IBM Algo One V5.2 provides corporations with a highly flexible and scalable solution for building an integrated, enterprise-wide approach to financial risk management

IBM United States Software Announcement 218-468
October 2, 2018

Table of contents
OverviewOverviewTechnical informationTechnical information
Key prerequisitesKey prerequisitesOrdering informationOrdering information
Planned availability datePlanned availability dateTerms and conditionsTerms and conditions
DescriptionDescriptionPricesPrices
Program numberProgram numberOrder nowOrder now
PublicationsPublications


At a glance

Top rule

IBM® Algo One® V5.2 provides corporations with a highly flexible and scalable solution for building an integrated, enterprise-wide approach to manage financial risk. Algo One V5.2 delivers significant investments in net new technology and functionality that include Algo One Counterparty Credit Risk Advanced Exposure Modeling Add-on and integration with Algo® Workspace Analyzer.

Algo One V5.2 consolidates a wide array of enhancements that include:

  • Support for big data technology
  • Enhanced ability for users to construct and drive simulations and what-if analysis
  • Improved stress testing capabilities
  • Extended pricing and scenario libraries
  • Use of Algo Workspace Analyzer for a wide variety of analysis and reporting solutions across market risk, Fundamental Review of the Trading Book (FRTB), Standardized Approach for measuring Counterparty Credit Risk (SACCR) and Asset Liability Management (ALM)/Liquidity.
  • Functionality for advanced exposure modeling to meet Targeted Review of Internal Models (TRIM) guidance in compliance with Basel Internal Model Method (IMM), as specified by the European Central Bank.

Algo One V5.2 components are configurable into solutions that meet the specific requirements of sell-side and buy-side firms:

  • Sell-side solutions
    • Algo Market® Risk - FRTB
    • Algo Credit® Exposure
    • Algo Integrated Market and Credit Risk - Real-time
    • Algo Asset Liability Management (ALM) and Liquidity Risk on Big Data
    • Algo Capital Management
  • Buy-side solutions
    • Algo Portfolio Construction and Risk Management - Installed Edition
    • Algo Risk® for Insurance



Back to topBack to top

Overview

Top rule

Corporations can meet their specific business requirements by building Algo One solutions up from three different layers of components. Each solution starts with a foundation, which is combined with base components to provide functionality within a particular risk area, and base functionality can be extended with add-on components. A list of sell-side and buy-side solutions can be built from Algo One components of foundations, bases, and add-ons.

Sell-side solutions

  • Algo Market Risk - Fundamental Review of the Trading Book (FRTB) provides corporations with the fundamentals of scenario-based risk management to given financial institutions a leading solution for measuring and managing market risk across asset classes. This can be applied to help banks comply with regulations, such as the FRTB.

    This solution builds on Algo One Foundation or IBM Algo One Big Data Foundation and Algo One Market Risk Base plus several add-ons.

  • Algo Credit Exposure provides corporations with the risk-analytics methodologies that are needed to measure, manage, and control counterparty credit risk exposures, which can be applied to help banks comply with regulations that prescribe the standardized approach for measuring counterparty credit risk.

    This solution builds on Algo One Foundation and Algo One Counterparty Credit Risk Base.

  • Algo Integrated Market and Credit Risk - Real-time provides firms with an interface to control market and credit risk exposures in real time and batch.

    This solution builds on Algo One Foundation, Algo One Market Risk Base, Algo One Counterparty Credit Risk Base and Algo One Counterparty Credit and Market Risk Workspace Add-on.

  • Algo Asset Liability Management (ALM) and Liquidity Risk on big data enables the measurement of the interest rate and liquidity risk, structural currency risk, and consumer behavior modelling of core banking activities.

    This solution builds on Algo One Big Data Foundation, with IBM Algo One Big Data Liquidity Risk Base and IBM Algo One Big Data ALM Base components. When combined, delivers high-speed analytics through business-driven interfaces. The use of big data technologies offers efficiently running simulations on high-data volumes without pooling.

  • Algo Capital Management provides financial institutions with the tools, technology, and support to help address the challenges of regulatory capital management per the Basel Accords.

    This solution builds on Algo One Foundation and Algo One Credit Regulatory Capital Base.

Buy-side solutions

  • Algo Portfolio Construction and Risk Management - Installed Edition is designed to help asset owners, servicers, and managers to:
    • Optimize the risk-return profile of portfolios.
    • Implement effective and insightful risk oversight.
    • Address increased client and regulatory demands for transparency and sophisticated risk governance.

      This solution builds on Algo One Foundation and Algo One Buy Side Base.

  • Algo Risk for Insurance helps insurers manage balance-sheet risk exposures for economic capital, solvency capital (such as. Solvency II), and risk management purposes. Supporting both internal and standard model approaches, this solution is designed to deliver timely and valuable information to risk managers, actuaries, portfolio managers, and senior management to enable tactical and strategic portfolio construction and business mix decision making.

    This solution builds on Algo One Foundation and Algo One Buy Side Base.



Back to topBack to top

Key prerequisites

Top rule

For specific product details, see the Technical information section.



Back to topBack to top

Planned availability date

Top rule

November 27, 2018



Back to topBack to top

Description

Top rule

Algo One V5.2 provides corporations with a highly flexible and scalable solution for building an integrated, enterprise-wide approach to financial risk management.

Algo One foundations and add-on components

Building Algo One solutions meet business requirements start by selecting the appropriate foundation. Corporations can choose either the standard approach of Algo One Foundation or the highly scalable approach of Algo One Big Data Foundation.

  • Includes core functionality that is related to risk data management, scenario generation, scenario engines, common risk models, and risk calculation.
  • Add-ons are available for all Algo One solutions that enhance the capabilities and functionality of Algo One Foundation as required to meet specific analytical needs.
  • Integrates big data technology with the core functionality of Algo One Foundation. This enables financial firms to cost effectively scale up the computational power of Algo One risk management and compute risk analytics on much larger volumes of more complex data within shorter time frames.

All Algo One foundations include RiskWatch®, a sophisticated desktop interface, which provides an extensive set of models and methodologies to simulate, measure, and manage risk exposures.

Corporations can extend the functionality of their chosen foundation through the following add-ons and they can combine solutions that are offered in the Algo Workspace Analyzer family for advanced aggregation, analysis and reporting functionality.

  • Algo One Developer Add-on provides additional options for creating customized valuation functions, including the developer interfaces for Risk++ and RiskScript. Risk++ consists of a set of C++ libraries, and RiskScript is a variant of Visual Basic for Applications (VBA) language.

    Algo One Developer Add-on requires a foundation and at least one base component.

  • Algo One Stress Testing Workbench Add-on is a browser-based, graphical, and interactive interface that provides users the ability to use enhanced scenario methodologies to construct, validate, share, and manage stress scenarios for internal risk management and regulatory reporting.

    Algo One Stress Testing Workbench Add-on requires a foundation and at least one base component.

  • Algo One Dynamic Strategies Add-on helps to improve hedge effectiveness and lower hedging costs with risk management tools for optimizing trading strategies. Simulation results give insights on what is best to trade, how much, and when, based on multiple market scenarios that outline the potential profit and loss impacts.

    Algo One Dynamic Strategies Add-on requires a foundation and at least one base component.

  • Algo One Commodity Models Add-on includes standard valuation models for commodities that include valuations that are based on forward pricing by using constant maturity or a rolling nearby process, and a Schwartz and Smith model.

    Algo One Commodity Models Add-on requires a foundation and at least one base component.

  • Algo One Credit Derivative Models Add-on includes standard valuation models for:
    • Credit derivatives
    • Three types of valuation procedures for synthetic Collateralized Debt Obligations (CDOs)
    • Analysis, convolution
    • Monte Carlo
    • The means to estimate from market quotes the inputs into the models, such as:
      • Base correlation
      • Hazard curves
      • Spreads

    Algo One Credit Derivative Models Add-on requires a foundation and at least one base component.

  • Algo One Stochastic Pricing Models Add-on includes standard valuation models that facilitate the pricing of exotic derivatives (interest rate, foreign exchange, or equity), using a Monte Carlo approach. Clients can select from a payoff function or specify their own using a straightforward C++ or Python interface.

    Algo One Stochastic Pricing Models Add-on requires a foundation and at least one base component.

  • Algo One MBS/ABS Add-on includes standard valuation models for a wide range of interest rate products. Users can build fixed income instruments from terms and conditions or specify payments individually. Pricing algorithms include:
    • Discounting
    • Numerical methods
    • Lattices
    • Monte Carlo

    Supported interest rate evolution processes include:

    • Forward-based pricing
    • Normal distribution
    • Hull-White
    • Two-factor Hull-White
    • Amin-Jarrow
    • Black-Karasinski.

    Algo One MBS/ABS Add-on requires a foundation and at least one base component.

  • Algo One Foundation Sobol Option Add-on includes the option to utilize so-called "quasi-random" Sobol sequences for typical financial analysis by applying Monte Carlo methods. Sobol sequences can help reduce the number of scenarios required to reach a desired level of convergence.

    Algo One Foundation Sobol Option Add-on requires a foundation and at least one base component.

  • Algo One Advanced Simulation Add-on enables more efficient resimulations that are used to drive risk calculations, such as Value at Risk (VaR) and expected shortfall. For the large number of repetitive expected shortfall calculations that are required under Fundamental Review of the Trading Book (FRTB), this module:
    • Helps firms quickly cascade results and aggregate at the appropriate trading desk levels.
    • Provides more advanced capabilities for analyzing tail risk and analyzing risk attribution.

    Algo One Advanced Simulation Add-on requires a foundation and at least one base component.

