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Toronto, London - December 17, 2009 -

Algorithmics announced today that Holland Park Risk Management (HPRM), an independent risk management advisor to pension fund managers in the US and Canada, has signed a three-year contract for Algo Risk Service, Algorithmics' outsourced risk management and portfolio construction service.

HPRM offers consulting services to improve its clients' risk practices, as well as ongoing risk monitoring and reporting services. HPRM will use Algo Risk Service as its third-party provider of risk analytics for its clients' portfolios and will overlay its advisory services on top of the risk analytics and results generated by Algorithmics.

Valter Viola, President, Holland Park Risk Management, said: "Algorithmics' Algo Risk Service will be used to power Holland Park's "middle office", an outsourced research and risk management solution that helps chief investment officers increase risk-adjusted returns and gives trustees the transparency and control that they require.

"Risk management is the common thread that helps a fund overcome key barriers to excellence, allowing them to go from good to great. We're driven by our clients' need for higher risk-adjusted returns. Using Algo Risk Service we can deliver the best tools and expertise available to the funds that have fewer resources," he continued.

Dr. Andrew Aziz, Executive Vice President of Risk Solutions, Algorithmics commented: "We very much look forward to working with Holland Park and to providing its pension fund clients in the US and Canada with an award winning risk management capability. Holland Park's selection of the Algo Risk Service is further acknowledgement of Algorithmics' leadership position in pension/asset owner risk management."

For more information about the award-winning Algo Risk Service, please visit www.algoriskservice.com  

Algo Risk Service was again recognized as the Best buy-side risk/portfolio analytics product also won the Best overall buy-side product for 2009 in the recent Buy-Side Technology awards. http://www.algorithmics.com/EN/news/pressreleases/299-press.cfm

For more information about Algorithmics' risk management solutions for pension fund managers, visit: http://www.algorithmics.com/EN/solutions/myindustry/assetmanagement.cfm  

For further information please contact:
Heather Smith
Senior Communications Manager, Algorithmics (UK) Ltd
Direct line +44 (0) 20 7392 5820
Mobile +44 (0) 7515 974223
E-mail Heather.smith@algorithmics.com  

Notes to Editors:

Holland Park provides risk management consulting services to some of the largest pension funds and other institutional investors in Canada and the United States. The company also provides an outsourced research and risk management "middle office" to support investment and finance departments at small and mid-size funds.

Holland Park is privately owned and is independent of any asset management firm. It was founded in 2005 by Valter Viola (President), who was the first investment officer to lead the Research and Risk Management Department of the $124 billion Canada Pension Plan Investment Board from 2000 to 2005. Viola spent the prior seven years at the $87 billion Ontario Teachers' Pension Plan conducting investment policy research and managing the tactical asset allocation and inflation-linked bond portfolios. www.hollandparkrisk.com

Algorithmics is the world's leading provider of enterprise risk solutions. Financial organizations from around the world use Algorithmics' software, analytics and advisory services to help them make risk-aware business decisions, maximize shareholder value, and meet regulatory requirements. Supported by a global team of risk experts based in all major financial centers, Algorithmics offers proven, award-winning solutions for market, credit and operational risk, as well as collateral and capital management. Algorithmics is a member of the Fitch Group. www.algorithmics.com

Algo Risk offers insurers, pension funds and asset managers a fully integrated, flexible platform for assessing future market risk across an organization in a single, consistent, rigorous environment covering all investment strategies across all risk factors and asset classes. It can also be offered as a managed service, Algo Risk Service. It covers both traditional assets and sophisticated, structured products. The Mark-to-Future framework delivers accurate real-time analysis and allows users to assess the impact of a new deal on a portfolio's existing risk profile. It is designed to help firms achieve greater profitability in today's competitive world markets. www.algoriskservice.com

Fitch Group is the parent company of Fitch Ratings, a global ratings agency committed to providing the world's markets with independent, timely and prospective credit opinions. With 49 offices worldwide, Fitch Ratings' global expertise spans across capital markets in over 150 countries. Fitch Ratings is headquartered in New York and London.

The Fitch Group also includes Fitch Solutions, a distribution channel for Fitch Ratings products and a provider of data, analytics and related services; and Algorithmics, the world's leading provider of enterprise risk solutions.

The Fitch Group is a majority-owned subsidiary of Fimalac, S.A., headquartered in Paris, France. For additional information, please visit www.fitchratings.com www.algorithmics.com and www.fimalac.com  

© 2009 Algorithmics Software LLC. All rights reserved. ALGO, ALGORITHMICS, Ai & design, ALGORITHMICS & Ai & design, KNOW YOUR RISK, MARK-TO-FUTURE, RISKWATCH, ALGO ALM, ALGO COLLATERAL, ALGO CREDIT ADMINISTRATOR, ALGO CREDIT DATA SERVICES, ALGO CREDIT ECONOMIC CAPITAL, ALGO CREDIT EXPOSURE, ALGO CREDIT LIMITS, ALGO CREDIT REGULATORY CAPITAL, ALGO CREDITVANTAGE, ALGO ETREASURY CREDIT, ALGO FIRST, FIRST 500, ALGO MARKET ANALYTICS, ALGO OPDATA, ALGO OPVAR, ALGO RECONCILIATION, ALGO RISK, ALGO RISK SERVICE, and ALGO SUITE are trademarks of Algorithmics Trademarks LLC.

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