FINCAD, the market leader for innovative derivatives solutions within the finance industry, today announced that Royal London Asset Management, one of the UK’s leading fund management companies, selected F3 Excel Edition to calculate daily derivatives valuations and risk for over £40 billion of investment, pension fund, and other assets under management.
Royal London Asset Management selected F3 Excel Edition to replace in-house built systems for derivatives valuations with a robust platform that could be used throughout the organization in Front and Middle Office. The installation gives Traders, Portfolio Managers, Quants and P&L teams access to accurate pricing models consistent throughout company in an easy to use Excel-based platform.
As one of the top fund managers in the UK, Royal London Asset Management carefully monitors the value of its fund and the risk at all times with daily valuations and risk metrics. F3 offers extensive coverage for all of the asset classes they currently manage with the flexibility to build virtually any new trade. Cutting-edge risk capabilities will enable Royal London Asset Management to conduct efficient portfolio risk and intra-day risk calculations.
“We needed a robust, uniform and consistent derivative valuation platform across the whole business that would help us in our accuracy of valuations and also the speed and efficiency with which we provide those valuations,”
“We are pleased that Royal London Asset Management has selected F3 to support the valuation and risk management of their fund. F3 provides the ultimate flexibility to value any trade, which is critical for clients such as RLAM who require daily valuations for a wide range of products,” said Bob Park, President & CEO, FINCAD. “Combined with exceptional risk technology that enables dramatic reductions in processing costs and time, F3 delivers a compelling solution for derivatives valuations.”
Founded in 1990, FINCAD provides advanced modelling solutions built on award-winning, patent pending technology. With more than 4,000 clients in over 80 countries around the world, FINCAD is the leading provider of financial analytics technology, enabling global market participants to make informed hedging and investment decisions. FINCAD provides software and services supporting the valuation, reporting and risk management of derivatives and fixed income portfolios to banks, corporate treasuries, hedge funds, asset management firms, audit firms, and governments. FINCAD Analytics can be accessed through Excel, MATLAB, as a Software-as-
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Founded in 1990, FINCAD provides software and services supporting the valuation and risk management of cross-asset class derivatives and fixed income securities to more than more than 4,000 organizations in over 80 countries.