Press Releases

FINCAD Partners with NorthPoint Solutions to Address Integration Needs for Derivatives Analytics

Vancouver, BC and New York - November 3, 2009

FINCAD, the trusted provider of derivatives analytics, and NorthPoint Solutions LLC, the leading business solutions provider to the alternative investment industry, announced today that NorthPoint has joined the FINCAD Alliance Program. This partnership enables NorthPoint to enhance its offering to clients by providing them with the business and technical expertise to implement FINCAD Analytics.

With its focus in the alternative investment market, including hedge funds, funds of funds, and other alternative asset managers, NorthPoint combines its domain knowledge with strong technical expertise to provide its clients best-of-breed solutions. FINCAD's comprehensive cross-asset analytics library complements NorthPoint's valuation and risk management solutions.

"FINCAD's analytics solutions are widely accepted in the alternative investment market, so partnering with FINCAD was a clear choice for us," said Glen Froio, President, NorthPoint Solutions. "Our clients don't want to spend a lot of time and money getting daily prices. By integrating FINCAD in their systems, they can price hundreds of instruments faster and as often as they need in a more automated way. FINCAD Analytics also allow our users to run different scenario analyses and calculate VaR."

"With the increase in hedge funds outsourcing their IT implementations, we are pleased to partner with an established service provider like NorthPoint that has the domain knowledge and technical expertise to integrate FINCAD Analytics in its clients' front-to-back office systems," said Amar Budhiraja, Director, FINCAD Alliance Program.

About NorthPoint

NorthPoint Solutions LLC is the leading business solutions provider to the Alternative Asset Management industry. NorthPoint's unique approach draws upon years of industry experience, deep domain knowledge, technology expertise and talented staff to help clients address their most pressing operational, analytical, and reporting challenges. NorthPoint delivers custom business applications and systems integration solutions that help clients maximize their ability to raise capital, manage risk, monitor assets, and make confident and timely investment decisions. www.northps.com

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.

Media Contacts:

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