  • Algo One High Speed Simulation Extension Add-on is designed to enable clients to increase simulation speeds on specific asset classes of financial instruments. The speed increase is achieved by configuring common modeling assumptions by asset class to optimize simulations of financial instruments within that class. High- speed simulation extensions are available for:
    • Interest rate products
    • Foreign exchange products
    • Equities
    • Credit derivatives
    • Commodities
    • Energy futures

    Algo One High Speed Simulation Extension Add-On requires a Foundation and at least one base component.

Algo One sell-side and buy-side solutions that are built from base components plus add-on components

Algo One base components offer functionality within a particular risk area, and extend functionality through various add-ons. Typical sell-side and buy-side solutions that can be built from Algo One components that function as foundations, bases, and add-ons include:

  • Solution
    • Algo One Market Risk - FRTB provides firms with the fundamentals of scenario-based risk management, which can be applied to help banks comply with regulations, such as the FRTB.
  • Solution components
    • Algo One Market Risk Base computes market-risk measures (for example, VaR and expected shortfall) by using simulation methods, such as historical or Monte Carlo methods or using a parametric approach on an end-of-day or intraday frequency. This also includes the capability to conduct stress testing and sensitivity analysis.

      Algo One Market Risk Base requires either Algo One Foundation or Algo One Big Data Foundation.

    • Algo One Market Risk Default Risk Charge Add-on measures the default risk charge based on a 99.9 percentile VaR calculation, using a one-year time horizon assuming constant positions over the one-year horizon. This module computes Incremental Default Risk (IDR) for all instruments that are subject to issuer risk, including sovereign bonds and equities and also equity indices. The computation is based on a two-factor systemic model and includes correlated recovery rates.

      Algo One Market Risk Default Risk Charge Add-on requires Algo One Market Risk Base and Algo One Credit Derivative Models Add-on.

    • Algo One Market Risk Standardized Approach Add-on computes the regulator prescribed sensitivities (such as delta, curvature, and vega) of the standardized sensitivity-based approach that is mandatory under FRTB regulations. Calculations can also accept sensitivities from external systems and aggregate the sensitivities, by using the prescribed risk weights and correlations.

      Algo One Market Risk Standardized Approach Add-on requires Algo One Market Risk Base.

    • Algo One Market Risk FRTB Add-on bundles the functionality of Algo One Advanced Simulation Add-on, Algo One Market Risk Default Risk Charge Add-on, and Algo One Market Risk Standardized Approach Add-on.

      Algo One Market Risk FRTB Add-on requires Algo One Market Risk Base and Algo One Counterparty Credit and Market Risk Workspace Add-on.

  • Solution
    • Algo Credit Exposure provides firms with the risk analytics methodologies needed to measure, manage, and control counterparty credit risk exposures, which can be applied to help banks comply with regulations prescribing the standardized approach for measuring counterparty credit risk.
  • Solution components
    • Algo One Counterparty Credit Risk Base provides the capability to calculate presettlement, counterparty, credit-risk measures (for example, potential future exposures) on an end-of-day or intraday batch frequency. The counterparty, credit risk measures are calculated taking into account netting and collateral agreements that are entered into between the client and its counterparties. The system also provides the capability to develop custom aggregation functions. Algo One Counterparty Credit Risk Base serves as the foundation layer for real-time counterparty credit risk analysis.

      Algo One Counterparty Credit Risk Base requires Algo One Foundation.

    • Algo One Counterparty Credit Risk Standardized Approach Add-on includes a comprehensive, non-modelled approach for measuring counterparty credit risk associated with over-the-counter (OTC) derivatives, exchange-traded derivatives, and long settlement transactions, which align with the Basel Committee's final standard on the standardized approach for measuring counterparty credit risk exposures.

      Algo One Counterparty Credit Risk Standardized Approach Add-on requires either Algo One Counterparty Credit Risk Base or Algo One Credit Regulatory Capital Base.

    • Algo One Counterparty Credit Risk Settlement Risk Add-on is a settlement risk module that provides the capability to monitor settlement risk for those transactions where a timing mismatch exists between delivery and payment at transaction maturity. Settlement risk is calculated based on the notional amount of the transaction.

      Algo One Counterparty Credit Risk Settlement Risk Add-on requires Algo One Counterparty Credit Risk Base.

    • Algo One Counterparty Credit Risk CVA Add-on is a module that builds on Algo One Counterparty Credit Risk Base and allows you to calculate unilateral or bilateral credit valuation adjustment. The credit-valuation-adjustment module provides the ability to model risk neutral scenarios and marginal probabilities of default, which serve as inputs into the credit valuation adjustment calculation.

      Algo One Counterparty Credit Risk CVA Add-on requires Algo One Counterparty Credit Risk Base.

    • Algo One Counterparty Credit Risk xVA Add-on considers that advanced xVA analytics require banks to model risk and exposure to market and credit risk variables. This component provides integrated market and credit risk calculation techniques, including correlated default sampling, capturing of wrong-way risk thorough multifactor credit worthiness modeling, and customized aggregation pools for analyzing expected losses and tail losses. This component also allows:
      • Calculation of wrong way risk (WWR)
      • Credit valuation adjustment (CVA)
      • Funding valuation adjustments (FVA) at the funding set level

      Algo One Counterparty Credit Risk xVA Add-on requires Algo One Counterparty Credit Risk Base.

    • Algo Integrated Market and Credit Risk - Real Time builds on the functionality of the market and credit risk bases. With an enterprise class interface designed to support real-time analysis, this solution offers interactive decision support for the front office and enables traders to competitively price risk-reducing trades, and risk managers to measure and manage financial market and credit risk across all asset classes, product types, and industry sectors.

      Base options include:

      • Algo One Market Risk Base
      • Algo One Counterparty Credit Risk Base
    • Algo One Counterparty Credit Risk Backtesting Add-on enables financial firms to automate key steps in the Counterparty Credit Risk backtesting process. This ensures consistent risk-factor evolution and integration with Algo One data and risk models.

      Algo One Counterparty Credit Risk Backtesting Add-on requires:

      • Algo One Foundation
      • Algo One Counterparty Credit Risk Base
    • Algo One Counterparty Credit and Market Risk Workspace Add-on includes web-based interfaces for:
      • Maintaining static market and credit data, including market risk hierarchies, counterparty structures, counterparty netting hierarchies, Credit Support Annex parameters, counterparty limits, and trading policy restrictions.
      • Monitoring the current counterparty exposures and limit utilization.
      • Monitoring market risk measures and limit utilization.
      • Reporting and managing limit violations (excesses). This interface provides drill down and filtering capability by allowing users to zero in on violations that are based on selected criteria and view the details of the offending deals.

        The workspace supports full audit and revision history. Users can trace changes made to the system.

        Algo One Counterparty Credit and Market Risk Workspace Add-on requires either Algo One Market Risk Base or Algo One Counterparty Credit Risk Base.

    • Algo One Market Risk Limits Add-on provides the capability to set and maintain limits on market risk measures. Limits can also be set and monitored on additional reporting dimensions, including (but not limited to) portfolio and desk-level, product, or maturity bucket. The system also supports excess monitoring, temporary limit overrides, and target limits.

      Algo One Market Risk Limits Add-on requires Algo One Market Risk Base and Algo One Counterparty Credit and Market Risk Workspace Add-on.

    • Algo One Counterparty Credit Risk Limits and Excess Management Add-on provides the capability to set and maintain limits across levels in the counterparty legal hierarchy. Limits can also be set and monitored on additional reporting dimensions, which include (but not limited to):
      • Industry
      • Rating
      • Country
      • Cross border risk

        The system also supports temporary limit overrides and target limits. Excesses can be monitored against limit thresholds and also trading policy violations. For example, if a certain desk is not permitted to enter into deals exceeding five-year term to maturity, any deal submitted by that desk that exceeds five-year term to maturity will be reported as a violation.

        Algo One Counterparty Credit Risk Limits and Excess Management Add-on requires Algo One Counterparty Credit Risk Base.

    • Algo One Market Risk Real-Time Add-on provides support for calculating incremental market risk measures (including FRTB measures), as new trades are committed. This module also provides support for predeal checks, including low-latency trading support.

      Algo One Market Risk Real-Time Add-on requires:

      • Algo One Market Risk Base
      • Algo One Counterparty Credit and Market Risk Workspace Add-on
    • Algo One Counterparty Credit Risk Real Time Add-on builds on the functionality of all the other modules by facilitating predeal decision support. This module provides the ability to:
      • Simulate the impact of entering into a deal with a particular counterparty.
      • Calculate the incremental credit valuation adjustment for a deal. This adjustment can be included in the pricing of the deal.
      • Incorporate the impact of the new deal in the counterparty credit risk exposure.

        Algo One Counterparty Credit Risk Real Time Add-on requires Algo One Counterparty Credit Risk Base.

    • Algo One Counterparty Credit Risk Real Time API Add-on enables users to develop custom applications that tap into the rich functionality available in Algo One Counterparty Credit and Market Risk Workspace Add-on. For example, front office traders can extend their existing trading applications to include risk-based information in order to enhance trading strategies.

      Algo One Counterparty Credit Risk Real Time API Add-on requires Algo One Counterparty Credit Risk Real Time Add-on.

