University of Connecticut Joins FINCAD Academic Endowment Program

VANCOUVER, British Columbia and DUBLIN, Ireland, Sept. 7, 2011 /PRNewswire/ -- FINCAD, the market leader for innovative derivatives solutions in the financial industry, recently delivered complimentary subscriptions of its most popular, comprehensive product FINCAD Analytics Suite for Excel, to the University of Connecticut, the top ranked public university in New England. The FINCAD Academic Endowment Program was launched in June 2011, and was designed to support the improvement of professional standards in business and financial management by assisting academic institutions that train future professionals.

At the request of University of Connecticut Professor Victor Makarov, FINCAD Analytics Suite for Excel is now available to Master of Science in Financial Risk Management (MSFRM) students enrolled in Financial Risk Management and Modelling courses. The University of Connecticut's MSFRM's rigorous 15 month curriculum is based on theoretical analysis and practical hands-on experience. "Using industry standard software is instrumental in training students for their future professions and even for career advancement," said Jud Saviskas, University of Connecticut School of Business Executive Director. "The FINCAD Academic Endowment Program has given MSFRM students an excellent opportunity to ensure their software knowledge is what it should be in today's marketplace."

FINCAD's mission is to make better decisions possible by making complex finance easy, affordable and widely available, the foundation on which Academic Endowment Program was established.  "We are very excited to have the University of Connecticut join our Academic Endowment Program," said Bob Park, President and CEO of FINCAD. "It's relationships like this that foster growth and professional development. Plans are underway to further expand the FINCAD Academic Endowment Program in the future, giving more students worldwide the valuable opportunity to supplement their studies with hands-on experience."

FINCAD Analytics Suite for Excel is FINCAD's most comprehensive product available, providing 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 the University of Connecticut

Founded in 1881, the University of CT has evolved from a strong regional academic institution into one of the best public universities in the nation.  For its part, the UConn School of Business is consistently ranked high by Business Week (in top 45 "Best B-Schools" and 7th for "return on investment"), U.S. News & World Report, The Wall Street Journal and other publications.  The school is committed to academic excellence, experiential learning and globalization.  "Real World. Real Learning. Real Impact."

About FINCAD

Founded in 1990, FINCAD provides advanced modelling 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 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.

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SOURCE FINCAD