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Algorithmics provides analytics software and advisory services to banks, including HSBC, Societe Generale and Nedbank, as well as insurance and investment companies, according to a news release. It has more than 350 clients according to the company.On December 2, 2019, Algorithmics was acquired by SS&C. The terms of the agreement were not disclosed.
Total funding
~$36M
HQ 🇨🇦
Toronto, Canada
Year founded
1989
Status
Acquired
People
Ron Dembo
Founder, Chief Executive Officer
David Penny
Chief Technology Officer
Stuart Petersen
Chief Commercial Officer
Andrew Aziz
Executive Vice President
Jonathan Di Giambattista
Senior Vice President
Franck Vialaron
Managing Director
Investors
SS&C Technologies
IBM
Fitch Group
Teachers Private Capital
VenGrowth Capital Partners
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