Valuation
Current Instrument support includes:
- FINCAD Auditor Insight™ uses FINCAD’s comprehensive industry standard analytics library, making instrument coverage easily extendable.
- Interest rate derivatives: FRAs, swaps, including vanilla, amortizing, basis, cross currency, swaptions, caps and floors
- Foreign Exchange: forwards, options
- Commodities: forwards, options, forward and option strips
- Value trades as of today or any date in the past back to December 31, 1999.
Coverage can be extended to include more complex instruments. Please contact us for more information.
More than just Analytics
Audit valuation of derivatives requires more than just analytics. To provide a comprehensive solution FINCAD Auditor Insight fulfills key requirements in a number of mission critical categories:
Scalable System Solution
Lower total cost of acquisition and operation because:
- No software distribution is required initially or for maintenance releases
- No separate market data distribution is necessary at any time
- Work quality is controlled by both the system design itself and the fact that all work can be inspected, real-time, by centralized specialists who have appropriate access rights to the system
- Per-engagement and position based pricing. Costs can be allocated to a specific client engagement, minimizing overhead and aligning the cost of valuing derivatives with the appropriate client engagement
Security
- Authentication that limits access to approved users
- Client data accessible only by members of that client’s engagement team
- Encryption of data transmitted over the network
- Role-based access controls
- Detailed security and activity log tracking for all data changes
- Centralized data storage to eliminate client data from laptops or mobile computers
Data Control & Management
Client Data
- End user data access is limited to one client engagement at one time
- Data archiving stores data and provides for removal of data at correct intervals to comply with any retention policies
Market Data
- Daily market data cleaned and scrubbed is provided by FINCAD. Historical data for many data sets available back to Dec. 31, 1999
Usability
- Integrated Help, including analytics specifications and valuation methodology explanations, are included in context sensitive help pages
- End user training time and cost minimized
- Interface tested and assessed by leading independent usability consultants
Support & Training
FINCAD Auditor Insight™ is fully supported by the FINCAD Client Services Team who can help users learn how to use the system and answer general questions about the valuations and market data
Administration and Control
- System administration is a combination of centralized and distributed user administration. Engagement administration can be distributed to the authorized members of the engagement teams
- Role-based access ensures that system access and functionality are enabled only as appropriate for non-expert auditors or for the valuation specialists
Download the FINCAD Auditor Insight Brochure (PDF)