About FINCAD

Since 1990, FINCAD has been helping firms make better investment and risk decisions, improve workflow efficiency, and reduce operational risk.

FINCAD Asia Pacific Limited Opens Office in Beijing's Financial District

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FINCAD President and CEO Bob Park celebrating the opening of the new office, together with staff at the company's headquarters.

Vancouver, BC - August 9, 2013

FINCAD, the leading provider of OTC derivatives pricing and risk management solutions, is pleased to announce that FINCAD Asia Pacific Limited has opened an office in Beijing. The office will support the company's continued expansion throughout the Asia Pacific region, by providing expert pre-sales and post-sales support to customers and channel partners.

World-leading Solutions that Meet Local Needs

"We are very excited to bring FINCAD's globally recognized solutions to the Chinese financial industry," said Amar Budhiraja, Director of Strategic Business Development at FINCAD. "Our award-winning solutions have been proven in financial markets worldwide, on both the sell-side and the buy-side. At the same time, FINCAD's solutions are flexible enough to allow for easy adaptation to the specific needs of Chinese companies, which are operating in a unique regulatory framework."

The Best Location to Support Growing Asia Pacific Customer Base

Located in the heart of Beijing's Financial district, the new office is in immediate proximity to Chinese regulatory bodies, as well as the head offices of China's own main banks, and those of leading global banks serving their Chinese customers. Budhiraja added, "The office in Beijing underscores our commitment to our clients and partners in China and supports our goal of reaching and supporting a growing customer base in the Asia Pacific region. Now we have the ideal location to realize both of those objectives."

Expert Local Support for Partners and Customers

"The new office will be staffed by experienced technical resources, ensuring the immediate and long-term success of FINCAD implementations," Budhiraja also said. "We want to make sure that our Asia Pacific customers get the highest level of service and make the most of their FINCAD software as they meet the challenges of financial markets."

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

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Kristina Lee
Magnolia Communications
Email: klee@magnoliamc.com
Direct: +1.778.999.8562