    • Algo One Counterparty Credit Risk Advanced Exposure Modeling Add-on allows financial institution to accurately capture granular cashflow spikes during Margin Period of Risk and subsequently compute smooth exposure and full spike inclusive exposures for CCR regulatory compliance.
  • Solution
    • Algo Asset Liability Management (ALM) and Liquidity Risk on Big Data provides firms with a more rigorous and interactive approach to balance-sheet risk analysis by applying big data technology that can efficiently and reliably analyze millions of complex cash flows across multiple scenarios.
  • Solution components
    • Algo One Big Data ALM Base supports ALM that involve the measurement and management of key risks, such as:
      • Interest-rate risk
      • Liquidity risk
      • Structural currency risk

      Algo One Big Data ALM Base helps asset liability managers construct hedges capable of disentangling balance-sheet trade-offs that are in compliance with Basel regulatory requirements through an intuitive browser-based interface for parameterizing and running the solution. ALM users, managers, and committees can run ad-hoc analysis on demand to enable more accurate and transparent policies and strategies.

      Algo One Big Data ALM Base requires Algo One Big Data Foundation.

    • Algo One Big Data Liquidity Risk Base supports liquidity risk management through highly granular cash-flow analysis on large data volumes by measuring:
      • Funding liquidity risk
      • Market liquidity risk
      • Integration of funding and market liquidity risk

        Using the same user-driven interfaces as ALM, users can dynamically simulate the evolution of the balance sheet to better understand the resilience of their institution to adverse conditions, and establish Risk-tolerance policies, Risk limits, Liquid asset buffers, Counterbalancing capacity, Contingency plans and Survival horizons.

      Algo One Big Data Liquidity Risk Base requires Algo One Big Data Foundation.

    • Algo One ALM Funds Transfer Pricing Add-on. Growth and profitability have always been important to financial institutions, and because of global markets, better analysis is crucial to realize better results. Algo One ALM Funds Transfer Pricing Add-on functionality delivers advanced-funds-transfer pricing analytics to allow organizations to allocate financial costs, which are based on specific risks, such as interest rate risk, credit, liquidity, and applicability, to their business lines and calculate the profitability of new and existing products. This add-on enables asset liability managers to measure and manage these funding costs and to allocate the net profit to the various business lines in a consistent manner.

      Algo One ALM Funds Transfer Pricing Add-on requires Algo One Big Data ALM Base.

    • Algo One Liquidity Risk Funds Transfer Pricing Add-on. Growth and profitability are important to financial institutions, and because of global markets, better analysis is crucial to realize better results.
      • Helps provide the calculation of accounting earnings and an advanced-funds-transfer pricing implementation that allows organizations to allocate financial costs, which are based on specific risks, such as interest-rate risk, credit, liquidity, and options, to their business lines and calculate the profitability of new and existing products.
      • Delivers support to measure the liquidity-risk-spread-term structure and charging accordingly, for both contractual and behaviorally modeled instruments.

      Algo One Liquidity Risk Funds Transfer Pricing Add-on requires Algo One Big Data Liquidity Risk Base.

    • Algo One Dynamic Balance Sheet Analysis Add-On builds on dynamic balance sheet strategies, and includes automatic rebalancing of the balance sheet for planning purposes. Using a set of preconfigured, re-investment and re-funding strategies, users can build dynamic, balance-sheet simulations, by using Python, a sophisticated macro language. Conditional assumptions, such as limits on future cash flow gaps to drive new business, rollovers, and new funding are supported, and also stressing the future dynamic assumptions. These simulations enable treasury departments and liquidity managers to perform balance sheet projections and strategy growth planning.

      Algo One Dynamic Balance Sheet Analysis Add-On requires a foundation and at least one base component. Dynamic balance sheet analysis functionality is included with Algo One Big Data ALM Base and Algo One Big Data Liquidity Risk Base.

  • Solution
    • Algo Capital Management provides financial institutions with the tools, technology, and implementation support to help address the regulatory capital challenges of the Basel framework. With more accurate and consistent regulatory capital measures, organizations can pursue a regulatory capital strategy that goes beyond Basel requirements by lowering the cost of capital and increasing operational efficiencies.
  • Solution components
    • Algo One Credit Regulatory Capital Base supports Basel regulatory capital calculations and reporting covering the Basel regulatory capital approaches (Basel I, Basel II Standardized, Foundation and Advanced IRB, and Basel III) across portfolios and bank asset classes. It includes retail, commercial, corporate, trading, and securitizations. The calculation engine can simultaneously calculate risk-weighted asset and other measures required for reporting under multiple home or host multijurisdictional regulatory rules. Risk-weight assets are calculated at the most granular transaction level and can be aggregated up to legal entity or business unit level or other aggregation keys. Algo One Credit Regulatory Capital Base comes with preconfigured slice-and-dice management reports.

      Algo One Credit Regulatory Capital Base requires Algo One Foundation.

    • Algo One Credit Regulatory Capital Advanced Add-on helps to enable risk-weighted assets and capital requirement calculations under foundation and advanced internal ratings-based approaches designed to verify the ideal allocation of actions to mitigate the exposures of the bank to minimize the resultant risk-weighted assets and capital requirements.

      Algo One Credit Regulatory Capital Advanced Add-on requires Algo Credit Regulatory Capital Base.

    • Algo One Credit Regulatory Capital Basel III Add-on changes the regulatory capital calculations in accordance with Basel III rules and introduces new measures:
      • Standardized Credit Value Adjustment
      • Accounting Exposure for leverage ratio calculations

      Algo One Credit Regulatory Capital Basel III Add-on requires Algo Credit Regulatory Capital Base.

  • Solution
    • Algo Portfolio Construction and Risk Management - Installed Edition helps asset owners and managers, or their asset servicers, succeed in tough financial markets by providing an integrated risk framework designed to help optimize portfolio performance, achieve better risk oversight, and address increasing client and regulatory demands. This solution is specifically designed to provide access to sophisticated risk management and investment decision support tools to help improve investor confidence and achieve regulatory compliance.
  • Solution components
    • Algo One Buy Side Base provides the capability to calculate risk on portfolios of financial assets both on an absolute basis or with respect to benchmarks on a relative basis, and also on an end-of-day or intraday batch frequency.

      Algo One Buy Side Base requires Algo One Foundation.

    • Algo One Buy Side Credit Risk Add-on provides clients with the ability to perform several types of credit risk analysis, including measuring counterparty credit exposures, CVA, and portfolio credit risk (default and migration).

      Algo One Risk Buy Side Credit Risk Add-on requires Algo One Buy Side Base.

  • Solution
    • Algo Risk for Insurance helps insurers manage balance-sheet risk exposures (market and non-market) for economic capital, solvency capital, and risk management purposes. The solution:
      • Includes advanced asset modeling and proxy liability modeling (for example, replication portfolios, curve fitting) capabilities
      • Designed to deliver timely and valuable information to risk managers, actuaries, portfolio managers, and senior management to enable tactical and strategic business decision making and also regulatory compliance.

        Covering analytics, workflow, and reporting, the solution can be used by insurers for multiple purposes in order to achieve better business performance, including managing economic capital, regulatory capital, and investment risk and also for ALM and M&A analysis.

        Base options for this solution include Algo One Buy Side Base.

  • Solution components
    • Algo One Buy Side Base provides the capability to calculate risk on portfolios of financial assets both on an absolute basis or with respect to benchmarks on a relative basis, and also on an end-of-day or intraday batch frequency.

      Algo One Buy Side Base requires Algo One Foundation.

    • Algo One Buy Side Standard Formula Add-on extends Algo One Risk Application Explorer to include the Solvency II standard formula.

      Algo One Buy Side Standard Formula Add-on requires Algo One Buy Side Base.

Accessibility by people with disabilities

A US Section 508 Accessibility Compliance Report containing details on accessibility compliance can be found on the Product accessibility information website.



Back to topBack to top

Program number

Top rule

Program number VRM Program name
5725-H42 5.2.0 IBM Algo One


Back to topBack to top

Offering Information

Top rule

Product information is available on the IBM Offering Information website.

More information is also available on the Passport Advantage® and Passport Advantage Express® website.



Back to topBack to top

Publications

Top rule

Algo One documentation can be accessed in IBM Knowledge Center, the home for IBM product documentation. You can customize IBM Knowledge Center to create a collection of documents that include the technologies, products, and versions that you select.



Back to topBack to top

Services

Top rule

Software Services

IBM Software Services has the breadth, depth, and reach to manage your services needs. You can leverage the deep technical skills of our lab-based, software services team and the business consulting, project management, and infrastructure expertise of our IBM Global Services team. Also, we extend our IBM Software Services reach through IBM Business Partners to provide an extensive portfolio of capabilities. Together, we provide the global reach, intellectual capital, industry insight, and technology leadership to support a wide range of critical business needs.

To learn more about IBM Software Services, contact your Lab Services Sales or Delivery Leader.



Back to topBack to top

Technical information

Top rule

Specified operating environment

Hardware requirements

For hardware requirements for all Algo One V5.2 Solutions, see the IBM Support website.

Software requirements

Algo Asset Liability Management (ALM) and Liquidity Risk on Big Data

  • Requires Algo One Big Data Foundation
  • Operating System: Red Hat Linux® 6.5 or 7
  • Browser: Google Chrome

Algo One Stress Testing Workbench

  • Requires an Algo One Foundation
  • Operating System: Red Hat Linux 6.5 or 7
  • Browser: Microsoft™ Internet Explorer v11

For the detailed list of software and database requirements for all Algo One V5.2 Solutions, see the IBM Support website.

Planning information

Packaging

This offering is delivered through the internet. There is no physical media.

This program, when downloaded from a website, contains the applicable IBM license agreement and License Information, if appropriate, which will be presented for acceptance at the time of installation of the program. For future reference, the license and License Information will be stored in a directory such as LICENSE.TXT.



