2009 AGL is authorised to engage in securities operations in accordance with the Financial Markets Act (2007:528). Only a few consultancy companies have such authorisation. This licence allows AGL for example to provide specific investment advice relating to financial instruments and to manage client orders. AGL initiates cooperation with the system vendor Bellin to widen the range of treasury services focusing on and strengthening our payment factory and cash management services.
2008 Business expands and Carl-Ludvig Wennerström and Joakim Nirup are employed. The tenth Financial Market Day is held in September. Historical events take place in the financial market. This year’s word is “sub-prime” and Lehman Brothers go bankrupt.
2007 Many new clients are acquired and Malin Rössel is employed. Cash management becomes a separate business area. Mikael Nilsson from the Royal Bank of Scotland gives a presentation at the Financial Market Day and seriously warns of the crisis to come.
2006 AGL signs a cooperation agreement with WM-data (now Logica), stating that AGL will use TWIN in its outsourcing services. AGL’s activities within commodity risk management expand.
2005 Lars Beckman is recruited and is responsible for ALG’s new business area, the outsourcing of treasury functions.
2004 AGL procures a variety of structured derivatives for different customers.
2003 We continue to streamline our models and our work methods. We also begin to create greater structure within our work in macro statistics.
2002 Competition in the credit market is apparent from the increasing number of our clients who are offered exceptionally favourable deals based on the prime rates that follow the Riksbank’s repo rate.
2001 AGL works intently to develop branded services, a process which is still ongoing.
2000 The IT-crash dominates this year, however AGL is relatively unaffected, and by applying new faster IT technologies the company streamlines its in-house developed simulation models. Johan Ersson is employed.
1999 AGL helps many housing associations to restructure their loan portfolios and procure major framework agreement. Anders Wester is recruited and in August ALG holds its first Interest Rate Market Day.
1998 The Russian crisis and the collapse of the Long Term Capital Hedge Fund have a dramatic impact on the market. The spread between the swap and state interest rates reaches record levels.
1997 The Asian crisis, AGL supports clients in a number of large derivatives deals. Linus Ericsson AGL’s CEO is employed and contributes significant expertise in, among others, the currency area.
1994 AGL is established and from the beginning it comprises of six people including Mattias Baggfelt who is still with the company today. During the first years we work extensively with the securitisation of Stockholm City housing loans.