Algorithmics

Toronto, Canada Founded: 1989 • Age: 37 yrs Acquired By SS&C
Algorithmics by SSC is focused on financial risk management solutions.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Algorithmics

Algorithmics is a company based in Toronto (Canada) founded in 1989 was acquired by SS&C in December 2019. It operates as a SaaS (Software-as-a-Service), Managed Services, and FinTech. Algorithmics offers products and services including SS&C Algorithmics HiPER Risk Engine, SS&C Algorithmics for Asset Management, SS&C Algorithmics for Banking, and SS&C Algorithmics for Insurance. Algorithmics operates in a competitive market with competitors including Socure, Alloy, BioCatch, Middesk and Ncontracts, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Financial Services
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ss&C Technologies, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    IBM

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    SS&C

    & 3 more

    (Dec 02, 2019)

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Products & Services of Algorithmics

Algorithmics offers a comprehensive portfolio of products and services, including SS&C Algorithmics HiPER Risk Engine, SS&C Algorithmics for Asset Management, SS&C Algorithmics for Banking, and SS&C Algorithmics for Insurance.

Product name locked
Category locked
Primary

High-performance risk simulation engine for financial calculations.

Product name locked
Category locked
Locked

Integrated solution for market, credit, liquidity risks.

Product name locked
Category locked
Locked

Platform managing market, credit, liquidity risks effectively.

Product name locked
Category locked
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Integrated risk management for insurers and portfolios.

Funding Insights of Algorithmics

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Detailed funding history for Algorithmics

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

Verified entity values are shown only after access is granted.

Investors in Algorithmics

Algorithmics has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include IBM, Fitch Ratings and SS&C.

All
Institutional
Investor Description Founded Year Domain Location
Cloud-based software is provided for investment management firms.
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Credit ratings and global financial data are aggregated for investors.
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Hybrid cloud and DevOps automation are delivered to enterprises.
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Investor details for Algorithmics

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Algorithmics

Investments
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Investment portfolio details for Algorithmics

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Algorithmics

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Detailed financials for Algorithmics

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Algorithmics Comparisons

Algorithmics Primary company
Description
Algorithmics by SS&C is focused on financial risk management...
Location
Toronto, Canada
Founded Year
1989
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Algorithmics

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Algorithmics

Algorithmics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Socure, Alloy, BioCatch, Middesk and Ncontracts, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-based identity verification and fraud detection are provided.
Locked Locked Locked
Identity decisioning platform is provided for banks and fintech firms.
Locked Locked Locked
Provider of behavioral biometrics cybersecurity solutions
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Risk management solutions for financial institutions are offered.
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Integrated risk and compliance solutions are offered for financial institutions.
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Cloud based payment automation and cash management solutions for businesses
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Detailed competitors of Algorithmics

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  • Domains and locations
  • Full company profiles
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Verified entity values are shown only after access is granted.

Latest news on Algorithmics

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Complete news archive for Algorithmics

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Algorithmics

Algorithmics was founded in 1989.

Algorithmics is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Algorithmics, a division of SSC Technologies, Inc., is dedicated to providing advanced financial risk management and regulatory capital solutions. Services are offered to banks, insurance companies, and asset management firms through integrated platforms. Solutions include market, credit, and liquidity risk management, supported by cutting-edge technology like the HiPER Risk Engine. Operations span multiple industries such as banking, insurance, and wealth management, with deployment options including on-premise, cloud, and managed services. Partnerships with entities like CLIMAFIN and Riskthinking.AI enhance offerings in climate financial risk assessment.

Algorithmics's top competitors include Alloy, Socure and FinBox.

Algorithmics offers SS&C Algorithmics HiPER Risk Engine, SS&C Algorithmics for Asset Management, SS&C Algorithmics for Banking, and SS&C Algorithmics for Insurance.

Algorithmics has 3 investors. Key investors include IBM, Fitch Ratings, and SS&C.

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