Back to topBack to top

Ordering information

Top rule

For ordering information, consult your IBM representative or authorized IBM Business Partner, or go to the Passport Advantage website.

This product is only available through Passport Advantage. It is not available as shrinkwrap.

These products may only be sold directly by IBM or by authorized IBM Business Partners for Channel Value Rewards.

More information can be found on the IBM Channel Value Rewards website.

To locate IBM Business Partners for Channel Value Rewards in your geography for a specific Channel Value Rewards portfolio, go to the Find a Business Partner page.

Product group: Algo

Product: IBM Algo One (5725-H42)

Product category: Customer Solutions


Passport Advantage

Part number Program name/Description
D20XDLL IBM Algo One Counterparty Credit Risk Advanced Exposure Modeling Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D20XELL IBM Algo One Counterparty Credit Risk Advanced Exposure Modeling Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D20XCLL IBM Algo One Counterparty Credit Risk Advanced Exposure Modeling Add-on Resource Value Unit Monthly License
E0PNXLL IBM Algo One Counterparty Credit Risk Advanced Exposure Modeling Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D0WC4LL IBM Algo One Foundation Establishment License + SW Subscription & Support 12 Months
D0WC5LL IBM Algo One Foundation Establishment SW Subscription & Support Reinstatement 12 Months
D12ZKLL IBM Algo One Foundation per Establishment from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1M6HLL IBM Algo One Foundation Establishment Monthly License
E0FXFLL IBM Algo One Foundation Establishment Annual SW Subscription & Support Renewal
D1KQXLL IBM Algo One Foundation Install License + SW Subscription & Support 12 Months
D1KQYLL IBM Algo One Foundation Install SW Subscription & Support Reinstatement 12 Months
D1KS0LL IBM Algo One Foundation Install Monthly License
E0MATLL IBM Algo One Foundation Install Annual SW Subscription & Support Renewal
D1KQZLL IBM Algo One Foundation for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KR0LL IBM Algo One Foundation for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
D1KS1LL IBM Algo One Foundation for Non-Production Environment Install Monthly License
E0MAULL IBM Algo One Foundation for Non-Production Environment Install Annual SW Subscription & Support Renewal
D1KQMLL IBM Algo One Foundation Sobol Option Add-on Establishment License + SW Subscription & Support 12 Months
D1KQNLL IBM Algo One Foundation Sobol Option Add-on Establishment SW Subscription & Support Reinstatement 12 Months
D1KS2LL IBM Algo One Foundation Sobol Option Add-on Establishment Monthly License
D1KTNLL IBM Algo One Foundation Sobol Option Add-on Establishment Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
E0MANLL IBM Algo One Foundation Sobol Option Add-on Establishment Annual SW Subscription & Support Renewal
D1KQRLL IBM Algo One Foundation Sobol Option Add-on Install License + SW Subscription & Support 12 Months
D1KQSLL IBM Algo One Foundation Sobol Option Add-on Install SW Subscription & Support Reinstatement 12 Months
D1KS3LL IBM Algo One Foundation Sobol Option Add-on Install Monthly License
E0MAQLL IBM Algo One Foundation Sobol Option Add-on Install Annual SW Subscription & Support Renewal
D1KQVLL IBM Algo One Foundation Sobol Option Add-on or Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KQWLL IBM Algo One Foundation Sobol Option Add-on for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
D1KS4LL IBM Algo One Foundation Sobol Option Add-on for Non-Production Environment Install Monthly License
D1KTPLL IBM Algo One Foundation Sobol Option Add-on for Non-Production Environment Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
E0MASLL IBM Algo One Foundation Sobol Option Add-on Add-on for Non-Production Environment Install Annual SW Subscription & Support Renewal
D1KQ8LL IBM Algo One Liquidity Risk Funds Transfer Pricing Add-on Currency Value Unit License + SW Subscription & Support 12 Months
D1KQ9LL IBM Algo One Liquidity Risk Funds Transfer Pricing Add-on Currency Value Unit SW Subscription & Support Reinstatement 12 Months
D1KS6LL IBM Algo One Liquidity Risk Funds Transfer Pricing Add-on Currency Value Unit Monthly License
D1KTRLL IBM Algo One Liquidity Risk Funds Transfer Pricing Add-on Currency Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
E0MAGLL IBM Algo One Liquidity Risk Funds Transfer Pricing Add-on Currency Value Unit Annual SW Subscription & Support Renewal
D1KQALL IBM Algo One Liquidity Risk FSA UK Liquidity Reports Add-On Currency Value Unit License + SW Subscription & Support 12 Months
D1KQBLL IBM Algo One Liquidity Risk FSA UK Liquidity Reports Add-On Currency Value Unit SW Subscription & Support Reinstatement 12 Months
D1KS7LL IBM Algo One Liquidity Risk FSA UK Liquidity Reports Add-On Currency Value Unit Monthly License
D1KTSLL IBM Algo One Liquidity Risk FSA UK Liquidity Reports Add-On Currency Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
E0MAHLL IBM Algo One Liquidity Risk FSA UK Liquidity Reports Add-On Currency Value Unit Annual SW Subscription & Support Renewal
D1KQELL IBM Algo One ALM Funds Transfer Pricing Add-on Currency Value Unit License + SW Subscription & Support 12 Months
D1KQFLL IBM Algo One ALM Funds Transfer Pricing Add-on Currency Value Unit SW Subscription & Support Reinstatement 12 Months
D1KS9LL IBM Algo One ALM Funds Transfer Pricing Add-on Currency Value Unit Monthly License
E0MAJLL IBM Algo One ALM Funds Transfer Pricing Add-on Currency Value Unit Annual SW Subscription & Support Renewal
D0UG4LL IBM Algo One Market Risk Base Resource Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D0UM5LL IBM Algo One Market Risk Base Resource Value Unit License + SW Subscription & Support 12 Months
D0UM6LL IBM Algo One Market Risk Base Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1M6LLL IBM Algo One Market Risk Base Resource Value Unit Monthly License
E0EZ2LL IBM Algo One Market Risk Base Resource Value Unit Annual SW Subscription & Support Renewal
D0UG2LL IBM Algo One Market Risk Default Risk Charge Add-on Resource Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D0UM9LL IBM Algo One Market Risk Default Risk Charge Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D0UMALL IBM Algo One Market Risk Default Risk Charge Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1M6NLL IBM Algo One Market Risk Default Risk Charge Add-on Resource Value Unit Monthly License
E0EZ4LL IBM Algo One Market Risk Default Risk Charge Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D0UG1LL IBM Algo One Counterparty Credit Risk Base Resource Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D0UN2LL IBM Algo One Counterparty Credit Risk Base Resource Value Unit License + SW Subscription & Support 12 Months
D0UN3LL IBM Algo One Counterparty Credit Risk Base Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1M6PLL IBM Algo One Counterparty Credit Risk Base Resource Value Unit Monthly License
E0EZILL IBM Algo One Counterparty Credit Risk Base Resource Value Unit Annual SW Subscription & Support Renewal
D0UG0LL IBM Algo One Counterparty Credit Risk CVA Add-on Resource Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D0UN4LL IBM Algo One Counterparty Credit Risk CVA Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D0UN5LL IBM Algo One Counterparty Credit Risk CVA Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1M6QLL IBM Algo One Counterparty Credit Risk CVA Add-on Resource Value Unit Monthly License
E0EZJLL IBM Algo One Counterparty Credit Risk CVA Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D0UFZLL IBM Algo One Counterparty Credit Risk Limits and Excess Management Add-on Resource Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D0UN6LL IBM Algo One Counterparty Credit Risk Limits and Excess Management Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D0UN7LL IBM Algo One Counterparty Credit Risk Limits and Excess Management Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1M6RLL IBM Algo One Counterparty Credit Risk Limits and Excess Management Add-on Resource Value Unit Monthly License
E0EZKLL IBM Algo One Counterparty Credit Risk Limits and Excess Management Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D0UFYLL IBM Algo One Counterparty Credit Risk Real Time Add-on Resource Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D0UN8LL IBM Algo One Counterparty Credit Risk Real Time Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D0UN9LL IBM Algo One Counterparty Credit Risk Real Time Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1M6SLL IBM Algo One Counterparty Credit Risk Real Time Add-on Resource Value Unit Monthly License
E0EZLLL IBM Algo One Counterparty Credit Risk Real Time Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D1KRILL IBM Algo One Counterparty Credit Risk Settlement Risk Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D1KRJLL IBM Algo One Counterparty Credit Risk Settlement Risk Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1KSFLL IBM Algo One Counterparty Credit Risk Settlement Risk Add-on Resource Value Unit Monthly License
E0MB3LL IBM Algo One Counterparty Credit Risk Settlement Risk Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D1KRKLL IBM Algo One Counterparty Credit Risk Real Time API Add-on Establishment License + SW Subscription & Support 12 Months
D1KRLLL IBM Algo One Counterparty Credit Risk Real Time API Add-on Establishment SW Subscription & Support Reinstatement 12 Months
D1KSGLL IBM Algo One Counterparty Credit Risk Real Time API Add-on Establishment Monthly License
E0MB4LL IBM Algo One Counterparty Credit Risk Real Time API Add-on Establishment Annual SW Subscription & Support Renewal
D1KR1LL IBM Algo One Counterparty Credit Risk Real Time API Add-on Install License + SW Subscription & Support 12 Months
D1KR2LL IBM Algo One Counterparty Credit Risk Real Time API Add-on Install SW Subscription & Support Reinstatement 12 Months
D1KSHLL IBM Algo One Counterparty Credit Risk Real Time API Add-on Install Monthly License
E0MAVLL IBM Algo One Counterparty Credit Risk Real Time API Add-on Install Annual SW Subscription & Support Renewal
D1KR3LL IBM Algo One Counterparty Credit Risk Real Time API for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KR4LL IBM Algo One Counterparty Credit Risk Real Time API for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
