2014

DerivActiv Joins FINCAD Alliance Program

VANCOUVER, British Columbia and MINNEAPOLIS, March 19, 2013 /PRNewswire/ -- FINCAD, the leading provider of OTC derivatives pricing and risk solutions, is pleased to announce that DerivActiv, a dedicated derivatives valuation, monitoring and reporting firm, has joined the FINCAD Alliance Program as a FINCAD Service Partner. This partnership will allow FINCAD's clients in Latin America to leverage DerivActiv's local expertise in providing valuation, hedge accounting, and consulting services around their use of FINCAD software.

DerivActiv's relationship with FINCAD is multi-fold -- the services firm will use FINCAD Analytics internally for model validation as well as coding decisions. Additionally, in the Latin American market, DerivActiv will use FINCAD solutions to help finance professionals manage their derivatives risk and enable their clients to make better and more informed decisions.

According to Lewis Gade, Senior Vice President of Sales, DerivActiv, "When looking for a partner one cannot compromise on quality or character. We chose FINCAD as a partner because of the functionality of its products (including extensive pricing libraries), as well as its professional support staff.  Combining the talents of our quantitative analysts, existing pricing systems, and FINCAD software, we are able to offer fully customizable solutions to our clients."

"As an emerging market, the Latin American market for derivatives is rapidly expanding and becoming increasingly complex, bringing with it the need for more sophisticated risk solutions. We are very pleased to have DerivActiv join the FINCAD Alliance Program," says Amar Budhiraja, Director, FINCAD Alliance Program. "DerivActiv's specialization in, and knowledge of the Latin American markets will greatly assist us in serving clients in this region."

About DerivActiv
DerivActiv delivers accurate valuation, reporting, and monitoring services for financial products with a focus on providing transparency for financial reporting and performance optimization. The DerivActiv team is committed to providing its clients with the best valuation and financial reporting services in the marketplace. DerivActiv provides ASC 815, ASC 820, GASB 53, IFRS 7, IAS 39, CICA 3865 and AASB 139 valuation, accounting and hedge accounting services to clients around the world. Its clients include accounting firms, law firms, private and public corporations, educational institutions, healthcare organizations, financial institutions, governmental entities, commercial real estate trusts, and hedge funds.

DerivActiv has invested in technology and systems with foresight to client needs. The system that DerivActiv has developed is a completely customized, full-scale pricing and trading platform capable of pricing most financial products in the marketplace and internet accessible to all subscribers.

Media Contact
Cynthia Heneage
Direct: (952) 746-6045
Email: cheneage@derivactiv.com

About FINCAD
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

Media Contact:
Kristina Lee
Direct: +1.778.999.8562
Email: pr@fincad.com

SOURCE FINCAD



RELATED LINKS
http://www.fincad.com

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