TD Securities Goes Live With Management Platform Algo Risk

TD Securities and Algorithmics today announced that TD Securities Prime Brokerage has gone live with a managed services deployment of Algorithmics' market leading risk management platform Algo Risk. This offering allows TD Securities to access Algo Risk, and to then

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TD Securities and Algorithmics today announced that TD Securities Prime Brokerage has gone live with a managed services deployment of Algorithmics’ market-leading risk management platform Algo Risk.

This offering allows TD Securities to access Algo Risk, and to then make available the analytics produced by Algo Risk to TD Securities clients.

“We see this as a very significant addition to our Prime Brokerage offering in keeping with our commitment to continuously enhance our technology,” says Lionel de Mercado the Managing Director and Global Head of Equity Finance at TD Securities. “Our clients indicate that risk analytics are important to them and, working with Algorithmics, we have been able to deliver a solution.”

“We are very excited about our newly-launched managed services offering, and its risk and portfolio construction capabilities,” adds Dr. Andrew Aziz, Managing Director of Risk Solutions for Algorithmics. “This deployment gives TD Securities access to sophisticated risk management tools without the cost of ownership associated with supporting a complex infrastructure.”

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