FINCAD Releases New Version of Financial Analytics Software
Vancouver, BC,
CANADA , November 1, 2007 – FINCAD, the industry standard
for financial analytics, today announced the release of Version 11 of the company’s
leading financial analytics software.
According to Mark Chesser, Chief Operating Officer at FINCAD, “The new
software release addresses the market need for new and more accurate means to
independently value and assess the risk of financial securities and derivatives.
Users of v11 will experience new valuation models, better calibration, faster
calculations, and an improved user interface.”
The new version of FINCAD XL and Developer offer greater usability (such as the
Ribbon format in Excel 12 for FINCAD XL), while providing even better pricing
and risk measurement capabilities.
Key features of version 11 are:
- Stochastic Volatility
- Visual Studio Integration (Developer)
- Improved flexibility working with fixed income
- Improved Modeling and Calibration
- Expanded number of standardized pre-built workbooks
All of these combine to make v11 even better at pricing and measuring the
risk of derivatives, whether through our functions, workbooks or utilizing the
library directly from your application.
Jack McKeown, Director of Product Management at FINCAD, believes that “V11
is one the largest releases in FINCAD history. It provides new coverage in every
asset class, and continues our commitment to provide clients and other derivatives
users with expanded and more accurate coverage to keep pace with market innovation.”
FINCAD services the needs of financial analysts, auditors, portfolio and risk
managers, and treasury analysts within banks, corporate treasuries and asset
management firms. Custom application development and independent software vendors
are supported by the FINCAD Software Development Kit (SDK). Users who wish to
upgrade their existing FINCAD products should contact their FINCAD representative
directly or visit www.fincad.com to download
a trial of the new software release.
Media Contact:
Tracey Ho Sui
Direct: +1.604.957.1222
Email: t.hosui@fincad.com
http://www.fincad.com