Alpha Omega Solutions and Consultancy Services Ltd Becomes FINCAD Channel Partner in Hong Kong

Hong Kong and Vancouver, BC - 24 April 2012

FINCAD, the market leader for innovative OTC derivatives solutions, announced today that Alpha Omega Solutions and Consultancy Services Ltd, a leading provider of tools and solutions in the financial industry, has joined the FINCAD Channel Program as a Channel Partner in Hong Kong. With this new partnership, Alpha Omega will be providing local sales and support services for FINCAD products in Hong Kong.

Alpha Omega is a wholly owned subsidiary of Ascent Partners, a leading independent valuation and advisory firm that serves over 200 publicly listed clients, state-owned enterprises and multi-national corporations in Hong Kong. As a FINCAD channel partner they will provide valuation, pricing, risk assessment, cash flow forecasting and regulatory compliance tools to investment fund companies, banks, professional service firms, governments and other financial organizations. In addition to selling FINCAD software, Alpha Omega will be providing training, consulting and live customer support for their FINCAD clients in Hong Kong.

“Having Alpha Omega as a FINCAD Channel Partner is a great step in servicing our clients in Hong Kong,” comments Amar Budhiraja, Director of the FINCAD Alliance Program. “Their experience in servicing the finance industry and knowledge of the derivatives market will be invaluable in providing a high calibre of service to FINCAD clients.”

“We’re very excited about this partnership. FINCAD is a global brand trusted by over 4000 organizations in the derivatives industry, and we have accumulated many years of IT and financial services experience, with a double-digit percentage annualized growth in our independent valuation and advisory services,” stated Paul Wu, Executive Director, Alpha Omega. “It’s a winning combination – we can provide significant value to financial organizations in Hong Kong, especially during the time when it is important for Hong Kong to continue its position as a world-class financial center, not only to provide the investment vehicles and services demanded greatly for the huge savings and capital of Mainland China, but also to strategically act as the pioneer city of China for its market liberalisation.”

FINCAD provides a cross section of products that 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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