FINCAD’s innovative product development gains further recognition
FINCAD, the market leader for innovative OTC derivatives solutions, announced today that it has won the 2012 FTF News Technology Innovation Awards for Best Operational Risk Management Initiative.
The FTF News Technology Innovation Awards are based on a survey aimed at identifying advancements in financial technology and services. FINCAD was awarded the top spot in the risk management category, as the provider that has shown the most creativity in mitigating operational risk.
"Being recognized for our innovative approach to mitigating operational risk by market participants is a great honour that validates the effort and focus of our latest product, Hedge Accounting Insight," said Bob Park, President and CEO, FINCAD. "Our focus with Hedge Accounting Insight is on reducing the complexity around the Hedge Accounting process and helping treasury professionals manage operational risk."