FINCAD, the market leader for innovative derivatives solutions, announced today that Jubilee Financial Products LLP (“Jubilee”)
A rapidly growing asset manager, Jubilee required a valuations and risk management system for both its structured products and fund management businesses. F3 was chosen because its flexible nature enables Jubilee to react quickly to its changing business requirements. Initially, Jubilee plans to use F3 to price and report risk sensitivities for its bond and structured note positions, but also anticipates using F3 for CVA modelling.
“After evaluating other systems, we have concluded that F3 is the best all round risk management and valuations solution for our needs,” explains David Shorthouse, Chief Investment Officer of Jubilee Financial Products. “Its risk analytic package is unique and powerful, and provides excellent value for money. In the future, we plan on adding more products to our portfolios and we definitely see F3 being a part of that. We are using F3 to grow. ”
“We’re excited that Jubilee Financial Products has selected F3 as part of its risk management solution, and that it sees us as being an important part of future growth,” says Bob Park, CEO and President of FINCAD. “F3 provides customers with a unique combination – ultimate flexibility and detailed risk. Given the volatility in the market today, both these features are key in meeting today’s challenges.”
FINCAD, FinancialCAD are registered trademarks or trademarks of FinancialCAD Corporation. All other trademarks are the property of their holders. FRM® (or Certified FRM®) are trademarks owned by the Global Association of Risk Professionals
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-
About Jubilee Financial Products
Jubilee Financial Products LLP is an asset manager and an investment banking firm authorised and regulated in the UK, committed to exceeding client expectations and maintaining the highest level of integrity. Jubilee focuses on three core business lines: fund management, corporate finance and structured products. The asset management team at Jubilee manages its own set of funds, while the Corporate Finance team provides investment banking services to companies including private capital raising in debt and equity markets, advisory work for M&A transactions, and the use of derivatives in corporate finance problem solving. Jubilee also specialises in providing structured products and alternate investments to retail and professional clients. See www.jubileefp.com.
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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.