D1KSILL IBM Algo One Counterparty Credit Risk Real Time API for Non-Production Environment Install Monthly License
E0MAWLL IBM Algo One Counterparty Credit Risk Real Time API for Non-Production Environment Install Annual SW Subscription & Support Renewal
D0UG6LL IBM Algo One Counterparty Credit and Market Risk Workspace Add-on Authorized User Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D0UNILL IBM Algo One Counterparty Credit and Market Risk Workspace Add-on Authorized User License + SW Subscription & Support 12 Months
D0UNJLL IBM Algo One Counterparty Credit and Market Risk Workspace Add-on Authorized User SW Subscription & Support Reinstatement 12 Months
D1M6TLL IBM Algo One Counterparty Credit and Market Risk Workspace Add-on Authorized User Monthly License
E0EZRLL IBM Algo One Counterparty Credit and Market Risk Workspace Add-on Authorized User Annual SW Subscription & Support Renewal
D1KRPLL IBM Algo One Buy Side Base Currency Value Unit License + SW Subscription & Support 12 Months
D1KRQLL IBM Algo One Buy Side Base Currency Value Unit SW Subscription & Support Reinstatement 12 Months
D1KSLLL IBM Algo One Buy Side Base Currency Value Unit Monthly License
D1KTYLL IBM Algo One Buy Side Base Currency Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
E0MB6LL IBM Algo One Buy Side Base Currency Value Unit Annual SW Subscription & Support Renewal
D1KSVLL IBM Algo One Credit Regulatory Capital Base Currency Value Unit Monthly License
D1KUBLL IBM Algo One Credit Regulatory Capital Base Currency Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1KUTLL IBM Algo One Credit Regulatory Capital Base Currency Value Unit License + SW Subscription & Support 12 Months
D1KUULL IBM Algo One Credit Regulatory Capital Base Currency Value Unit SW Subscription & Support Reinstatement 12 Months
E0MBILL IBM Algo One Credit Regulatory Capital Base Currency Value Unit Annual SW Subscription & Support Renewal
D1KSWLL IBM Algo One Credit Regulatory Capital Advanced Add-on Currency Value Unit Monthly License
D1KUCLL IBM Algo One Credit Regulatory Capital Advanced Add-On Currency Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1KUVLL IBM Algo One Credit Regulatory Capital Advanced Add-on Currency Value Unit License + SW Subscription & Support 12 Months
D1KUWLL IBM Algo One Credit Regulatory Capital Advanced Add-on Currency Value Unit SW Subscription & Support Reinstatement 12 Months
E0MBJLL IBM Algo One Credit Regulatory Capital Advanced Add-on Currency Value Unit Annual SW Subscription & Support Renewal
D1KSXLL IBM Algo One Credit Regulatory Capital Basel III Add-on Currency Value Unit Monthly License
D1KUDLL IBM Algo One Credit Regulatory Capital Basel III Add-on Currency Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1KUXLL IBM Algo One Credit Regulatory Capital Basel III Add-on Currency Value Unit License + SW Subscription & Support 12 Months
D1KUYLL IBM Algo One Credit Regulatory Capital Basel III Add-on Currency Value Unit SW Subscription & Support Reinstatement 12 Months
E0MBKLL IBM Algo One Credit Regulatory Capital Basel III Add-on Currency Value Unit Annual SW Subscription & Support Renewal
D0UFULL IBM Algo One Developer Add-on Authorized User Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D0UP9LL IBM Algo One Developer Add-on Authorized User License + SW Subscription & Support 12 Months
D0UPALL IBM Algo One Developer Add-on Authorized User SW Subscription & Support Reinstatement 12 Months
D1M6VLL IBM Algo One Developer Add-on Authorized User Monthly License
E0F04LL IBM Algo One Developer Add-on Authorized User Annual SW Subscription & Support Renewal
D1KSYLL IBM Algo One Stochastic Pricing Models Add-on Establishment Monthly License
D1KU3LL IBM Algo One Stochastic Pricing Models Add-on Establishment Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1KUZLL IBM Algo One Stochastic Pricing Models Add-on Establishment License + SW Subscription & Support 12 Months
D1KV0LL IBM Algo One Stochastic Pricing Models Add-on Establishment SW Subscription & Support Reinstatement 12 Months
E0MBLLL IBM Algo One Stochastic Pricing Models Add-on Establishment Annual SW Subscription & Support Renewal
D1KSZLL IBM Algo One Stochastic Pricing Models Add-on Install Monthly License
D1KV1LL IBM Algo One Stochastic Pricing Models Add-on Install License + SW Subscription & Support 12 Months
D1KV2LL IBM Algo One Stochastic Pricing Models Add-on Install SW Subscription & Support Reinstatement 12 Months
E0MBMLL IBM Algo One Stochastic Pricing Models Add-on Install Annual SW Subscription & Support Renewal
D1KT0LL IBM Algo One Stochastic Pricing Models Add-on for Non-Production Environment Install Monthly License
D1KUILL IBM Algo One Stochastic Pricing Models Add-on for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KUJLL IBM Algo One Stochastic Pricing Models Add-on for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
E0MBDLL IBM Algo One Stochastic Pricing Models Add-on for Non-Production Environment Install Annual SW Subscription & Support Renewal
D1KT1LL IBM Algo One Commodity Models Add-on Establishment Monthly License
D1KU4LL IBM Algo One Commodity Models Add-on Establishment Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1KV4LL IBM Algo One Commodity Models Add-on Establishment License + SW Subscription & Support 12 Months
D1KV5LL IBM Algo One Commodity Models Add-on Establishment SW Subscription & Support Reinstatement 12 Months
E0MBNLL IBM Algo One Commodity Models Add-on Establishment Annual SW Subscription & Support Renewal
D1KT2LL IBM Algo One Commodity Models Add-on Install Monthly License
D1KVGLL IBM Algo One Commodity Models Add-on Install License + SW Subscription & Support 12 Months
D1KVHLL IBM Algo One Commodity Models Add-on Install SW Subscription & Support Reinstatement 12 Months
E0MBULL IBM Algo One Commodity Models Add-on Install Annual SW Subscription & Support Renewal
D1KT3LL IBM Algo One Commodity Models Add-on for Non-Production Environment Install Monthly License
D1KVRLL IBM Algo One Commodity Models Add-on for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KVSLL IBM Algo One Commodity Models Add-on for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
E0MBZLL IBM Algo One Commodity Models Add-on for Non-Production Environment Install Annual SW Subscription & Support Renewal
D1KT4LL IBM Algo One Credit Derivative Models Add-on Establishment Monthly License
D1KU5LL IBM Algo One Credit Derivative Models Add-on Establishment Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1KVTLL IBM Algo One Credit Derivative Models Add-on Establishment License + SW Subscription & Support 12 Months
D1KVULL IBM Algo One Credit Derivative Models Add-on Establishment SW Subscription & Support Reinstatement 12 Months
E0MC0LL IBM Algo One Credit Derivative Models Add-on Establishment SW Subscription & Support Renewal
D1KT5LL IBM Algo One Credit Derivative Models Add-on Install Monthly License
D1KVVLL IBM Algo One Credit Derivative Models Add-on Install License + SW Subscription & Support 12 Months
D1KVWLL IBM Algo One Credit Derivative Models Add-on Install SW Subscription & Support Reinstatement 12 Months
E0MC1LL IBM Algo One Credit Derivative Models Add-on Install SW Subscription & Support Renewal
D1KT6LL IBM Algo One Credit Derivative Models Add-on for Non-Production Environment Install Monthly License
D1KVCLL IBM Algo One Credit Derivative Models Add-on for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KVDLL IBM Algo One Credit Derivative Models Add-on for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
E0MBSLL IBM Algo One Credit Derivative Models Add-on for Non-Production Environment Install SW Subscription & Support Renewal
D1KT7LL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Establishment Monthly License
D1KU6LL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Establishment Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1KVELL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Establishment License + SW Subscription & Support 12 Months
D1KVFLL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Establishment SW Subscription & Support Reinstatement 12 Months
E0MBTLL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Establishment SW Subscription & Support Renewal
D1KT8LL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Install Monthly License
D1KVPLL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Install License + SW Subscription & Support 12 Months
D1KVQLL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Install SW Subscription & Support Reinstatement 12 Months
E0MBYLL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Install SW Subscription & Support Renewal
D1KT9LL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on for Non-Production Environment Install Monthly License
D1KV6LL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KV7LL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
E0MBPLL IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on for Non-Production Environment Install SW Subscription & Support Renewal
D1KTALL IBM Algo One Dynamic Strategies Add-on Establishment Monthly License
D1KU7LL IBM Algo One Dynamic Strategies Add-on Establishment Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1KV8LL IBM Algo One Dynamic Strategies Add-on Establishment License + SW Subscription & Support 12 Months
D1KV9LL IBM Algo One Dynamic Strategies Add-on Establishment SW Subscription & Support Reinstatement 12 Months
E0MBQLL IBM Algo One Dynamic Strategies Add-on Establishment SW Subscription & Support Renewal
D1KTBLL IBM Algo One Dynamic Strategies Add-on Install Monthly License
D1KVALL IBM Algo One Dynamic Strategies Add-on Install License + SW Subscription & Support 12 Months
D1KVBLL IBM Algo One Dynamic Strategies Add-on Install SW Subscription & Support Reinstatement 12 Months
E0MBRLL IBM Algo One Dynamic Strategies Add-on Install SW Subscription & Support Renewal
D1KTCLL IBM Algo One Dynamic Strategies Add-on for Non-Production Environment Install Monthly License
D1KVILL IBM Algo One Dynamic Strategies Add-on for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KVJLL IBM Algo One Dynamic Strategies Add-on for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
E0MBVLL IBM Algo One Dynamic Strategies Add-on for Non-Production Environment Install SW Subscription & Support Renewal
D10E1LL IBM Algo One High Speed Simulation Extension Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D10E2LL IBM Algo One High Speed Simulation Extension Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D10E3LL IBM Algo One High Speed Simulation Extension Add-on Resource Value Unit Migration from Legacy Algo Acquisition Trade Up License + SW Subscription & Support 12 Months
