FINCAD Launches Ground-Breaking Financial Analytics and Risk Solution - F3 SDK

By Fincad, PRNE
Wednesday, March 3, 2010

VANCOUVER, British Columbia, March 4, 2010 - FINCAD, the industry standard for financial analytics, announces the
launch of its next generation derivatives analytics solution
(www.fincad.com/derivatives-solutions/default.aspx ) for software
developers, F3 SDK.

F3 SDK is a software development kit that provides developers with the
ability to embed FINCAD's most flexible analytics solution into new and
existing systems. Suitable for software developers working in banks, hedge
funds or application providers that need to respond to rapidly changing
market and regulatory requirements
(www.fincad.com/derivatives-resources/regulations/default.aspx ), F3
SDK is a highly flexible analytics solution that provides access to objects
at a granular level, which allows customization of everything from date
conventions to payoff schedules.

Built on a stateful, object-oriented architecture, F3 SDK can price
virtually any deal including complex trades and structured products. A simple
API makes integration with existing systems a relatively simple task, and its
ability to map to existing trade representation languages means smoother
integration and faster time-to-market. An important advantage of this design
is that products can be described and managed without programming.

SimCorp, a leading global provider of advanced front-to-back systems for
investment management institutions, is the first company to employ the F3 SDK
technology. Soren G.A. Pedersen, Vice President for Partner Development at
SimCorp said, "FINCAD allows us to respond to customer demands for timely,
accurate pricing for more complex derivatives in SimCorp Dimension. F3 SDK
can scale with our business, so we can support our clients as their needs
change and grow."

"We designed this solution with our customers' needs in mind," said Bob
Park
, President and CEO, FINCAD. "Risk Managers value the fine-grained risk;
Network Architects appreciate the ease of integration; and Department Heads
will gain efficiency because financial engineers can prototype deals using F3
SDK and hand them to developers who will be able to integrate the code
without requiring Finance knowledge."

"The combination of calculated first order risk for every market data
input, a stateful environment, and grid capability enable efficient scenario
analysis and stress testing," said Dr. Mayiz Habbal, Senior Vice President,
Head of Capital Markets, Celent. "Derivatives players will need flexible
solutions with these types of capabilities to anticipate and comply with
changing regulations."

For more information about F3 SDK visit: www.fincad.com/f3-sdk

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 35,000 financial professionals 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. For additional information, visit
www.fincad.com.

    Media Contact:
    Sarah Quon
    Direct: +1-604-831-9599
    Email: pr@fincad.com

Sarah Quon of FINCAD, +1-604-831-9599, pr at fincad.com

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