FINCAD Launches Ground-Breaking Financial Analytics and Risk Solution - F3 SDK

VANCOUVER, British Columbia, March 4 /PRNewswire/ -- FINCAD, the industry standard for financial analytics, announces the launch of its next generation derivatives analytics solution for software developers, F3 SDK.

F3 SDK is a software development kit that provides developers with the ability to embed FINCAD's most flexible analytics solution into new and existing systems. Suitable for software developers working in banks, hedge funds or application providers that need to respond to rapidly changing market and regulatory requirements, F3 SDK is a highly flexible analytics solution that provides access to objects at a granular level, which allows customization of everything from date conventions to payoff schedules.

Built on a stateful, object-oriented architecture, F3 SDK can price virtually any deal including complex trades and structured products. A simple API makes integration with existing systems a relatively simple task, and its ability to map to existing trade representation languages means smoother integration and faster time-to-market.  An important advantage of this design is that products can be described and managed without programming.

SimCorp, a leading global provider of advanced front-to-back systems for investment management institutions, is the first company to employ the F3 SDK technology. Soren G.A. Pedersen, Vice President for Partner Development at SimCorp said, "FINCAD allows us to respond to customer demands for timely, accurate pricing for more complex derivatives in SimCorp Dimension. F3 SDK can scale with our business, so we can support our clients as their needs change and grow."

"We designed this solution with our customers' needs in mind," said Bob Park, President and CEO, FINCAD. "Risk Managers value the fine-grained risk; Network Architects appreciate the ease of integration; and Department Heads will gain efficiency because financial engineers can prototype deals using F3 SDK and hand them to developers who will be able to integrate the code without requiring Finance knowledge."

"The combination of calculated first order risk for every market data input, a stateful environment, and grid capability enable efficient scenario analysis and stress testing," said Dr. Mayiz Habbal, Senior Vice President, Head of Capital Markets, Celent.  "Derivatives players will need flexible solutions with these types of capabilities to anticipate and comply with changing regulations."

For more information about F3 SDK visit: www.fincad.com/f3-sdk

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, corporate treasuries, asset management firms, auditors, and governments. 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. FINCAD provides sales and client services from Dublin, Ireland and Vancouver, Canada. For additional information, visit www.fincad.com.

SOURCE FINCAD