VANCOUVER, British Columbia and DUNDEE, Scotland, Feb. 27, 2013 /PRNewswire/ -- FINCAD, the leading provider of OTC derivatives pricing and risk solutions, is pleased to announce that the University of Dundee has joined FINCAD's Academic Endowment Program. As part of this program, the comprehensive cross-asset analytics software FINCAD Analytics Suite for Excel will be integrated into the university's commodity trading and strategic optimization course at its Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP).
In accordance with its mission of making complex finance easy, affordable and widely available, FINCAD's Academic Endowment Program was established to provide finance students with software used by practitioners in the financial marketplace with the belief that practical experience is an instrumental part of education. Recently voted number 1 in the UK in Times' Higher Education Student Experience Survey, the University of Dundee partnered with FINCAD to give students the opportunity to gain a firsthand understanding of industry standard software, in particular helping them understand the practical applications and methodologies used in financial trading activities, valuation and pricing techniques, and asset optimization.
Bob Park, President and CEO, FINCAD says that "FINCAD recognizes the importance of investing in the future, and we believe that this is best accomplished by our FINCAD Academic Endowment and Scholarship Programs. I'm very glad that we are able to work together with academic institutions like the University of Dundee, and help contribute to students' educational and professional development."
"We value practical experience at the Centre and work hard to maintain close links with the industry," says Peter Cameron, Director, CEPMLP. "As such we are very pleased to have the opportunity to partner with FINCAD and give students hands on experience that they can take with them as they transition away from academia."
In addition to its Academic Endowment Program, FINCAD also donated scholarships to two female finance students this January as part of its Women in Finance Scholarship Program. This initiative aims to address the under-representation of women in the industry by recognizing the achievements of women and encouraging their professional development in finance. FINCAD would like to congratulate scholarship recipients Caty Liu from Simon Fraser University and Dina Vaysman of Cornell University. For more information on the FINCAD Academic Endowment Program and FINCAD scholarships, see www.fincad.com/academic.
About the University of Dundee and the Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP)
The Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP) at the University of Dundee is the world's leading international academic institution in its specialist fields. CEPMLP operates as a multi-disciplinary unit, offering post-graduate degrees for both lawyers and non-lawyers, and carrying out research, often in collaboration with leading international institutions such as the World Bank and the European Commission.
Professional training seminars and conferences offered by CEPMLP now attract some 1000 professionals from industry, government and academia on an annual basis creating a world-wide platform for interaction and networking opportunities. Exchange and joint-degree programs continue to attract more students and the Centre continues to play a leading role in training and consultancy. The Centre has staff originating from all seven continents, and its outreach system, through books, journals and online resources, absorbs and projects knowledge to and from all countries where natural resources and energy are developed. www.dundee.ac.uk
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