News & Events

June 2009

Highlights:

FINCAD Analytics Suite 2009 Covers a Wide Range of Power Reverse Dual Currency Notes

Despite a recent decline in popularity, Power Reverse Dual Currency notes continue to exist on many books due to the strengthening of the JPY currency. Therefore accurate pricing of Power Reverse Dual Currency notes remains an important, yet challenging, endeavour for both issuers and investors worldwide. FINCAD Analytics Suite 2009 for Excel and FINCAD Analytics Suite 2009 for Developers provide pricing and cash flow analysis for a wide range of Power Reverse Dual Currency notes.
» Learn How to Price PRDC notes.

FINCAD Investigates: "Why don't my numbers match?"

One of the reasons clients have purchased FINCAD is to provide an independent valuation to compare against their other sources. This invariably raises the question: "Why don't the numbers from FINCAD match the numbers from other valuation sources?" This article explores the different reasons why this issue occurs.
» Why don't the numbers?


SPECIAL FEATURES

New Scenario Analysis Workbook Improves IR Sensitivity Analyses

For FINCAD Suite for Excel 2009 users, the new Scenario Analysis workbook is designed to assist users in performing interest rate sensitivity analysis. In addition to a standard FINCAD swap curve and holiday list template, this workbook allows the creation of up to 20 discount factor curves with different parallel shift scenarios. This pre-built workbook solutions is designed to work with FINCAD Analytics Suite 2009 for Excel. For users with a valid support contract, download the worksheet from the support site (http://support.fincad.com). Want to find out more? Contact a FINCAD Representative today!

View the Latest FINCAD Webinar: Taming the Yield Curve - Build Better Curves Using Today's Market Data

The construction of accurate yield curves is critical for accurate derivatives valuation. Unprecedented volatility and the loss of liquidity in some markets have resulted in interest rate curve anomalies due to market data that deviates from the norm. This in turn has affected the value of some derivative positions. Click here to view the recording of this 30-minute webinar to learn about proper curve construction, understand what has caused unexpected derivative values, and we'll show you a solution to address the problem and get accurate values.
» Details on the webinar

ANNOUNCEMENTS

Launch of F3 SDK Beta

FINCAD, the industry standard for financial analytics announced today the launch of its latest product offering, F3 SDK. F3 SDK, currently in beta, is a software development kit that provides software vendors, banks and hedge funds with the ability to integrate FINCAD analytics into new and existing systems. F3 SDK enables comprehensive measurement of the risk for all market data inputs at the trade or portfolio level.
» Learn more about F3 SDK

New version of FINCAD Analytics Suite 2009 for Excel is available

High levels of volatility combined with low liquidity in many financial markets has resulted in unexpected yield curve results leading to anomalies between counterparty and in-house valuations. In response to these issues, FINCAD developed a new version of FINCAD Analytics Suite for Excel that contains three new easy-to-use workbooks: basis spread curve, vanilla swap with basis spreads and compounding swaps with basis spreads. This new release also included the CDS workbook that implements the ISDA model with the added benefit of providing fair value and additional risk measurement outputs such as par spread and risk statistics in pricing single name CDS contracts. To find out more contact a FINCAD Representative or request a trial.
» Learn New Excel Features

FINCAD Support — bringing you the latest that FINCAD has to offer!

FINCAD Customer Service Center allows users to download the most recent version of our products, pre-built workbook solutions and FAQs to help users get the most out of the software. The support site is available to users with a valid support contract — go to http://support.fincad.com. If you don't have a username and password yet, contact your FINCAD Representative for more details.

Take the FINCAD Annual Customer Survey

Take this quick 10-minute customer survey and help us make improvements to our products. Completed surveys will be entered into a draw to win one of two prizes: a Sony Blu-Ray Player or an Apple 16GB iPod Touch. Deadline is June 26, 2009. Please click here to access the survey questions. All answers will be kept strictly confidential.

FINCAD IN THE NEWS

FINCAD Ranked Leader of Independent Pricing & Risk Analytics in New Celent Report

In a recent report on the derivatives and structured product pricing industry from Celent, an independent analyst firm, FINCAD was identified as a leading vendor in terms of advanced features and technology in independent pricing and risk analytics. The report states that FINCAD has continued to strengthen its analytics across multiple asset classes and now has enhanced capabilities to support cross-asset pricing for structured products.
» Read more.

FINCAD Ranked in the Structured Products Awards for Best Technology Vendors for Risk Management and Derivatives

FINCAD was highly ranked in the Structured Products magazine's awards. FINCAD ranked in the Pricing and Analytics category for interest rates and foreign exchange. The Structured Products Awards rank the best technology vendors for risk management and derivatives.
» Read More.