Awards 2010: Solvency II software provider: Algorithmics

 

Diversifying into the insurance and pension fund sectors has proved a positive step for risk management technology provider Algorithmics, whose economic capital, risk management and Solvency II software – simply referred to as Algo Risk – has managed to achieve a dominant position in the European insurance sector.

During the 1990s, Algorithmics primarily catered to the banking sector, providing asset-based risk solutions for its clients’ portfolios. However, due to the applicability of its fra