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Algorithmics to Graft Business Objects Tools to Algo Suite

VENDOR UPDATE

TORONTO--Mainstream business intelligence (BI) software provider Business Objects has stepped into the financial technology realm with a major OEM agreement with enterprise risk software provider Algorithmics.

Algorithmics is slated to debut in the third quarter the Algo Suite bundled with the reporting, ad hoc query and risk performance management software from Business Objects, says Vito Scoepio, director of programs for market and energy risk at Algorithmics.

"We have always offered an open and

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