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About
Accounting and Regulatory Requirement Solutions for Financial Institutions
AlgoSave delivers simulation-based, point-in-time, IFRS-9 lifetime-probability-weighted expected credit losses (ECL) in accordance with stringent IFRS Standards. The company provides banks and insurance companies with data on their lending and investment portfolios in order to help them overcome issues of dependency on credit risk modeling.
Identity
| Name | Algosave |
|---|---|
| Slug | algosave |
| Type / kind | startup |
| Crunchbase ID | algosave-integrate-risk-and-finance |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAwO2JhIQKDA |
Status
| Status | inactive |
|---|---|
| Status reason | Non Active, Mar 2019 ceased to operate |
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Herzliya |
| HQ address | David HaMelech Street 100, Herzliya, Israel |
Web & social
| https://www.linkedin.com/company/17962853 | |
| Twitter / X | https://twitter.com/algosave_RS |
Classifications
Primary sector Business Software
Sub-sectors
Business Software
Technologies
Artificial Intelligence
Target customers
Financial ServicesFinancial ProductsInsuranceFinancial InstitutionsBanksRegulationAccounting
Business models
B2B
Tags
artificial-intelligencebig-datacloudback-officeasset-managementfintechcompliancemachine-learningrisk-managementfinancial-institutionsbanksregulationinsurance-companies
Funding
| Total raised | $120K |
|---|---|
| Current stage | Seed |
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