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FINCAD and Kinetix Partner to Provide a Comprehensive Solution for Pre-trade Verification
FINCAD, the leading provider of OTC derivatives pricing and risk management solutions, is pleased to announce that Kinetix Trading Solutions has joined the FINCAD Alliance Program. This collaboration is especially relevant for the trading, risk management and compliance departments of buy and sell-side firms looking for a complete pre-trade verification solution.
"We are delighted to collaborate with FINCAD, as the company's advanced analytics are a perfect complement to our solutions," said Amit Karande, CEO of Kinetix. "FINCAD is well-known in the industry for its accurate and reliable valuation and risk measurement technology, which is essential for a substantial part of our target customer base. In particular, we expect that both buy and sell-side firms seeking advanced trade management and pre-trade verification solutions will be enthusiastic about the option of easily deploying FINCAD and Kinetix solutions together."
"Kinetix users, including heads of trading and compliance officers, can now have single-point access to FINCAD's multi-asset pricing and risk analytics from Kinetix's Monaco suite - which includes a comprehensive regulatory and compliance verification module called Monaco PTV," said Amar Budhiraja, Director of Strategic Business Development at FINCAD. "With the increased focus on compliance, a robust pre-trade verification process and solution have become very important for our buy and sell-side clients. We believe the experience, expertise and technology provided by both FINCAD and Kinetix can help them meet these needs."
Both Kinetix and FINCAD are committed to providing technological solutions that help firms comply with existing regulations - and that are flexible and robust enough to support compliance in the future as the regulatory framework evolves. The partnership between the two firms is particularly aimed at pre-trade verification - an area where regulations have become far more stringent for OTC derivatives trading in the past few years. Due to this collaboration, users will have access to a more robust verification system as well as full pricing and risk data for a broad array of asset classes.
About Kinetix Trading Solutions
Kinetix Trading Solutions Inc provides technology services for brokers/dealers, hedge funds, investment management firms and service providers. A specialist in the Fixed Income Cash and Derivatives business, Kinetix's component-based platform and bespoke solutions provide Cross Product Trade Capture and Processing, Regulatory Adherence, Derivatives Clearing, and Straight through Processing to leading ISVs and CCPs. Kinetix's roster of clients includes CME Group and Millennium Management LLC, the New York based hedge fund manager.www.kinetixtt.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-
Kinetix Trading Solutions