Critical Issue of Buy-Side Risk the Focus of US Events

Buy-Side Professionals to Explore Emerging Trends and Risk Mitigation Techniques in New York, Boston and Chicago

Toronto, Canada - October 4, 2005 - Algorithmics Incorporated, an international leader in enterprise risk management solutions, in cooperation with Bloomberg and Hedge Fund & Investment Technology magazine, today announced a Buy-Side Risk Seminar Series, scheduled for selected North American cities through the month of October.

The Emerging Trends & Risk Mitigation Techniques for Hedge Funds event takes place in New York on October 11, and then in Chicago on October 20. Emerging Trends & Risk Mitigation Techniques for Asset Managers is scheduled for Boston on October 18. These thought-provoking sessions, led by senior buy-side professionals, will focus on risk mitigation techniques and emerging market trends that impact the buy-side community.

Guest speakers slated for the Buy-Side Risk Seminar Series include: James Gerard, Fidelity Investments; Marc Groz, Sailfish Capital Partners; Jonathan Howitt, Man Group Plc.; Richard Hrvatin, Fitch Ratings; Tom Kyle, DTAP Capital Advisors; William Martin, Bank of America; John Reilly, Harvard Management Company; and Michael Richard, Morgan Stanley Prime Brokerage.

"During this period of low inflation, low interest rates and yet still volatile markets, there is strong investor demand for both yield and capital preservation," says Andrew Aziz, managing director for Algorithmics' buy-side solution, Algo Risk. "Add growing regulatory and competitive pressures to an increasingly risk savvy investor, and now the rigorous discipline of risk oversight is more critical than ever."

"The increased visibility of the hedge fund industry requires hedge funds to take risk management seriously both to install internal risk controls and meaningfully convey risks taken to investors. The challenge is finding a solution that is both granular and efficacious while still possessing a low cost of ownership," says Brent Rossum, product manager at Bloomberg.

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