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Algorithmics chooses Changepoint for Global Services Team
  
TORONTO--April 19, 2004--Changepoint Corporation, a leading provider of business process automation software for global services organizations and corporate IT departments, today announced that Algorithmics Inc., an international leader in enterprise risk management, will be deploying the Changepoint solution throughout its global network. Algorithmics plans to deploy Changepoint to 500 employees and enable the company's professional services organization to automate critical business processes around projects, resources and financials within a single integrated solution. Algorithmics serves a global client base of more than 150 financial institutions, providing risk management solutions that help companies measure and manage their financial risk, as well as improve their business by demonstrating the optimal risk and reward trade-off across the enterprise. "We are very pleased to that Algorithmics has joined the growing list of leading technology companies that are leveraging Changepoint's PSA solution to optimize their services operations ," said Chuck Tatham, Vice President of Marketing and Business Development of Changepoint. About AlgorithmicsAlgorithmics was founded in 1989 in response to the complex issues surrounding financial risk management for the enterprise. Today, as a leading developer with one of the largest and most experienced teams in the industry, Algorithmics continues to focus its efforts on creating and implementing enterprise risk management software that meets the evolving needs of its customers. Continuing its tradition of leading the way in risk measurement and management tools and processes, Algorithmics introduced Mark-To-Future (MtF), a risk-reward management framework, which won Risk magazine's Technology Development of the Year award for 2001. Headquartered in Toronto, with 15 offices around the world, Algorithmics serves more than 150 global clients in 31 countries. For more information, visit www.algorithmics.com About ChangepointChangepoint Corporation provides global services organizations and corporate IT departments with business process automation software to improve efficiency and provide total visibility into operations, enabling the proactive management of operational and employee performance. Leading services organizations choose Changepoint for its unmatched breadth, depth and integration. Headquartered in Canada, Changepoint has offices in the United States, United Kingdom and France. For additional information, visit our web site at www.changepoint.com For more information, please contact:Media & Analyst Inquiries |
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