D1M6ILL IBM Algo One High Speed Simulation Extension Add-on Resource Value Unit Monthly License
E0HWSLL IBM Algo One High Speed Simulation Extension Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D1KRALL IBM Algo One Market Risk Standardized Approach Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D1KRBLL IBM Algo One Market Risk Standardized Approach Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1KSBLL IBM Algo One Market Risk Standardized Approach Add-on Resource Value Unit Monthly License
E0MAZLL IBM Algo One Market Risk Standardized Approach Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D1KRCLL IBM Algo One Market Risk Real Time Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D1KRDLL IBM Algo One Market Risk Real Time Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1KSCLL IBM Algo One Market Risk Real Time Add-on Resource Value Unit Monthly License
E0MB0LL IBM Algo One Market Risk Real Time Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D1KRELL IBM Algo One Market Risk Limits Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D1KRFLL IBM Algo One Market Risk Limits Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1KSDLL IBM Algo One Market Risk Limits Add-on Resource Value Unit Monthly License
E0MB1LL IBM Algo One Market Risk Limits Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D1KRGLL IBM Algo One Market Risk Fundamental Review of the Trading Book Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D1KRHLL IBM Algo One Market Risk Fundamental Review of the Trading Book Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1KSELL IBM Algo One Market Risk Fundamental Review of the Trading Book Add-on Resource Value Unit Monthly License
E0MB2LL IBM Algo One Market Risk Fundamental Review of the Trading Book Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D1KR5LL IBM Algo One Counterparty Credit Risk Standardized Approach Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D1KR6LL IBM Algo One Counterparty Credit Risk Standardized Approach Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1KSJLL IBM Algo One Counterparty Credit Risk Standardized Approach Add-on Resource Value Unit Monthly License
E0MAXLL IBM Algo One Counterparty Credit Risk Standardized Approach Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D1KRMLL IBM Algo One Counterparty Credit Risk Advanced XVA Add-on Resource Value Unit License + SW Subscription & Support 12 Months
D1KRNLL IBM Algo One Counterparty Credit Risk Advanced XVA Add-on Resource Value Unit SW Subscription & Support Reinstatement 12 Months
D1KSKLL IBM Algo One Counterparty Credit Risk Advanced XVA Add-on Resource Value Unit Monthly License
E0MB5LL IBM Algo One Counterparty Credit Risk Advanced XVA Add-on Resource Value Unit Annual SW Subscription & Support Renewal
D1KRXLL IBM Algo One Buy Side Credit Risk Add-on Establishment License + SW Subscription & Support 12 Months
D1KRYLL IBM Algo One Buy Side Credit Risk Add-on Establishment SW Subscription & Support Reinstatement 12 Months
D1KSQLL IBM Algo One Buy Side Credit Risk Add-on Establishment Monthly License
E0MBALL IBM Algo One Buy Side Credit Risk Add-on Establishment Annual SW Subscription & Support Renewal
D1KSRLL IBM Algo One Buy Side Credit Risk Add-on Install Monthly License
D1KUKLL IBM Algo One Buy Side Credit Risk Add-on Install License + SW Subscription & Support 12 Months
D1KULLL IBM Algo One Buy Side Credit Risk Add-on Install SW Subscription & Support Reinstatement 12 Months
E0MBELL IBM Algo One Buy Side Credit Risk Add-on Install Annual SW Subscription & Support Renewal
D1KSSLL IBM Algo One Buy Side Credit Risk Add-on for Non-Production Environment Install Monthly License
D1KUMLL IBM Algo One Buy Side Credit Risk Add-on for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KUNLL IBM Algo One Buy Side Credit Risk Add-on for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
E0MBFLL IBM Algo One Buy Side Credit Risk Add-on for Non-Production Environment Install Annual SW Subscription & Support Renewal
D1KTDLL IBM Algo One Advanced Simulation Add-on Establishment Monthly License
D1KVKLL IBM Algo One Advanced Simulation Add-on Establishment License + SW Subscription & Support 12 Months
D1KVLLL IBM Algo One Advanced Simulation Add-on Establishment SW Subscription & Support Reinstatement 12 Months
E0MBWLL IBM Algo One Advanced Simulation Add-on Establishment SW Subscription & Support Renewal
D1KTELL IBM Algo One Advanced Simulation Add-on Install Monthly License
D1KVMLL IBM Algo One Advanced Simulation Add-on Install License + SW Subscription & Support 12 Months
D1KVNLL IBM Algo One Advanced Simulation Add-on Install SW Subscription & Support Reinstatement 12 Months
E0MBXLL IBM Algo One Advanced Simulation Add-on Install SW Subscription & Support Renewal
D1KQGLL IBM Algo One Advanced Simulation Add-on for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1KQILL IBM Algo One Advanced Simulation Add-on for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
D1KTFLL IBM Algo One Advanced Simulation Add-on for Non-Production Environment Install Monthly License
E0MALLL IBM Algo One Advanced Simulation Add-on for Non-Production Environment Install SW Subscription & Support Renewal
D1RIKLL IBM Algo One Big Data Foundation Establishment License + SW Subscription & Support 12 Months
D1RILLL IBM Algo One Big Data Foundation Establishment SW Subscription & Support Reinstatement 12 Months
D1RIMLL IBM Algo One Big Data Foundation Establishment from Algo One Foundation Establishment Trade Up License + SW Subscription & Support 12 Months
D1RJ3LL IBM Algo One Big Data Foundation Establishment Monthly License
E0NAPLL IBM Algo One Big Data Foundation Establishment Annual SW Subscription & Support Renewal
D1RIYLL IBM Algo One Big Data Foundation Install License + SW Subscription & Support 12 Months
D1RIZLL IBM Algo One Big Data Foundation Install SW Subscription & Support Reinstatement 12 Months
D1RJ4LL IBM Algo One Big Data Foundation Install Monthly License
E0NAQLL IBM Algo One Big Data Foundation Install Annual SW Subscription & Support Renewal
D1RJ0LL IBM Algo One Big Data Foundation for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1RJ1LL IBM Algo One Big Data Foundation for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
D1RJ5LL IBM Algo One Big Data Foundation for Non-Production Environment Install Monthly License
E0NARLL IBM Algo One Big Data Foundation for Non-Production Environment Install Annual SW Subscription & Support Renewal
D1RIFLL IBM Algo One Counterparty Credit Risk Backtesting Add-on Establishment License + SW Subscription & Support 12 Months
D1RIGLL IBM Algo One Counterparty Credit Risk Backtesting Add-on Establishment SW Subscription & Support Reinstatement 12 Months
D1RJ2LL IBM Algo One Counterparty Credit Risk Backtesting Add-on Establishment Monthly License
E0NANLL IBM Algo One Counterparty Credit Risk Backtesting Add-on Establishment Annual SW Subscription & Support Renewal
D1RWMLL IBM Algo One Counterparty Credit Risk Backtesting Add-on Install License + SW Subscription & Support 12 Months
D1RWNLL IBM Algo One Counterparty Credit Risk Backtesting Add-on Install SW Subscription & Support Reinstatement 12 Months
D1RWTLL IBM Algo One Counterparty Credit Risk Backtesting Add-on Install Monthly License
E0NDBLL IBM Algo One Counterparty Credit Risk Backtesting Add-on Install Annual SW Subscription & Support Renewal
D1RWRLL IBM Algo One Counterparty Credit Risk Backtesting Add-on for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1RWSLL IBM Algo One Counterparty Credit Risk Backtesting Add-on for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
D1RWVLL IBM Algo One Counterparty Credit Risk Backtesting Add-on for Non-Production Environment Install Monthly License
E0NDDLL IBM Algo One Counterparty Credit Risk Backtesting Add-on for Non-Production Environment Install Annual SW Subscription & Support Renewal
D1TZPLL IBM Algo One Big Data ALM Base Currency Value Unit License + SW Subscription & Support 12 Months
D1TZQLL IBM Algo One Big Data ALM Base Currency Value Unit SW Subscription & Support Reinstatement 12 Months
D1TZRLL IBM Algo One Big Data ALM Base Currency Value Unit from Algo One ALM Base Currency Value Unit Trade Up License + SW Subscription & Support 12 Months
D1TZXLL IBM Algo One Big Data ALM Base Currency Value Unit Monthly License
E0NRVLL IBM Algo One Big Data ALM Base Currency Value Unit Annual SW Subscription & Support Renewal
D1U00LL IBM Algo One Big Data Liquidity Risk Base Currency Value Unit License + SW Subscription & Support 12 Months
D1U05LL IBM Algo One Big Data Liquidity Risk Base Currency Value Unit SW Subscription & Support Reinstatement 12 Months
D1U06LL IBM Algo One Big Data Liquidity Risk Base Currency Value Unit from Algo One Liquidity Risk Base Currency Value Unit Trade Up License + SW Subscription & Support 12 Months
D1U07LL IBM Algo One Big Data Liquidity Risk Base Currency Value Unit Monthly License
E0NRWLL IBM Algo One Big Data Liquidity Risk Base Currency Value Unit Annual SW Subscription & Support Renewal
D1U01LL IBM Algo One Stress Testing Workbench Establishment License + SW Subscription & Support 12 Months
D1U0GLL IBM Algo One Stress Testing Workbench Establishment SW Subscription & Support Reinstatement 12 Months
D1U0ILL IBM Algo One Stress Testing Workbench Establishment Monthly License
E0NS0LL IBM Algo One Stress Testing Workbench Establishment Annual SW Subscription & Support Renewal
D1U02LL IBM Algo One Stress Testing Workbench Install License + SW Subscription & Support 12 Months
D1U0LLL IBM Algo One Stress Testing Workbench Install SW Subscription & Support Reinstatement 12 Months
D1U0MLL IBM Algo One Stress Testing Workbench Install Monthly License
E0NS1LL IBM Algo One Stress Testing Workbench Install Annual SW Subscription & Support Renewal
D1UD2LL IBM Algo One Stress Testing Workbench for Non-Production Environment Install License + SW Subscription & Support 12 Months
D1UD3LL IBM Algo One Stress Testing Workbench for Non-Production Environment Install SW Subscription & Support Reinstatement 12 Months
D1UD4LL IBM Algo One Stress Testing Workbench for Non-Production Environment Install Monthly License
E0NS4LL IBM Algo One Stress Testing Workbench for Non-Production Environment Install Annual SW Subscription & Support Renewal

