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Toronto, London, New York – April 20, 2011– Algorithmics, the world's leading provider of enterprise risk solutions, will be at this year's G-COR V (Global Conference on Operational Risk) in Boston, MA, on May 3^rd and 4^th, 2011.

At the conference, Laura Polak, Director, Operational Risk Content, will be speaking on disaster-related operational risks and examining how an operational risk perspective can help understand how these types of events have a broader impact across risk types in an institution.

It is critical that risk practitioners, including those in operational risk, take a broader view of natural disasters and see what additional impacts they may have; for example, in terms of available funding for spend on investment; or understanding how they may impact existing projects, or growth for specific products or industries.  The type of events that are recorded as operational risk can be more comprehensive and have the impact of touching other categories of risk, such as credit or market.  Institutions need to ensure that they take a broader focus when examining these types of loss.

Laura Polak will be speaking at 2:15 pm on Tuesday, May 3rd as part of Stream 3 and her presentation topic is From Earthquakes to Insider Trading: Looking at Recent External Events.

For more information about Algorithmics' award winning and patented solutions, visit: http://www.algorithmics.com/

ENDS 

For further information please contact:
Heather Smith, Senior Communications Manager, Algorithmics (UK) Ltd
Direct line +44 (0) 20 7392 5820  Mobile+44 (0) 7515 974223
E-mail Heather.smith@algorithmics.com

Notes to Editors:
Algorithmics is the world's leading provider of risk solutions. Financial organizations from around the world use Algorithmics' software, analytics and advisory services to help them make risk-aware business decisions, maximize shareholder value, and meet regulatory requirements. Supported by a global team of risk experts based in all major financial centers, Algorithmics offers proven, award-winning solutions for market, credit and operational risk, as well as collateral and capital management. Algorithmics is a member of the Fitch Group. http://www.algorithmics.com/

Operational risk software: Algo OpVar is a fully integrated, pre-configured software solution for identifying, managing, measuring, and mitigating operational risk, which helps institutions successfully meet their regulatory, governance, and compliance goals.  Designed to capture a virtually unlimited number of operational risk and compliance factors, Algo OpVar Standard Edition provides a transparent system that helps business units and risk officers enhance operational risk management. Individual users can analyze, monitor, and report any of these factors, individually or in context of their associated relationships. The software integrates proven methodologies through a flexible, user-friendly interface. As an 'out-of-the-box' offering, Algo OpVar Standard Edition enables firms to bypass lengthy customization phases and quickly provide management with a comprehensive, enterprise-wide operational risk framework.

Operational risk content: Algo FIRST, utilizing a unique real-life case study approach, is designed to assist institutions with their analysis of risk, governance and compliance events. The Algo FIRST database is used as a qualitative tool, providing information on control breakdowns, event triggers, insight into why the losses occurred and lessons learned. Algo FIRST contains case studies on more than 10,000 loss events and is unrivalled in its depth of analysis and coverage of the industry. 

Algo OpData Nearly 12,000 publicly-reported operational risk losses populate the Algo OpData quantitative loss database, making it the most complete operational loss resource available today. Algo OpData is a key component of the capital modeling process, supplementing internal loss data in order to populate 'tail' (high severity, low frequency) events so that firms may gain insights into risks they have yet to experience.

Fitch Group is the parent company of Fitch Ratings, a global ratings agency committed to providing the world's markets with independent, timely and prospective credit opinions. With 49 offices worldwide, Fitch Ratings’ global expertise spans across capital markets in over 150 countries. Fitch Ratings is headquartered in New York and London.

The Fitch Group also includes Fitch Solutions, a distribution channel for Fitch Ratings products and a provider of data, analytics and related services; and Algorithmics, the world's leading provider of enterprise risk solutions.

The Fitch Group is a majority-owned subsidiary of Fimalac, S.A., headquartered in Paris, France.

For additional information, please visit http://www.fitchratings.com/  http://www.algorithmics.com/ and http://www.fimalac.com/

© 2011 Algorithmics Software LLC. All rights reserved. ALGORITHMICS, Ai Logo, ALGORITHMICS & Ai Logo, ALGO, MARK-TO-FUTURE, RISKWATCH, KNOW YOUR RISK, ALGO RISK, ALGO MARKET, ALGO CREDIT, ALGO COLLATERAL, ALGO FIRST, ALGO ONE, ALGO FOUNDATION, ALGO FINANCIAL MODELER, ALGO OPVAR and TH!NK Logo are trademarks of Algorithmics Trademarks LLC.