Founded in Toronto in 1989 in response to the complex issues surrounding financial risk management for the enterprise, Algorithmics is an international leader in enterprise risk management for financial institutions.

Today, Algorithmics has one of the largest and most experienced teams in the industry dedicated to developing and delivering the industry leading Algo Suite of enterprise risk management solutions to over 150 clients in 31 countries through 15 offices in key international markets. Algorithmics was recently recognized as the leading technology solutions provider in market risk, credit risk and operational risk in Risk Magazine's 2004 Technology Rankings.

Polaris, with 19 years of service experience to Financial Institutes will offer implementation and integration services around Algo Suite of products. Polaris experience in development and implementing Financial Risk Management Systems largely around Credit and Market Risk augments the functional depth offered by Algo suite of products.