FINCAD Analytics Suite 2011.1 is Now Available

Vancouver, Dublin - March 29, 2011

FINCAD, the industry standard for financial analytics, announced today the newest release of its FINCAD Analytics Suite product line. Some of the enhancements to FINCAD Analytics Suite for Excel and FINCAD Analytics Suite for Developers include improved functionality to calculate price and risk parameters for LIBOR Swaps and Overnight Index Swaps, and the addition of pre-defined market conventions for BBA LIBOR indices, removing the need for users to specify those conventions.

The architectural changes made to FINCAD Analytics Suite 2011 in November 2010 enabled the rapid development of new functions designed to replace older functions in the library. These new functions considerably enhance the usability of the product line. Now users can enter information into a workbook or function using a natural language string such as "LiborUSD3m", instead of numerical switches, making it even more intuitive to enter trade information. Some of the new string-based functions added to the library include one that calculates implied forward rates, for either pre-defined indices or user-defined indices, an updated version of the commonly-used LIBOR swap function, and an Overnight Index Swap function.

"FINCAD Analytics Suite has evolved tremendously over the past few years. We recognize changes in the marketplace and the importance of keeping our flagship technology current for the large base of users by always improving on usability," said Bob Park, President & CEO, FINCAD. "For example, the new interest rate swap function replaces six of the older functions in our library, making it much more efficient and intuitive to use for our customers."

FINCAD Analytics Suite is a leading software solution that values and measures risk of financial securities and derivatives. As the industry standard, FINCAD Analytics Suite provides finance professionals with the ability to verify and validate every aspect of a valuation across multiple asset classes. The software is available as a Microsoft® Excel-based solution for end users and as a software development kit for embedding FINCAD's analytics into financial software.

For more information about FINCAD Analytics Suite 2011.1, visit www.fincad.com/2011.

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 4,000 organizations 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 Contact:

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