Charge metric

Definitions of the charge metrics for this licensed product can be found in the following License Information documents:

IBM Algo One V5.2 (5725-H42)

Program name Charge Metric License ID
IBM Algo One Foundation Establishment, Install L-MHET-B39KKW
IBM Algo One Foundation For Non-Production Environment Install L-MHET-B39KKW
IBM Algo One Advanced Simulation Add-on Establishment, Install L-MHET-B39KNG
IBM Algo One Advanced Simulation Add-on for Non-Production Environment Install L-MHET-B39KNG
IBM Algo One Commodity Models Add-on Establishment, Install L-MHET-B39KNG
IBM Algo One Commodity Models Add-on for Non-Production Environment Install L-MHET-B39KNG
IBM Algo One Credit Derivative Models Add-on Establishment, Install L-MHET-B39KNG
IBM Algo One Credit Derivative Models Add-on for Non-Production Environment Install L-MHET-B39KNG
IBM Algo One Developer Add-on Authorized User L-MHET-B39KNG
IBM Algo One Dynamic Strategies Add-on Establishment, Install L-MHET-B39KNG
IBM Algo One Dynamic Strategies Add-on for Non-Production Environment Install L-MHET-B39KNG
IBM Algo One Foundation Sobol Option Add-on Establishment, Install L-MHET-B39KNG
IBM Algo One Foundation Sobol Option Add-on for Non-Production Environment Install L-MHET-B39KNG
IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on Establishment, Install L-MHET-B39KNG
IBM Algo One Mortgage Backed Securities and Asset Based Securities Add-on for Non-Production Environment Install L-MHET-B39KNG
IBM Algo One Stochastic Pricing Models Add-on Establishment, Install L-MHET-B39KNG
IBM Algo One Stochastic Pricing Models Add-on for Non-Production Environment Install L-MHET-B39KNG
IBM Algo One Stress Testing Workbench Establishment, Install L-MHET-B39KNG
IBM Algo One Stress Testing Workbench for Non-Production Environment Install L-MHET-B39KNG
IBM Algo One Buy Side Base Currency Value Unit L-MHET-B39KQT
IBM Algo One Counterparty Credit Risk Base Resource Value Unit L-MHET-B39KSE
IBM Algo One Counterparty Credit Risk Advanced Exposure Modeling Add-on Resource Value Unit L-MHET-B39KSE
IBM Algo One Counterparty Credit Risk Limits and Excess Management Add-on Resource Value Unit L-MHET-B39KSE
IBM Algo One Counterparty Credit Risk Real Time Add-on Resource Value Unit L-MHET-B39KSE
IBM Algo One Counterparty Credit Risk Real Time API Add-on Establishment, Install L-MHET-B39KSE
IBM Algo One Counterparty Credit Risk Real Time API Add-on for Non-Production Environment Install L-MHET-B39KSE
IBM Algo One Counterparty Credit Risk Settlement Risk Add-on Resource Value Unit L-MHET-B39KSE
IBM Algo One Counterparty Credit Risk Standardized Approach Add-on Resource Value Unit L-MHET-B39KSE
IBM Algo One Credit Regulatory Capital Base Currency Value Unit L-MHET-B39KUX
IBM Algo One Market Risk Base Resource Value Unit L-MHET-B39KWH
IBM Algo One Market Risk Limits Add-on Resource Value Unit L-MHET-B39KWH
IBM Algo One Market Risk Real Time Add-on Resource Value Unit L-MHET-B39KWH
IBM Algo One Market Risk Standardized Approach Add-on Resource Value Unit L-MHET-B39KWH
IBM Algo One Asset Liability Management Funds Transfer Pricing Add-on Currency Value Unit L-MHET-B39KXK
IBM Algo One Counterparty Credit Risk Advanced XVA Add-on Resource Value Unit L-MHET-B39KXK
IBM Algo One Counterparty Credit and Market Risk Workspace Add-on Authorized User L-MHET-B39KXK
IBM Algo One Counterparty Credit Risk Backtesting Add-on Establishment, Install L-MHET-B39KXK
IBM Algo One Counterparty Credit Risk Backtesting Add-on for Non-Production Environment Install L-MHET-B39KXK
IBM Algo One Credit Regulatory Capital Advanced Add-on Currency Value Unit L-MHET-B39KXK
IBM Algo One Credit Regulatory Capital Basel III Add-on Currency Value Unit L-MHET-B39KXK
IBM Algo One Liquidity Risk FSA UK Liquidity Reports Add-on Currency Value Unit L-MHET-B39KXK
IBM Algo One Liquidity Risk Funds Transfer Pricing Add-on Currency Value Unit L-MHET-B39KXK
IBM Algo One Market Risk Default Risk Charge Add-on Resource Value Unit L-MHET-B39KXK
IBM Algo One Market Risk Fundamental Review of the Trading Book Add-on Resource Value Unit L-MHET-B39KXK
IBM Algo One Buy Side Credit Risk Add-on Establishment, Install L-MHET-B39L53
IBM Algo One Buy Side Credit Risk Add-on for Non-Production Environment Install L-MHET-B39L53
IBM Algo One Counterparty Credit Risk CVA Add-on Resource Value Unit L-MHET-B39L6K
IBM Algo One High Speed Simulation Extension Add-on Resource Value Unit L-MHET-B39L7L
IBM Algo One Big Data Foundation Establishment, Install L-MHET-B39LBP
IBM Algo One Big Data Foundation for Non-Production Environment Install L-MHET-B39LBP
IBM Algo One Big Data ALM Base Currency Value Unit L-MHET-B39LD6
IBM Algo One Big Data Liquidity Risk Base Currency Value Unit L-MHET-B39LD6

Select your language of choice and scroll down to the Charge Metrics section.

Resource Value Unit (RVU)

Resource Value Unit (RVU) is a unit of measure by which the Program can be licensed. RVU Proofs of Entitlement are based on the number of units of a specific resource used or managed by the Program. Licensee must obtain sufficient entitlements for the number of RVUs required for Licensee's environment for the specific resources as specified in the table below. RVU entitlements are specific to the Program and the type of resource and may not be exchanged, interchanged, or aggregated with RVU entitlements of another program or resource.

Install

Install is a unit of measure by which the program can be licensed. An install is an installed copy of the program on a physical or virtual disk made available to be executed on a computer. Licensee must obtain an entitlement for each install of the program.

Establishment

Establishment is a unit of measure by which the program can be licensed. An Establishment is a single physical site, including the surrounding campus and satellite offices located within 50 kilometers, of Licensee's site address. Licensee must obtain an entitlement for each Establishment at or for which the program will be used. Licensee is permitted to deploy an unlimited number of copies of the program within the Establishment. An entitlement for an Establishment is unique to that Establishment and may not be shared, nor may it be reassigned other than for the permanent closing of the Establishment.

Currency Value Unit (CVU)

Currency Value Unit (CVU) is a unit of measure by which the Program can be licensed. A Conversion Unit (CU) is a currency-independent measure of monetary amounts relevant to the licensing of the Program. Currency-specific monetary amounts must be converted into CUs in accordance with the Conversion Unit Table website. Licensee must obtain sufficient entitlements for the number of CVUs required to cover the Relevant Monetary Amounts, as measured in CUs, as specified in the table below. CVU entitlements are specific to the Program and may not be exchanged, interchanged, or aggregated with CVU entitlements of another program.

Authorized User

Authorized User is a unit of measure by which the program can be licensed. An Authorized User is a unique person who is given access to the program. The program may be installed on any number of computers or servers and each Authorized User may have simultaneous access to any number of instances of the program at one time. Licensee must obtain separate, dedicated entitlements for each Authorized User given access to the program in any manner directly or indirectly (for example, through a multiplexing program, device, or application server) through any means. An entitlement for an Authorized User is unique to that Authorized User and may not be shared, nor may it be reassigned other than for the permanent transfer of the Authorized User entitlement to another person.

Note: Some programs may be licensed where devices are considered users. In that case, the following applies. Any computing device that requests the execution of or receives for execution a set of commands, procedures, or applications from the program or that is otherwise managed by the program is considered a separate user of the program and requires an entitlement as if that device were a person.



