Moody's Analytics Integrates FINCAD Analytics into RiskFoundation™ Platform
Vancouver, Dublin - May 10, 2012
FINCAD, the market leader for innovative derivatives solutions, today announced that Moody's Analytics, the award-winning global provider of credit risk measurement and management solutions, has chosen to embed FINCAD Analytics in the calculation tier of its newly architected RiskFoundation™ platform.
Moody's RiskFoundation provides clients with the infrastructure needed to implement a world-class risk management system and comply with regulatory guidelines. The platform supports a full suite of Enterprise Risk Management products and integrates financial and risk data to calculate regulatory capital, economic capital, ALM, liquidity, and counterparty risk for a global view of the clients' exposures. In addition to other calculation libraries developed by Moody's Analytics, FINCAD Analytics was also embedded into the RiskFoundation platform to price financial products.
"We're very pleased that Moody's Analytics has chosen to use FINCAD's Analytics for its new RiskFoundation platform," commented Amar Budhiraja, Director of the FINCAD Alliance Program. "FINCAD has had a long and progressive relationship with Fermat since 2002 and we're excited that Moody's Analytics has decided to use FINCAD for the derivatives pricing functionality provided by their platform."
"We selected FINCAD Analytics for the RiskFoundation platform because it provides transparent, out-of-the box valuations," stated Keith Berry, Managing Director of Enterprise Risk Solutions at Moody's Analytics. "As an industry-standard financial library that has been market-tested, FINCAD is trusted by financial professionals around the world."
FINCAD provides software and services supporting the valuation, reporting and risk management of derivatives and fixed income portfolios to more than 4000 clients around the world. FINCAD Analytics can be accessed as a Software-as-a-Service, through Excel, MATLAB®, or embedded into an existing system through software development kits.
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.