About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Icap and Fincad Add More Front End Functions to Derivatives Valuations Solution

Subscribe to our newsletter

Following the launch of their combined effort in the derivatives valuations space in July, interdealer broker Icap and financial analytics vendor Fincad have added new functionality to their Fair Value Insight solution. The web-based derivatives valuation solution, which is built on Fincad’s analytics and Icap’s market data, now features the ability for users to directly upload market data and trades into the system.

According to the vendors, the new functionality allows users to upload their own curves as well as FX rate groups, spot rates and historical volatilities used to price FX options and FX option strategy trades. The ability to upload trade details directly into the system should provide significant time savings for users with large portfolios, says Bob Park, president and CEO of Fincad.

The solution overall aims to provide a low cost online derivatives valuation solution for those with restricted budgets as a result of the current economic climate. It has been pitched as a risk management tool for the measurement of derivative cash flows for liquidity and capital management. To this end it provides valuations for interest rate, foreign exchange and commodity derivatives and debt securities.

“With the current spotlight on financial reporting, our clients are faced with an increasing demand for solutions that provide accurate and automated visibility into derivatives valuations,” says Park. “We’re dedicated to continuously improving our solutions to meet these needs through innovative technology that offers fully transparent independent valuations, while saving time and resources.”

Since its launch, the vendors have achieved two public wins for the solution: Harness Liquid Macro Fund and Provident Risk Management. Harness selected Fincad Analytics to provide real time derivatives pricing and risk monitoring, whereas Provident is using the solution as the foundation for its clients’ credit risk management and market valuations for interest rate derivatives.

The valuations space is rather crowded, so any public wins are a bonus for a new player such as this. The solution has been aimed at the small to medium size end of the market and management consulting firm Provident Risk Management and boutique hedge fund Harness UK’s fund both fit this bill.

Work on enhancing the flexibility of the front end should assist the vendors in gaining yet more traction in the market, or so the theory goes. The next couple of months should demonstrate whether the upgrade pays dividends.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Hearing from the Experts: AI Governance Best Practices

9 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical...

BLOG

Data Hurdles, Expertise Loss Hampering BCBS 239 Compliance

A combination of data management hurdles, talent shortages and poor succession planning are bedevilling banks as they struggle to respond to a long-standing risk data aggregation directive – even after repeated European Central Bank (ECB) criticism of their compliance shortfalls. The Basel Committee on Banking Supervision’s Principles for effective risk data aggregation and risk reporting...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...