Algorithmics Launches Algo Capital, Updates Two Products
Algorithmics and FRS, a business unit of S1 Corporation, have announced an agreement to deliver regulatory reporting within the Algo Capital solution. Algo Capital is a risk management solution that enables banks to measure and manage economic and regulatory capital and meet Basel II requirements. Meanwhile Algorithmics has also released a new version of its Algo Suite product. Algo Suite Version 4.4 includes a reference deployment package. In a separate announcement, Algorithmics and Bloomberg have released an updated version of Algo Risk – a market and trading risk solution that delivers users of the Bloomberg Professional service direct access to pre-integrated risk management capabilities.