FINCAD to Deliver Advanced Financial Analytic Software to UK Market

AddThis Feed Button

November 27th, 2007 Leave a comment Visited 38 times, 3 so far today

FINCAD Launches In The UK With Over 1,400 Financial Modelling Products

London, November, 27, 2007 – FINCAD a global leader in financial analytics software and services has launched within the UK, allowing financial services organisations to evaluate the derivatives market, valued at over £75 trillion in EMEA.

With the fall-out from the US sub-prime mortgage crisis beginning to spread across the Atlantic, FINCAD’s financial analytics will enable European organisations to better value and assess the financial risk of their financial derivatives.

FINCAD provides over 1,400 financial modelling products including commodities, convertible bonds, credit equity through to fixed income, foreign exchange, municipal bonds among others. FINCAD allows financial institutions to mitigate the impact of market uncertainty by having a far greater understanding of the consequences of their decisions.

Bob Park, Chief Executive Officer of FINCAD said, “The current crisis affecting world financial markets is a stark reminder of the inherent risks which expose companies and individuals to potentially catastrophic losses when critical information is absent, or when the quality of information available to investors is not carefully assessed. Businesses today are challenged by the need to harness the value of increasing amounts of data to make accurate decisions. FINCAD is firmly committed to working closely with the financial industry to help them assess their financial risk and fulfil their corporate governance obligations.”

FINCAD software is specifically designed to help financial institutions manage exposure to risk by providing valuation, risk assessment and regulatory compliance tools to banks, corporate treasuries and asset management firms in over 70 countries around the world.

Notes for Editor

About FINCAD

FINCAD, founded in 1990 is the leader in providing consistent and accurate industry standard financial analytics to the global financial community. FINCAD enables companies that participate in the financial market to assess their financial risk and value financial derivatives. More than 25,000 professionals in over 70 countries use FINCAD software to improve performance resulting in faster more accurate business decisions and compliance with governmental regulations.

- ENDS -

For more information contact:

Simon Corbett, Blanc & Otus
D: +44 (0) 20 7413 3334
M: +44 (0) 7786 677 057
scorbett {at} blancandotus(.)com

or

Reva Seth, Blanc & Otus
D:+44 (0) 20 7413 3338
M: +44 (0) 7810 276 621
rseth {at} blancandotus(.)com





TechWhack on Facebook

Comments are closed.

Related Posts

Popular Posts

blank