Updated Algo Suite Unveiled by Algorithmics

Algorithmics has launched the latest version of its enterprise risk management solution – Algo Suite 4.5. The latest version sees advancements in the integration of economic capital measurement and regulatory compliance, introduces credit workflow functionality, and reduces the complexity and cost of ownership. “Our clients understand that Basel II is about better risk management and better business practices, not just compliance,” said Dr Michael Zerbs, president and chief operating officer at Algorithmics. He added that through the updated version “we are enabling our clients to meet Basel II deadlines while supporting a longer term strategic risk management framework.”


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