VANCOUVER, British Columbia, Nov. 12 /PRNewswire/ -- FINCAD, the leading global provider of financial analytics, today announced that it has ranked thirtieth in the RiskTech100(TM) 2009 report, published by Chartis Research. FINCAD increased its ranking by 21 places since last year's report, making it the only pricing and analytics toolkit provider to increase in the rankings from the prior year.

Chartis is the leading provider of research and analysis for risk technology. The RiskTech100 ranks the top technology firms serving in the risk management market and evaluates vendors based on functionality, core technology, organizational strength, customer satisfaction, market presence, and innovation. FINCAD made a significant leap in the rankings due to its continuous R&D investment, responsiveness to market needs through expanded product lines, and excellent quality of service.

In today's market, managing risk has become a primary focus and FINCAD has continued to provide solutions for better pricing and analytics for risk professionals. FINCAD's latest product, F3 SDK, provides comprehensive risk reports for complex or structured products.

"FINCAD's significant upward movement on the Chartis RiskTech 100 further reflects our commitment to client-centric product development and our focus on providing solutions that are responsive to rapid market changes and address the critical risk management needs of financial professionals," said Bob Park, president and CEO, FINCAD. "With the recent release of our F3 SDK product, we've given risk professionals the needed solutions for measuring the risk associated with more complex trades."

About FINCAD

Founded in 1990, FINCAD provides software and services supporting the valuation and risk management of cross-asset class derivatives and fixed income securities to banks, hedge funds, asset management firms, corporate treasuries, and auditors. FINCAD is the industry standard for financial analytics used by more than 35,000 financial professionals in over 80 countries. Over 70 FINCAD Alliance Partners embed FINCAD analytics within their solutions. www.fincad.com

    Media contact:
    Armita Seyedalikhani
    FINCAD
    604-957-1222
    a.seyedalikhani@fincad.com

SOURCE FINCAD

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