FINCAD Expands Asia Presence with New Partnerships

London, Dublin and Vancouver, BC - 12 April 2012

Addition of new FINCAD channel partners to strengthen service and drive growth in Asia

FINCAD, the market leader for innovative OTC derivatives solutions, announced today that it has signed three new channel partners to facilitate growth and improve accessibility and service in Asia. FINCAD has a strong history in the region with an Asia-wide client base that includes some of the region’s largest banks and asset managers. With three new channel partners on board in Singapore, Hong Kong and Beijing, FINCAD is now well positioned to provide local support to its growing customer base and meet new demand in the region.

“We’ve had a strong presence in Asia through our long-term partnership with TechMatrix Corporation. For over 15 years they have serviced the Japanese market and currently provide a localized version of FINCAD Analytics Suite." stated Bob Park. "With these new channel partnerships, we can now, for the first time, deliver local support to our existing clients in other areas in Asia. It is a market that continues to grow and we look forward to working together with our new partners as the region continues to develop.”

FINCAD’s new channel partners, Alpha Omega in Hong Kong, News of China in Beijing, and Maroon Analytics in Singapore, will provide on the ground sales and technical support for FINCAD Analytics in Hong Kong, Mainland China and Southeast Asia respectively.

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.

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