Capabilities in FINCADâs new Analytics Suite 2009 address current market needs with expanded instrument coverage in the areas of credit derivatives, volatility instruments, interest rate derivatives and exotic options. New models include the SABR stochastic volatility model and a cross-currency hybrid IR/FX model with FX volatility skew. As the leader for cross asset class derivative and fixed income analytics, FINCAD delivers the coverage and reliability needed by clients globally.
âIn times where asset valuations are elusive, users should welcome efforts by vendors to develop instrument coverage capability, expand pricing functionality, and increase transparency of valuation functions.â said Dr. Mayiz Habbal, Senior VP of Capital Markets at Celent, an international financial strategy consultancy.
âThis is an exciting day for us,â said Bob Park, FINCADâs CEO. âOur customers need solutions that are fast, reliable, and flexible. At FINCAD we are proud of our reputation for fully transparent industry standard analytics, and these new products are more powerful. The new functions for credit derivatives provide complete risk statistics, including the valuationâs sensitivity to every input. All workbooks are now integrated with links to FINCAD Market Data and BloombergÂ®. Todayâs market conditions reflect an unprecedented need to measure derivative exposures and FINCAD is releasing products that accomplish this.â