Algorithmics Overview

  • Year Founded
  • 1989

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

  • Investments
  • 1

Algorithmics General Information

Description

Developer of risk analytics products based in Toronto, Canada. The company's analytics software including X-Value Adjustment (xVA), Fundamental Review of the Trading Book (FRTB), Standardized Approach for Counterparty Credit Risk (SA-CCR), Current Expected Credit Losses (CECL) and Targeted Review of Internal Models (TRIM) is used by banks, broker dealers, asset managers, hedge and private equity funds and service providers.

Contact Information

Website
www.algorithmics.com
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 185 Spadina Avenue
  • Toronto, Ontario M5T 2C6
  • Canada
Primary Industry
Business/Productivity Software
Other Industries
Financial Software
Acquirer
SS&C Technologies
Vertical(s)
SaaS, TMT
Corporate Office
  • 185 Spadina Avenue
  • Toronto, Ontario M5T 2C6
  • Canada

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Algorithmics Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Algorithmics Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Algorithmics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-0686926-A2 Method and apparatus for optimal portfolio replication Inactive 24-May-1994

Algorithmics Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Algorithmics Acquisitions (1)

Algorithmics’s most recent deal was a Merger/Acquisition with VIPitech. The deal was made on 23-Jun-2010.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
VIPitech 23-Jun-2010 Merger/Acquisition Financial Software
To view Algorithmics’s complete acquisitions history, request access »

Algorithmics FAQs

  • When was Algorithmics founded?

    Algorithmics was founded in 1989.

  • Where is Algorithmics headquartered?

    Algorithmics is headquartered in Toronto, Canada.

  • What industry is Algorithmics in?

    Algorithmics’s primary industry is Business/Productivity Software.

  • Is Algorithmics a private or public company?

    Algorithmics is a Private company.

  • What is the current valuation of Algorithmics?

    The current valuation of Algorithmics is .

  • What is Algorithmics’s current revenue?

    The current revenue for Algorithmics is .

  • Who are Algorithmics’s investors?

    Fimalac Group and International Business Machines have invested in Algorithmics.

  • When was Algorithmics acquired?

    Algorithmics was acquired on 29-Nov-2019.

  • Who acquired Algorithmics?

    Algorithmics was acquired by SS&C Technologies and Fitch Group.

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