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Aberdeen Asset Management PLC Selects F3 for Risk Management and Valuations

Vancouver, Canada and Aberdeen, Scotland – February 28, 2012

FINCAD, the market leader for innovative OTC derivatives solutions, announced today that Aberdeen Asset Management PLC (Aberdeen) has selected F3 as its risk management and valuations solution. Using F3, Aberdeen is now able to value Fixed Income derivatives under one system, providing its dealing desk with real-time valuations in an efficient manner.

Aberdeen chose F3 SDK, (F3's Software Development Kit), because its simple API allows for easy, risk-free integration. Available in multiple languages, F3 enables Aberdeen to use C# as its universal programming language, saving it time and reducing costs. Aberdeen primarily uses F3 for the valuation and duration analysis of various rate and credit based swap instruments, but plans on expanding its use of F3 to perform Monte Carlo simulations of its portfolios and various forms of scenario analysis.

"With F3, all instruments applicable to Aberdeen can be valued under one system and accessed globally, which was the main goal of acquiring a new system," says Matthew Lynes, Portfolio Manager, Aberdeen Asset Management. "The dedicated .NET interface significantly enhances integration as well as its potential to be used in a scalable fashion in a large, global organisation. F3 has helped us increase our efficiency with the ability to value almost any instrument under one system."

"Today, the main challenges growing global organizations face are firm-wide," explains Bob Park, CEO and President, FINCAD. "These challenges, which include uniformity, transparency, flexibility, and performance, are best met with coherent, comprehensive platforms that enable concurrent sharing across the enterprise. F3 is an Enterprise Analytics Platform that addresses these challenges and helps organizations like Aberdeen increase performance and better manage diverse global portfolios."

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About Aberdeen

Aberdeen Asset Management PLC ("Aberdeen Asset") is a global investment management group headquartered in Aberdeen Scotland, and manages more than US$270.3 billion of assets for both institutions and private individuals (as of December 31, 2011). Listed on the London Stock Exchange, Aberdeen manages currency, fixed income and equities in segregated, closed and open-ended pooled structures, in addition to running a sizeable European property business. Aberdeen invests worldwide and follows a predominantly long-only approach, with an active management, team based strategy. The group employs over 1,800 staff across 4 countries worldwide.

About FINCAD

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-a-Service or embedded into an existing system through software development kits. Now, over 70 FINCAD Alliance Partners embed FINCAD Analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland, and Vancouver, Canada. www.fincad.com

Media Contact:

Sarah Quon
Direct: +1.604.831.9599
Email: pr@fincad.com