Algorithmics Integrates VIPitech

Algorithmics announced that VIPitech, which was acquired in June 2010, has been fully integrated. VIPitech will remain as a standalone offering and will be called Algo Financial Modeler. The software solution will be marketed to insurance firms for actuarial and financial analysis services.

"Following the successful integration of the VIPitech business into Algorithmics, the time is right to name VIPitech to fit in with Algorithmics' family of products," says Andrew Aziz, executive vice presiden

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