IBM on Thursday announced that it would acquire Algorithmics, a risk analytics firm that serves the financial services industry, for $387 million. The company is a member of the Fitch Group, which is ...

IBM plans to acquire risk analytics company Algorithmics for US$387 million, a deal that IBM said on Thursday will bolster its risk management offerings in light of increasing regulation in the ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The acquisition is part of Algorithmics' overall corporate strategy to ...

IBM has bought Algorithmics, which makes risk-analysis software for the financial industry, to help customers meet regulators' data oversight demands. On Thursday, IBM said it has agreed to acquire ...

Sept 1 (Reuters) - U.S. IT company IBM is buying Toronto-based risk analytics software firm Algorithmics for $387 million in cash to enhance its financial services capabilities. IBM said the deal, ...

Is IBM making up for lost time? After acquiring crime data intelligence software developer i2 yesterday, Big Blue is announcing another purchase this morning. The company is buying Canadian risk ...

Big Blue will sell the fintech provider a slate of financial risk management products it purchased eight years earlier and has been building out since. IBM is offloading a slate of risk management ...

Algorithmics, the world’s leading provider of risk management software solutions, announced today that it has extended its presence in the Middle East with the opening of an office in Dubai, United ...

The acquisition is the second in as many days for IBM, which said Wednesday that it had an agreement to buy i2, a U.K.-based developer of security threat and fraud detection applications, for an ...

IBM plans to acquire risk analytics company Algorithmics for US$387 million, a deal that IBM said on Thursday will bolster its risk management offerings in light of increasing regulation in the ...