is committed to providing the most forward thinking and transparent ratings and research to the fixed income market. In servicing this market, Fitch has a presence in more than 75 countries with over 40 offices worldwide. Growing our coverage rapidly, Fitch now rates more than 1,500 banks, 70 sovereigns, 800 insurance companies, 1,100 corporates and maintains surveillance on 3,300 structured financings and 26,000 municipal bond ratings in the U.S. tax-exempt market. With a combined analytical and professional staff of more than 1,200, many of whom possess over 10 years of specialized industry experience, Fitch exceeds expectations.
is a recognized leader in enterprise risk management. Following its acquisition by the Fitch Group in January 2005, Algorithmics is the world's leading provider of enterprise risk management solutions and services that enable financial institutions to effectively understand and manage their financial risk. Algorithmics has over 200 clients, including more than 60 of the 100 largest financial institutions in the world.
Algorithmics now represents one of the largest dedicated enterprise risk management teams in the world, with more than 550 risk professionals, located in 15 offices in key international markets. The firm's advanced and proven suite of enterprise risk solutions helps financial institutions to improve the quality of risk information, meet regulatory requirements, and allocate capital more efficiently.