FINCAD Expands Instrument and Workbook Coverage with the Launch of FINCAD Analytics Suite 2010.2

Vancouver, BC - 6 July 2010

FINCAD, the industry standard for financial analytics, announces expanded instrument and workbook coverage with the launch of FINCAD Analytics Suite 2010.2.

Due to popular demand, new features have been added to FINCAD Analytics Suite 2010.2 including greater coverage for equity-linked notes with support for Reverse Convertible Notes and Auto-Callable Notes. Additionally, the analytics coverage has been expanded to include credit value adjustments (CVA) for FX Forwards so users can measure their counterparty risk to comply with fair value accounting standards. To make it easier for clients to get started, new workbooks for Reverse Convertible Notes and Auto-Callable Notes have been created and CVA enhancements have been made to existing interest rate swap workbooks.

“FINCAD is committed to responding quickly to the changing needs of the marketplace,” says Bob Park, President and CEO of FINCAD. “Ever since the high profile defaults of 2008, the need to measure counterparty credit risk through CVA has become more prevalent when reporting the fair value of any derivative position. FINCAD will continue to remain focused on rapidly responding to customer demand with the latest in financial analytics solutions into the future.”

FINCAD Analytics Suite is a leading software solution that values and measures risk of financial securities and derivatives. As the most trusted solution in the industry, FINCAD Analytics Suite provides traders, fund administrators, regulators and valuation specialists the ability to verify and validate every aspect of a valuation across asset classes. The software is available as a Microsoft® Excel-based solution for end users and as a software development kit for embedding FINCAD's analytics into existing financial software.

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