FINCAD muscles its way to the top 5 in the pricing and analytics categories
FINCAD, the market leader for innovative OTC derivatives solutions, announced today that it ranked number one in the Rates category in the Structured Products magazine's awards. FINCAD also ranked in the top five in all of the other Pricing and Analytics categories including cross-asset, foreign exchange, commodities and credit. The company ranked 8th overall, across the rankings for all technology vendors, making the big leap into the top 10 for the first time.
The Structured Products Awards rank the best technology vendors for risk management and derivatives. The poll was divided into several categories and respondents were asked to nominate the firms that provide the best product offerings across different markets, such as market risk, credit risk, pricing and analytics, risk management, and trading systems and analytics, based on the functionality, usability, performance, return on investment and reliability provided by technology vendors.
"Our ranking in the Structured Products award reflects our continued commitment to innovation. We have focused a great deal of our development on meeting the growing demands for flexibility around pricing, and the need to calculate CVA across all instrument types," said Bob Park, President and CEO, FINCAD. "Our F3 technology has been well-received in the market for this reason, so we are extremely happy to see this showcased in the results."