Ventana Research Analyst Perspectives

Algorithmics Acquisition Deepens IBM Software for Financial Services

Posted by Robert Kugel on Sep 3, 2011 9:55:16 AM

IBM’s announced pending acquisition of Algorithmics is an important addition to the company’s portfolio of business applications aimed at financial services companies, and it is thematically consistent with its other acquisitions in risk management and analytics such as IBM’s OpenPages risk management documentation that I have already assessed. It’s also a good fit for IBM’s professional services organization, which has a significant position in the financial services industry.

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Topics: GRC, Office of Finance, Dodd-Frank, Business Performance, Financial Performance, compliance, capital adequacy, financial regulation, financial services