June 2006

ANNOUNCEMENT

Survey Draw Results for FINCAD XL and FINCAD Developer

Thank you to all those who participated in the annual FINCAD XL and FINCAD Developer surveys. All participants were entered into a random draw. The winners of the free FINCAD XL v10 upgrade and the iPod Nano are:

FINCAD XL survey winner:

Craig Davis, Senior Manager, KPMG Australia - winner of the free FINCAD XL v10 upgrade

FINCAD Developer survey winner:

Jaroslav Beran, Risk Management, Ceskoslovenska Obchodni Banka, a.s. (CSOB) in the Czech Republic - winner of the iPod Nano

Congratulations!

Thank you to all participants of the FINCAD XL and FINCAD Developer surveys. We appreciate your time and value your
feedback.

SPOTLIGHT

Excerpt from the 2006 Annual Report on Software for Financial Engineering and Risk Management

FINCAD was one of 18 companies surveyed, in the "Fifth Annual Special Report on Software and Information Technology for Financial Engineering and Risk Management", to understand perspectives on the important trends that are driving businesses. Learn why companies are turning to FINCAD to help them bring independent valuation and technology in-house. Read the excerpt from the article “Continued Financial Product Innovation and Regulatory Requirements Drive Change for Software Firms"… Read more

CDOs and the Search for Simplicity

Learn how to improve the valuation of synthetics CDOs. This article, recently published in Wilmott by one of our Senior Quantitative Analysts, explores how the group recursion method speeds up the valuation of synthetic CDOs.

FEATURED INSTRUMENTS

Valuing Freight Options with FINCAD XL

Learn how to value freight options in an easy-to-use workbook now available in FINCAD XL v9.1.

Comparing ESOs with Standard European and American Options

Discover how the exercise features of employee stock options (ESOs) differ from European options when compared with American options.

FEATURED TIP

Adding Currencies to your FINCAD XL, Bloomberg Finance LP*-Enabled Workbooks

This featured tip will help you customize FINCAD's Bloomberg Finance LP-enabled workbooks to accomodate additional currencies.

DEVELOPER'S CORNER

How Grid Computing May Improve Systems' Performance

Find out how you can use grid computing to overcome performance issues in large web based applications.

* Bloomberg is a trademark of Bloomberg Finance LP. FINCAD is not associated in any way with Bloomberg Finance LP.