Press Releases

FINCAD Expands Market Data to Address Derivatives Growth in Emerging Markets

London, NY, Vancouver - May 18, 2010

FINCAD, the leading global provider of financial analytics, and ICAP (IAP.L), the world's premier interdealer broker and provider of post trade services, now offer data for additional Asian countries in FINCAD Market Data.

FINCAD Market Data, a joint offering from FINCAD and ICAP, provides current and historical data to support virtually all of the functions and workbooks in FINCAD Analytics Suite for Excel. The data is updated daily to provide finance professionals worldwide with the most accurate information for valuations, tracking, risk management and more.

"More proactive management of financial risk has created an increased need for pricing and risk management solutions, along with appropriate market data," said Bob Park, President and CEO, FINCAD. "A proven and robust market data solution is the fundamental basis for accurate valuations, and our customers can now access interest rate curves in FINCAD Market Data for over 25 countries,"

FINCAD Market Data now includes jurisdictional interest rate curves on emerging market economies with a particular focus in Asia, including Korea, Malaysia, Thailand and Taiwan. This additional data allows financial professionals to price a variety of instruments that require an interest rate curve.

For tracking changes, managing the risk of a position or portfolios or checking end-of-day quotes, this web-based solution provides excellent value for a fraction of the cost of alternative market data solutions.

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.

About ICAP

ICAP is the world's premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP is also the source of global market information and research for professionals in the international financial markets. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information go to www.icap.com

Media Contact:

Sarah Quon
Direct: +1.604.831.9599
Email: pr@fincad.com