custom programming industry is labor-intensive: with average annual revenue per worker of about $115,000. To read the full description, subscribe now.Top Algorithmics Incorporated Competitors
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