VANCOUVER, Canada and BEIJING, July 24, 2012 /PRNewswire/ -- FINCAD, the market leader for innovative OTC pricing and risk management derivatives solutions, announced today that News of China Consultant Co., Ltd. (NWCH), a leading financial technology solutions consultant based in Beijing, has joined the FINCAD Channel Program. NWCH will be providing local sales, support, training and consulting services for FINCAD products in mainland China.
NWCH has been providing specialized consultancy services to state owned enterprises, banks, and asset managers since 2007. The company assists its clients by optimizing their financial management operations by providing consulting and advisory services for investments, strategy, corporate governance, process optimization, and risk management. NWCH will be selling the complete line of FINCAD products in addition to providing support and consulting services to FINCAD clients in the region.
"We're excited to have NWCH as a partner in China," commented Amar Budhiraja, Director of Strategic Business Development at FINCAD. "Their extensive experience serving the asset management and corporate treasury divisions of large state owned enterprises and work with some of the leading Chinese banks will prove invaluable to our existing customers and certainly help the market proactively prepare for evolving regulations including counterparty credit risk measures."
"FINCAD's global reputation for providing market standard derivative pricing and risk management solutions combined with our extensive professional services experience in enterprise applications, derivatives and risk management make this a very exciting partnership for financial services companies in China," said Bill Zhou, Co-Partner, NWCH. "The Chinese financial markets constantly seek better risk management and pricing solutions for their derivative portfolios especially as they prepare to meet Basel III requirements and maximize their investments under a more de regulated framework"
FINCAD provides a cross section of products that can be accessed through Excel, MATLAB®, as a Software-as-a-Service or embedded into an existing system through software development kits. Financial professionals in Beijing, China who want to learn more about FINCAD can visit www.newsofchina.cn.
About News of China Consultant Co., Ltd
News of China Consultant Co., Ltd. (NWCH, 华闻(北京)管理顾问有限公司) is an international business consulting service provider that is committed to continuing the optimization of their client's financing and operational management, providing enterprise business value enhancement service, and establishing long term partnerships. The company adheres to the core values of "objectivity, value-added, innovation and integrity", and provides coherent consulting solutions, from initial program design to full implementation, that are in perfect alignment with their client's needs. www.newsofchina.cn
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