F3 SDK is a software development kit that provides developers with the ability to embed FINCADâs 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, 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. SÃ¸ren 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 growâ
âWe designed this solution with our customersâ needs in mind.â said Bob Park, President and CEO, FINCAD. âRisk 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.â
âThe combination of calculated first order risk for every market data input, a stateful environment, and grid capability enable efficient scenario analysis and stress testing,â said Dr. Mayiz Habbal, Senior Vice President, Head of Capital Markets, Celent. âDerivatives players will need flexible solutions with these types of capabilities to anticipate and comply with changing regulations.â