FINCAD, the market leader for innovative derivatives solutions, announced today the launch of FINCAD Analytics Suite 2012.1. For over 20 years, FINCAD Analytics Suite has been helping more than 4,000 organizations increase the accuracy of their derivatives valuations across multiple asset classes and effectively manage their risk exposure.
The latest version of the product offers a number of new functionalities including curve construction enhancements such as Fed Funds curves and Smooth Forward Curves. Fed Funds Curves using Fed Funds basis spreads versus LIBOR rates meet the need for separate forecasting and discounting curves for pricing collateralized OTC derivatives with USD cash flows. Also, Smooth Forward Curves provide increased pricing accuracy and more precise risk measurement by smoothing any spikes in forward rates using the Monotone Convex Spline method.
"The emerging nature of market structure changes for derivatives will demand that firms raise the bar to drive operational integration, realize efficiencies and facilitate optimization. This is already driving both execution and clearing brokers to build out industrial strength "in time" pricing and risk infrastructures that are scalable and aligned through various parts of the business," said Cubillas Ding, Research Director at Celent’s Securities & Investments practice.
"We are dedicated to investing in the ongoing development of FINCAD Analytics Suite to address the evolving business needs of our 4,000 clients in over 80 countries," said Bob Park, President and CEO, FINCAD. "FINCAD Analytics Suite continues to be critical for 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."
To see how FINCAD Analytics Suite clients are using the product to meet their business need, visit http://www.fincad.com/
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.