Description Algorithmics proposes a simple equation: its software plus your company's investments equals less risk. Algorithmics provides enterprise financial risk management software for banks, asset managers, insurance companies, brokerages, utilities, and corporations, which use the company's Algo software suite to analyze and manage market, credit, asset liability, and operational risk across an enterprise. The Algo suite includes applications for managing risk related to interest rates, global credit exposures, enterprise collateral, and energy companies. Fitch Ratings acquired Algorithmics in 2005 for $175 million. IBM bought the company in 2011 for $387 million.
Algorithmics has an employee rating of 3.8 out of 5 stars, based on 49 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Algorithmics employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).
Overall, 59% of employees would recommend working at Algorithmics to a friend. This is based on 53 anonymously submitted reviews on Glassdoor.
40% of job seekers rate their interview experience at Algorithmics as positive. Candidates give an average difficulty score of 2.6 out of 5 (where 5 is the highest level of difficulty) for their job interview at Algorithmics.