Press Room

FINCAD Releases FINCAD XL Version 11.1 and FINCAD Developer 11.1

Vancouver, BC, CANADA , Feb 29, 2008 – FINCAD, the industry standard for financial analytics, today announced the release of Version 11.1 of the company’s leading financial analytics software.

Building on the successful Version 11 release which included TARNs, CMS range accruals, snowblades, Mexican bonds, and stochastic volatility, FINCAD XL and FINCAD Developer Version 11.1 enhancements enrich the user’s overall experience. In addition to significantly faster calculations, enhancements were made to Brazilian government bonds and Brazilian inflation bonds. In the FINCAD XL product, new and improved workbooks for credit, fixed income and interest rates were included.

According to Mark Chesser, Chief Operating Officer of FINCAD, “V11.1 is evidence of FINCAD’s commitment to continuously enhance product usability and accuracy…providing the highest quality financial analytic software available.”

Users who wish to upgrade their existing FINCAD products should contact their FINCAD representative directly or download a trial of the new release.

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).

About FINCAD

FINCAD provides software and services that support the valuation and risk management of financial securities and derivatives that is essential for banks, hedge funds, corporate treasuries and asset management firms. FINCAD’s industry standard financial analytics are a key component in FINCAD solutions that are used more than 25,000 professionals in over 70 countries.

Media Contact:

Tracey Ho Sui

Direct: +1.604.957.1222

Email: t.hosui@fincad.com

http://www.fincad.com


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