Press Releases
Finacle Treasury Solution Expands Pricing Functionality with FINCAD Analytics
Finacle joins the FINCAD Alliance Program to leverage FINCAD's industry-standard analytics
Vancouver, BC and Bangalore - February 11, 2010
FINCAD, the trusted provider of derivatives analytics to leading global banks announced that Finacle from Infosys has joined the FINCAD Alliance Program, enabling Infosys to access FINCAD's extensive derivatives analytics library for its FinacleTM treasury solution.
The FinacleTM treasury solution is a modular, front, middle and back-office solution built on best-of-breed open technology platforms, providing high scalability, flexibility and straight-through-processing (STP) capability. Infosys chose to certify its Finacle treasury solution with FINCAD Analytics to offer its clients built-in pricing using industry-standard analytics, thereby enhancing the valuation and risk capabilities of its solution.
"Our use of FINCAD's analytics library in Finacle treasury allows us to enhance our derivatives valuation capability quickly, enabling us to be more responsive to the market," said Sanat Rao, Vice President, Head Worldwide Sales and Alliances - Finacle, Infosys. "We selected FINCAD as it offers industry-standard analytics and because it is an established player in the derivatives analytics market."
"We are very excited to support Finacle's ambitious growth as it expands its global footprint," said Amar Budhiraja, Director of the FINCAD Alliance Program. "FINCAD's comprehensive cross-asset class library continues to provide financial technology vendors the most efficient way of meeting their clients' derivatives valuation needs through proven and trusted analytics."
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, hedge funds, asset management firms, corporate treasuries, and auditors. 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. www.fincad.com
###
Media Contacts:
Armita Seyedalikhani, FINCAD
+1.604.957.1222
a.seyedalikhani@fincad.com
