Algorithmics, the Canadian risk management solutions supplier, has signed a deal with Bloomberg, the information vendor, under which Bloomberg data will appear on Algorithmics' systems.

The alliance will mean Algorithmics' users can automatically map terms and conditions, instrument prices and risk factor data such as interest rate curves, index prices and exchange rates for a range of instrument types available through Bloomberg's so-called Data Licence product. Such analysis means risk measurement can be far more accurate.