Welcome to CanadianHedgeWatch.com
Monday, November 11, 2019

Algorithmics to Provide New Risk Management Platform for TD Securities Prime Brokerage


Date: Thursday, March 9, 2006
Author: TDSecurities

Toronto, Canada March 8, 2006 - Algorithmics Incorporated, a world leader in enterprise risk management solutions, today announced it will provide its market-leading risk management platform Algo Risk to TD Securities' Prime Brokerage business. "Algo Risk will enhance our ability to provide best-in-class services to our Prime Brokerage hedge fund clients," said Lionel deMercado, managing director and global head, equity finance for TD Securities. "Algo Risk's open and flexible platform, along with their expertise, will help us to position this important business segment for future growth." "Increasingly, hedge funds are seeking cost effective yet sophisticated solutions for monitoring their risk exposures across a broad range of investment strategies," said Dr. Andrew Aziz, vice president of market risk and buy-side solutions for Algorithmics. "We are pleased to be delivering Algo Risk to TD Securities and adding value to the services they provide to their Prime Brokerage hedge fund clients."

About TD Securities - TD Securities Inc.'s Prime Brokerage group provides money managers with the flexibility to trade with multiple brokers while consolidating one master account with TD Securities. Centralizing service allows clients to focus on portfolio management and building their business while leaving the operational and administrative issues to TD Securities. The Prime Brokerage team is distinguished by its quality of client service, its integrity and its experience in the industry. Clients work with highly qualified specialists who are committed to understanding their particular business objectives and investment strategies. These specialists have in-depth practical knowledge and extensive experience in the Prime Brokerage business. Prime Brokerage clients enjoy access to other areas, services and strengths of TD Securities including: research; strategies and trade execution; strong operational support; structured finance; and Tax structuring. To learn more about TD Securities Prime Brokerage services, visit www.tdsecurities.com.

About Algo Risk - Algo Risk provides hedge fund traders, portfolio managers, risk managers and quants with a robust risk and portfolio-modeling environment that enables users to measure, monitor, manage and optimize risk and return in real time. Algo Risk supports a wide range of advanced portfolio/risk analytics, valuation methodologies, scenario generation techniques and optimization algorithms, which allow the solution to serve as the foundation for a hedge fund's portfolio construction and risk oversight processes. www.algorithmics.com/solutions/risk/index.shtml

About Algorithmics - Founded in 1989, Algorithmics is recognized as the world's leading provider of enterprise risk management solutions and services that enable financial institutions to effectively understand and manage their financial risk. Algorithmics has over 300 clients, including more than 75 of the 100 largest financial institutions in the world. Algorithmics was voted as the leading enterprise risk solution provider for Basel II, market risk, credit risk, operational risk and collateral management in Risk magazine's 2005 Technology Rankings. www.algorithmics.com

About Fitch Group - Fitch Group is the parent company of Fitch Ratings, a leading global rating agency committed to providing the world's credit markets with accurate, timely and prospective credit opinions. Fitch Ratings is dual-headquartered in New York and London, operating offices and joint ventures in more than 50 locations and covering entities in more than 80 countries. Fitch Group is a wholly owned subsidiary of Fimalac, S.A., an international business support services group listed and headquartered in Paris, France.

2006 ALGO, ALGORITHMICS, AI & design, MARK-TO-FUTURE, ALGO CAPITAL, ALGO COLLATERAL, ALGO CREDIT, ALGO MARKET, ALGO OPVANTAGE, ALGO RISK, and ALGO SUITE are trademarks of Algorithmics Trademarks LLC.

Contact:
Kevin Ellis
Algorithmics Inc., Toronto
416-217-4321
kellis@algorithmics.com