FINCAD, the market leader for innovative OTC derivatives solutions, announced today that it ranked number one in the Rates category in the Structured Products magazine's awards. FINCAD also ranked in the top five in all of the other Pricing and Analytics categories including cross-asset, foreign exchange, commodities and credit. The company ranked 8th overall, across the rankings for all technology vendors, making the big leap into the top 10 for the first time.
The Structured Products Awards rank the best technology vendors for risk management and derivatives. The poll was divided into several categories and respondents were asked to nominate the firms that provide the best product offerings across different markets, such as market risk, credit risk, pricing and analytics, risk management, and trading systems and analytics, based on the functionality, usability, performance, return on investment and reliability provided by technology vendors.
"Our ranking in the Structured Products award reflects our continued commitment to innovation. We have focused a great deal of our development on meeting the growing demands for flexibility around pricing, and the need to calculate CVA across all instrument types," said Bob Park, President and CEO, FINCAD. "Our F3 technology has been well-received in the market for this reason, so we are extremely happy to see this showcased in the results."
Full results of the survey appeared in the March issue of Structured Products magazine.
Founded in 1990, FINCAD provides advanced modeling 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 risk 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.