Sabanci University Joins FINCAD Academic Endowment Program

VANCOUVER, British Columbia and DUBLIN, Aug. 2, 2012 /PRNewswire/ -- FINCAD, the market leader for innovative OTC derivatives pricing and risk management solutions, announced today that Sabanci University has joined the FINCAD Academic Endowment Program. The software company's comprehensive cross-asset analytics product, FINCAD Analytics Suite for Excel, will be available to all Masters in Finance Program (MiF) students in Sabanci's Center for Applied Finance Education (CAFE). This center is an applied learning laboratory with financial software and real time data-feed services.

The FINCAD Academic Endowment Program was established to equip future finance professionals with real world experience and training – a mandate that matches Sabanci University's MiF program. Having an applied component to their theoretical education prepares students for careers outside of the classroom. As part of the MiF program, students follow real trading activity, trade with classmates, and participate in world-wide trading competitions. FINCAD Analytics Suite for Excel, a cross-asset derivatives and fixed income valuations solution, enhances the offerings at Sabanci University by giving students the opportunity to practice creating, valuing and managing a wide variety of financial instruments.

"We're very excited to partner with FINCAD and offer valuations software to our students. The Masters in Finance program in our Center for Applied Finance Education greatly assists in preparing students for careers in finance," says Koray Simsek, Associate Professor, Sabanci University. "Adding the ability to use such a widely used industry tool adds an extra level to the program and completes the students' practical learning."

Bob Park, President and CEO, FINCAD says "We're proud to support another university as part of the FINCAD Academic Endowment Program. In today's competitive job market, practical knowledge is invaluable to graduates, and FINCAD is glad to help build the skill-set of young professionals as they enter the workforce."

FINCAD Analytics Suite for Excel provides cross-asset coverage of various derivatives and fixed income vanilla instruments in a convenient Excel-based interface. It is trusted as a derivatives valuation solution by over 4,000 clients in more than 80 countries.

About Sabanci University and Sabanci School of Management
Sabanci University (SU), a not-for-profit private university in Istanbul, Turkey, was established in 1997 and began instruction in 1999. SU currently has 3,339 students (2,713 undergraduates and 626 graduates) and is comprised of three faculties: Faculty of Arts and Social Sciences (FASS), Faculty of Engineering and Natural Sciences (FENS), and School of Management (SOM). Sabanci School of Management's mission is to contribute to the knowledge and practice of management through the quality of its research, programs, and graduates. Backed by a strong research-oriented faculty, the Sabanci School of Management currently offers a Bachelor's degree in Management, a full-time MBA, an Executive MBA, an M.Sc. program in Finance, and a Ph.D. degree in Management. Sabanci SOM is accredited by AACSB and has a strategic partnership with MIT Sloan School of Management.

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.

Media Contact:

Sarah Quon
Direct: + 1.604.831.9599
Email: [email protected]

SOURCE FINCAD