|By PR Newswire||
|December 7, 2012 01:00 AM EST||
VANCOUVER, British Columbia and DUBLIN, Dec. 7, 2012 /PRNewswire/ -- FINCAD, the leading provider of OTC derivatives and risk solutions, is pleased to announce that it has been voted the most innovative specialist vendor in Risk.net's 2012 Annual Technology Rankings for its F3 product. This is the second award for innovation that F3 has won since it was launched.
The Risk Technology Rankings are measured from a poll of hundreds of finance professionals from banks, hedge and pension funds, insurance companies and corporate treasuries around the world. Votes are based on the functionality, usability, performance, return on investment and reliability of various software products and vendors. F3's patent-pending Universal Risk TechnologyTM combined with its generic architecture enables the pricing of virtually any financial instrument, allowing clients to easily adapt to market changes. With the current emphasis on regulatory compliance, this was a key consideration in the Risk Technology Ranking's survey.
"In an uncertain regulatory environment like today, constant innovation and forward-thinking are imperative in maintaining competitiveness. F3's inherent flexibility and future-proofing capability help our clients comply with and prepare for changing regulations," says Bob Park, President and CEO, FINCAD. "Speaking on behalf of everyone at FINCAD, we are very excited to be recognized by industry professionals. I know the hard work that has gone into making F3 an award-winning product, and I'm very pleased to see that we've achieved our goal of being an innovator in the analytics space."
Full results of the survey appeared in the December issue of Risk.
Founded in 1990, FINCAD provides advanced modeling solutions built on award-winning, patent pending technology. With more than 4,000 clients in over 80 countries around the world, FINCAD is the leading provider of financial risk analytics technology, enabling global market participants to make informed hedging and investment decisions. FINCAD provides software and services supporting the valuation, reporting and risk management of derivatives and fixed income portfolios to banks, corporate treasuries, hedge funds, asset management firms, audit firms, and governments. FINCAD Analytics can be accessed through Excel, MATLAB®, as a Software-as-a-Service or embedded into an existing system through software development kits. Now, over 70 FINCAD Alliance Partners embed FINCAD Analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland, and Vancouver, Canada. www.fincad.com