News & Events

NYU-Poly Joins FINCAD Academic Endowment Program

Vancouver, BC - July 24th, 2013

FINCAD, the leading provider of OTC derivatives pricing and risk management solutions, is pleased to announce that the Polytechnic Institute of the University of New York (NYU-Poly) has joined FINCAD's Academic Endowment Program. FINCAD will be donating 320 complimentary licenses of the FINCAD Analytics Suite for Excel. By relying on FINCAD's proven software suite, students in NYU-Poly's Master of Science in Financial Engineering program will augment their prestigious preparation to join the professional ranks of the financial industry.

Access to Professional Software for NYU-Poly Graduate Students

Faculty members said they are excited about the software donation because it will allow them to incorporate exercises and activities using industry-leading software. "Our master of science program provides a solid preparation for careers in trading, investment, risk management, financial services and more," said Adjunct Professor Victor Makarov, of the Finance and Risk Engineering Department. "Financial professionals use FINCAD daily, and are increasingly expecting new recruits to have FINCAD knowledge as part of their technical skill set. Thanks to FINCAD's generous donation, our students will enjoy early access to the software, enhancing their academic and professional development."

Comprehensive Software for Valuation and Risk Management

The FINCAD software suite provides cross-asset coverage of various derivatives and fixed income instruments in multiple interfaces and platforms. It is trusted as a derivatives valuation solution by over 4,000 clients in more than 80 countries, including banks, hedge funds, asset managers, insurance companies as well as government organizations and universities. FINCAD received the 2013 Risk Management Technology Product of the Year award from Risk magazine, a testament to its robustness in the face of financial turbulence, increasing regulatory compliance and the growing importance of risk analytics.

FINCAD's Commitment to Academic Excellence

The FINCAD Academic Endowment Program was launched in June 2011 with a mission to equip future finance professionals with real world experience and training. Bob Park, President and CEO, FINCAD says that "FINCAD recognizes the importance of investing in the future, and we are delighted to work with NYU-Poly, contributing to the professional development of a new generation of finance professionals."

For more information on the FINCAD Academic Endowment Program and FINCAD scholarships, see www.fincad.com/academic.

About the NYU-Poly Finance and Risk Engineering Program

The Department of Finance and Risk Engineering at NYU-Poly provides a multi-faceted education in financial engineering, spanning Corporate Finance and Financial Markets; Computational Finance; Technology and Algorithmic Finance, and Risk Finance. The MS in Financial Engineering at NYU-Poly gives students solid, specialized skills to bridge the gap between theory and practice in finance and financial engineering. The NYU-Poly Financial Engineering degree was initiated with the support of the Alfred P. Sloan Foundation and was the second program of its kind in the world. It was the first curriculum certified by the International Association of Financial Engineers. The Polytechnic Institute of New York University (formerly the Brooklyn Polytechnic Institute and the Polytechnic University, now widely known as NYU-Poly) is an affiliated institute of New York University, soon to be its School of Engineering. www.poly.edu.

About FINCAD

Founded in 1990, FINCAD provides advanced modeling solutions built on award-winning, patent pending technology. With more than 4,000 clients in over 80 countries around the world, FINCAD is the leading provider of financial risk analytics technology, enabling global market participants to make informed hedging and investment decisions. FINCAD provides software and services supporting the valuation, reporting and risk management of derivatives and fixed income portfolios to banks, corporate treasuries, hedge funds, asset management firms, audit firms, and governments. FINCAD Analytics can be accessed through Excel, MATLAB®, as a Software-as-a-Service or embedded into an existing system through software development kits. Now, over 70 FINCAD Alliance Partners embed FINCAD Analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland, and Vancouver, Canada. www.fincad.com

Media Contact:

Kristina Lee
Magnolia Communications
Email: klee@magnoliamc.com
Direct: +1.778.999.8562