TD Securities Prime Brokerage has now gone live with a managed services deployment of Algorithmics’ risk management platform Algo Risk. The 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, managing director and global head, Equity Finance, 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, 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.”