The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Fincad Upgrades Analytics Suite with Extended Asset Class Coverage

Fincad has launched a new version of its Analytics Suite for 2009, with extended asset class coverage of structured products including trigger swaps, Brazilian FRNs, Altiplano options and snowrange instruments. The vendor says the upgrade is aimed at meeting the valuations and risk analytics needs of financial institutions in the current financial environment.

Fincad Analytics Suite 2009 is available as an Excel based solution or a software development kit, allowing users to embed Fincad analytics into their enterprise application.

Bob Park, president and CEO of Fincad, explains that the vendor has expedited the ability to create custom workbook solutions and market data integration with a view to making all Fincad calibration workbooks easier to use. He says that the vendor is committed to spending 30% of its revenues on research every year to meet its clients’ needs.

To this end, the vendor is also developing a workbook to calculate credit value adjustment (CVA), which it says is to further enable users to meet FAS 157 requirements.

The vendor is one of a host of risk analytics and valuations vendors in the space that is vying for the attention of financial institutions, which have been put under public and regulatory scrutiny with regards to risk management. The arms race to increase product coverage and functionality is likely to continue over the course of 2009 and it will be interesting to see how the various upgrades and partnerships affect the market share of these, often niche, vendors.

Related content

WEBINAR

Recorded Webinar: Managing the transaction reporting landscape post Brexit: MiFID II, SFTR, EMIR

The transaction reporting landscape has, for many financial institutions, expanded considerably in size since the end of the UK’s Brexit transition period on 31 December 2020 and the resulting need for double reporting of some transactions to both EU and UK authorities. It has also changed dramatically following the UK government’s failure to reach equivalence...

BLOG

GLEIF Calls Global Industries to Join Development of Cryptographically Verifiable LEI

The Global Legal Entity Identifier Foundation (GLEIF) has set out grand plans to create a digitised LEI service based on a digitally verifiable credential containing the LEI – the vLEI – and able to provide automated identity verification between counterparties. The ambition is for all industry sectors globally, including financial services, to embed new and...

EVENT

RegTech Summit New York City

Now in its 5th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Pricing and Valuations

This special report accompanies a webinar we held a webinar on the popular topic of Pricing and Valuations, discussing issues such as transparency of pricing and how to ensure data quality. You can register here to get immediate access to the Special Report.