Press Releases

FINCAD Enhances Analytics Coverage to Further Meet Need for Independent Valuations

Latest release provides more comprehensive risk measurement

Vancouver, Dublin - February 18, 2009

With growing regulatory pressures and requirement for better risk management, financial professionals are faced with an increasing need for comprehensive financial analytics. To address the market demand for independent and transparent valuations, FINCAD today announced the launch of the latest update to FINCAD Analytics Suite 2009.

FINCAD Analytics Suite 2009 now provides new coverage including Trigger swaps and Snowrange instruments, as well as enhanced coverage for Brazilian FRNs and Altiplano options. With analytics built on a superior technology platform, FINCAD has further enhanced the ability to create custom workbook solutions faster and market data integration makes all FINCAD calibration workbooks easier to use. In addition, in order to continuously provide added value for its clients, FINCAD is developing a workbook to calculate credit value adjustment CVA, to further enable users to meet FAS 157 requirements.

FINCAD Analytics Suite 2009 provides cost effective functionality across multiple asset classes that is fully documented and available as an Excel based solution or a software development kit allowing users to embed FINCAD analytics into their enterprise application.

"FINCAD is committed to understanding and addressing the evolving needs of our customers, investing 30 percent of our revenues in research and development per year," said Bob Park, President and CEO, FINCAD. "We are dedicated to providing our clients with accurate and efficient valuation of financial instruments and risk analytics, particularly in today's rapidly changing markets, where the need for risk measurement is more critical than ever."

The new FINCAD Analytics Suite 2009 functionalities are now available for current users free of charge.

To learn how to value counterparty risk, price volatility derivatives and reduce operational risk, register for FINCAD's upcoming webinar or download a 7-Day evaluation trial of FINCAD Analytics Suite 2009.

About FINCAD

Founded in 1990, FINCAD provides software and services supporting the valuation and risk management of cross-asset class derivatives and fixed income securities to banks, corporate treasuries, asset management firms, auditors, and governments. FINCAD is the industry standard for financial analytics used by more than 35,000 financial professionals in over 80 countries. Over 70 FINCAD Alliance Partners embed FINCAD analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland and Vancouver, Canada. For additional information, visit www.fincad.com.

Media Contact:

Armita Seyedalikhani
Direct: +1.604.957.1222
Email: a.seyedalikhani@fincad.com
www.fincad.com