Back to topBack to top

Terms and conditions

Top rule

The information provided in this announcement letter is for reference and convenience purposes only. The terms and conditions that govern any transaction with IBM are contained in the applicable contract documents such as the IBM International Program License Agreement, IBM International Passport Advantage Agreement, and the IBM Agreement for Acquisition of Software Maintenance.

This product is only available through Passport Advantage.

Licensing

IBM International Program License Agreement including the License Information document and Proof of Entitlement (PoE) govern your use of the program. PoEs are required for all authorized use. Part number products only, offered outside of Passport Advantage, where applicable, are license only and do not include Software Maintenance.

This software license includes Software Subscription and Support (also referred to as Software Maintenance).

Software Maintenance

Licenses under the IBM Program License Agreement (IPLA) provide for support with ongoing access to releases and versions of the program. IBM includes one year of Software Subscription and Support (also referred to as Software Maintenance) with the initial license acquisition of each program acquired. The initial period of Software Subscription and Support can be extended by the purchase of a renewal option, if available. Two charges apply: a one-time license charge for use of the program and an annual renewable charge for the enhanced support that includes telephone assistance (voice support for defects during normal business hours), as well as access to updates, releases, and versions of the program as long as support is in effect.

License Information number

The following License Information documents apply to the offerings in this announcement:

Program identifier License Information document title License Information document number
5725-H42 IBM Algo One 5.2 Counterparty Credit Risk (component) L-MHET-B39LF8
  IBM Algo One 5.2 Core (component) L-MHET-B39LEE
  IBM Algo One 5.2 Big Data ALM and Liquidity Risk Base L-MHET-B39LD6
  IBM Algo One Big Data Foundation 5.2 L-MHET-B39LBP
  IBM Algo One 5.2 High Speed Simulation Extension Add-on L-MHET-B39L7L
  IBM Algo One 5.2 Counterparty Credit Risk CVA Add-on L-MHET-B39L6K
  IBM Algo One 5.2 Buy Side Add-ons L-MHET-B39L53
  IBM Algo One 5.2 Solution Add-Ons L-MHET-B39KXK
  IBM Algo One 5.2 Market Risk Base & Add-ons L-MHET-B39KWH
  IBM Algo One 5.2 Capital Management Base L-MHET-B39KUX
  IBM Algo One 5.2 Counterparty Credit Risk Base & Add-ons L-MHET-B39KSE
  IBM Algo One 5.2 Buy Side Base L-MHET-B39KQT
  IBM Algo One 5.2 Foundation Add-Ons L-MHET-B39KNG
  IBM Algo One 5.2 Foundation Base L-MHET-B39KKW

Select your language of choice and scroll down to the Charge Metrics section. Follow-on releases, if any, may have updated terms. See the License Information documents website for more information.

Limited warranty applies

Yes

Limited warranty

IBM warrants that when the program is used in the specified operating environment, it will conform to its specifications. The warranty applies only to the unmodified portion of the program. IBM does not warrant uninterrupted or error-free operation of the program or that IBM will correct all program defects. You are responsible for the results obtained from the use of the program.

IBM provides you with access to IBM databases containing information on known program defects, defect corrections, restrictions, and bypasses at no additional charge. For further information, see the IBM Software Support Handbook.

IBM will maintain this information for at least one year after the original licensee acquires the program (warranty period).

Program technical support

Technical support of a program product version or release will be available for a minimum of five years from the general availability date, as long as your Software Subscription and Support (also referred to as Software Maintenance) is in effect.

This technical support allows you to obtain assistance (by telephone or electronic means) from IBM for product-specific, task-oriented questions regarding the installation and operation of the program product. Software Subscription and Support (Software Maintenance) also provides you with access to updates (modifications or fixes), releases, and versions of the program. You will be notified, through an announcement letter, of discontinuance of support with 12 months' notice. If you require additional technical support from IBM, including an extension of support beyond the discontinuance date, contact your IBM representative or IBM Business Partner. This extension may be available for a fee.

For additional information on the IBM Software Support Lifecycle Policy, see the IBM Software Support Lifecycle Policy website.

Money-back guarantee

If for any reason you are dissatisfied with the program and you are the original licensee, you may obtain a refund of the amount you paid for it, if within 30 days of your invoice date you return the program and its PoE to the party from whom you obtained it. If you downloaded the program, you may contact the party from whom you acquired it for instructions on how to obtain the refund.

For clarification, note that (1) for programs acquired under the IBM International Passport Advantage offering, this term applies only to your first acquisition of the program and (2) for programs acquired under any of IBM's On/Off Capacity on Demand (On/Off CoD) software offerings, this term does not apply since these offerings apply to programs already acquired and in use by you.

Volume orders (IVO)

No

Passport Advantage applies

Yes, information is available on the Passport Advantage and Passport Advantage Express website.

Software Subscription and Support applies

Yes. Software Subscription and Support, also referred to as Software Maintenance, is included with licenses purchased through Passport Advantage and Passport Advantage Express. Product upgrades and Technical Support are provided by the Software Subscription and Support offering as described in the Agreements. Product upgrades provide the latest versions and releases to entitled software, and Technical Support provides voice and electronic access to IBM support organizations, worldwide.

IBM includes one year of Software Subscription and Support with each program license acquired. The initial period of Software Subscription and Support can be extended by the purchase of a renewal option, if available.

While your Software Subscription and Support is in effect, IBM provides you assistance for your routine, short duration installation and usage (how-to) questions, and code-related questions. IBM provides assistance by telephone and, if available, electronic access, only to your information systems (IS) technical support personnel during the normal business hours (published prime shift hours) of your IBM support center. (This assistance is not available to your users.) IBM provides Severity 1 assistance 24 hours a day, 7 days a week. For additional details, see the IBM Software Support Handbook. Software Subscription and Support does not include assistance for the design and development of applications, your use of programs in other than their specified operating environment, or failures caused by products for which IBM is not responsible under the applicable agreements.

Unless specified otherwise in a written agreement with you, IBM does not provide support for third-party products that were not provided by IBM. Ensure that when contacting IBM for covered support, you follow problem determination and other instructions that IBM provides, including in the IBM Software Support Handbook.

For additional information about the International Passport Advantage Agreement and the IBM International Passport Advantage Express Agreement, go to the Passport Advantage and Passport Advantage Express website.

Variable charges apply

No

Educational allowance available

Not applicable.



Back to topBack to top

Statement of good security practices

Top rule

IT system security involves protecting systems and information through intrusion prevention, detection, and response to improper access from within and outside your enterprise. Improper access can result in information being altered, destroyed, or misappropriated or can result in misuse of your systems to attack others. Without a comprehensive approach to security, no IT system or product should be considered completely secure and no single product or security measure can be completely effective in preventing improper access. IBM systems and products are designed to be part of a regulatory compliant, comprehensive security approach, which will necessarily involve additional operational procedures, and may require other systems, products, or services to be most effective.

Important: IBM does not warrant that any systems, products, or services are immune from, or will make your enterprise immune from, the malicious or illegal conduct of any party.



Back to topBack to top

Prices

Top rule


Business Partner information

If you are an IBM Business Partner acquiring products from IBM, you may link to Passport Advantage Online for resellers where you can obtain Business Partner pricing information. An IBMid and password are required to access the IBM Passport Advantage website.


Passport Advantage

For Passport Advantage information and charges, contact your IBM representative or authorized IBM Business Partner for Channel Value Rewards. Additional information is also available on the Passport Advantage and Passport Advantage Express website.



Back to topBack to top

Order now

Top rule

To order, contact the IBM Digital Sales Center, your local IBM representative, or your IBM Business Partner. To identify your local IBM representative or IBM Business Partner, call 800-IBM-4YOU (426-4968). For more information, contact the IBM Digital Sales Center.

Phone: 800-IBM-CALL (426-2255)

Fax: 800-2IBM-FAX (242-6329)

For IBM representative: askibm@ca.ibm.com

For IBM Business Partner: pwcs@us.ibm.com

IBM Digital Sales Offices
1177 S Belt Line Rd
Coppell, TX 75019-4642, US

The IBM Digital Sales Center, our national direct marketing organization, can add your name to the mailing list for catalogs of IBM products.


Note: Shipments will begin after the planned availability date.


IBM Channel Value Rewards

This product is available under Channel Value Rewards (CVR), either directly from IBM or through authorized Business Partners who invest in skills and high-value solutions. IBM clients may benefit from the industry-specific or horizontal solutions, skills, and expertise provided by these Business Partners.

Additions to CVR will be communicated through standard product announcements. To determine what IBM software is available under CVR, see the IBM Passport Advantage Online for IBM Business Partners website.

For questions regarding CVR, see the IBM Channel Value Rewards website.

Trademarks

IBM, Algo One, Algo, Algo Market, Algo Credit, Algo Risk, PartnerWorld, Passport Advantage, Express and RiskWatch are registered trademarks of IBM Corporation in the United States, other countries, or both.

Linux is a registered trademark of Linus Torvalds in the United States, other countries, or both.

Microsoft is a trademark of Microsoft Corporation in the United States, other countries, or both.

Other company, product, and service names may be trademarks or service marks of others.

Terms of use

IBM products and services which are announced and available in your country can be ordered under the applicable standard agreements, terms, conditions, and prices in effect at the time. IBM reserves the right to modify or withdraw this announcement at any time without notice. This announcement is provided for your information only. Additional terms of use are located at

Terms of use

For the most current information regarding IBM products, consult your IBM representative or reseller, or go to the IBM worldwide contacts page

IBM United States

Contact IBM

Feedback