Risk solutions provider Algorithmics has entered into an agreement with City Index. The spread betting, Contracts for Difference (CFDs) and margined foreign exchange provider has gone live with Algorithmics’ Algo Risk Service for intra-day risk exposure tracking.
City Index seeks to use the solution to offer a view of risk across the individual markets in which both City Index and its customers participate. Algo Risk Service is a hosted risk management, portfolio analytics and decision support tool.
Click here for the release from Algorithmics.