Awards

The Banker Technology Awards 2008

Algorithmics has been awarded the 'Wholesale & Capital Markets Award for Risk Management' in The Banker magazine's sixth annual Technology Awards. The Banker Technology Awards seek to identify and celebrate excellence and innovation in all areas of banking technology. Algorithmics was recognized for a stochastic pricing model for Intesa Sanpaolo that has enabled the bank to rapidly bring complex structured products to market, while still controlling their risk.

OpRisk & Compliance Software Rankings 2007

OpRisk & Compliance Magazine has named Algorithmics the leading vendor for Regulatory and Economic Capital, and Scenario Analysis, in their 2nd annual Software Rankings. The results are based on nominations by readers, who also rewarded Algorithmics with improved results over last year in the categories of Operational Risk Loss Data, Key Risk Indicators, and Risk Control Self Assessments, as well as in the overall ranking.

European Banking Technology Awards 2007

Now in their 8th year, the European Banking Technology Awards, sponsored by Banking Technology magazine, reflect excellence across a range of IT activities in banking and financial services. Algorithmics is proud to have been awarded a "Highly Commended" in the Readers' Choice category of Best Risk Management Product.

Synergy Award for Innovation 2007

Algorithmics is proud to announce that its research collaboration with the University of Toronto in financial mathematics and risk management has been chosen to receive a Synergy Award from the Government of Canada.  Launched in 1995, Synergy Awards are used to recognize outstanding achievements of university-industry collaboration.

Risk Technology Rankings 2007

Algorithmics has been recognized as the risk management leader in the Risk Technology Rankings 2007 as voted by the readers of Risk magazine. "Algorithmics remains the dominant risk management system supplier in the rankings ... the company is a market leader across all risk categories," writes Clive Davidson, contributing editor at Risk magazine.

Click here to download PDF

Banking & Finance ICT Innovation Awards 2007

Algorithmics, together with SecondFloor and ING Corporate Insurance Risk Management, have received the 2007 Banking & Finance ICT Innovation Award for the Netherlands. An innovative risk reporting platform, built by Algorithmics and SecondFloor for ING Global Insurance Risk, was selected as the winning project by a panel of banking and finance experts. " By implementing this system, ING Global Insurance Risk has made a quantum leap in terms of its IT infrastructure," notes Richard Neve, contributing editor at Banking & Finance.

Click here to download PDF

'Canada's Top 100 Employers 2006' award

Algorithmics has once again been recognized as one of Canada's Top 100 Employers, published annually by Maclean's, the Canadian weekly news magazine. The award profiles organizations that are the leaders in their fields in attracting and retaining high quality employees. Organizations are graded in many areas, including: physical workplace; work atmosphere and social; health, financial and family benefits; vacation and time off; employee communications; performance management; and training and skills development.

Waters Rankings 2006: Best Op-Risk Compliance

Waters selects Algorithmics as the leading Operational Risk and Compliance Provider in the magazine's fourth annual financial technology rankings. "It wasn't even a close race when the readers of Waters, over 10,000 financial technologist spread across the globe, decided who they look to for operational risk compliance," said Rob Daly, Deputy Editor for Waters. "In one of the few landslide victories in the fourth annual Waters Rankings, Algorithmics easily trounced its nearest competition by walking away with approximately three times the votes."

Click here to download PDF

Risk Technology Rankings 2006

Algorithmics has been recognized as the risk management leader in the Risk Technology Rankings 2006 as voted by the readers of Risk magazine. "Algorithmics remains the dominant risk management system supplier in the rankings ... the company is a market leader across all risk categories," writes Clive Davidson, contributing editor at Risk magazine. Algorithmics took the most first place finishes across the risk systems categories, including market risk, regulatory and economic capital calculations, operational risk assessment and key risk indicators, and collateral management.

Click here to download PDF

Risk Technology Rankings 2005

Once again, the readers of Risk Magazine and users of risk management solutions have ranked Algorithmics the leading risk management provider. According to Risk Magazine, "The rankings show that its brand is as strong as ever. Algorithmics once again swept the board in terms of risk management." Algorithmics ranked first in market risk, credit risk in trading and banking, and credit risk limit checking, and first in the new categories of Basel II and collateral management. In operational risk, Algorithmics was ranked first in capital calculation, second in operational risk key risk indicators and internal loss data, and third in operational risk assessment.

Click here to download PDF

Risk Technology Rankings 2004

Algorithmics "dominated" the first-ever technology rankings. Says Risk magazine, "Algorithmics ranked number one in market and credit risk, and credit limit checking, second in credit risk capital calculation, and first in operational risk capital calculation. As one of the organizations that helped define enterprise risk management, and one of the few technology suppliers to focus solely in this area, with more than 150 clients now across the globe, its commanding position comes as no surprise".

Click here to download PDF

Branham300

The Branham300 highlights the top Canadian IT companies and represents a truly insightful piece of intelligence on the Canadian information technology market. In 2004, Algorithmics was ranked sixth in the Top 25 Canadian Software Companies and 41st in the Top 250 Canadian Technology Companies.

Canada's 50 Best Managed Companies Award

Algorithmics was recognized in 2002 by Deloitte & Touche and the National Post as one of Canada's best managed companies, implementing world-class best business practices and creating value in innovative ways. Algorithmics has won this select achievement twice (first in 1999) and won honourable mention in 2004, 2003 and 2001.

PROFIT100 Award

Algorithmic's placement as one of Canada's Fastest Growing Companies for the year 2002 is a tremendous achievement. The PROFIT100 Award stands as a highly exclusive symbol of success, and symbolizes Algorithmics' commitment to excellence and achievement.

'Omond Solandt' award

Algorithmics is pleased to announce it has been selected as the 2002 recipient of the 'Omondt Solandt' award by the Canadian Operational Research Society. The Omondt Solandt Award honours both public and private organizations for outstanding contributions to the development and use of operational research methods in financial engineering and risk management.

'Technological Development of the Year' award

Risk Magazine has awarded Algorithmics Incorporated the 'Technological Development of the Year' award for 2000, citing the firm's Mark-to-Future (MtF^TM) methodology as "The most significant contribution to the analysis and processing of risk information..."

Click here to download PDF