City Index Adds Algo Risk Service

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Algorithmics' hosted service is being utilized by City Index

Algorithmics announced today that City Index has gone live with its Algo Risk Service, which covers portfolio analytics, decision support and risk management.

"We look forward to providing risk analytics, reporting and portfolio construction for City Index, our first client in the retail trading sector," says Andrew Aziz, executive vice president of buy-side risk solutions at Algorithmics. "This market is becoming increasingly sophisticated and City Index is the first to leverage Algorithmics' risk analytics capability to help manage its internal capital and counterparty exposure."

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