Enhanced valuation and risk solution enables more sophisticated
investment strategies
VANCOUVER, British Columbia--(BUSINESS WIRE)--
FINCAD, the leading provider of sophisticated valuation and risk
analytics for multi-asset derivatives portfolios, today announced that
it has added powerful enhancements to F3,
its advanced valuation and risk solution. Central to these
enhancements are a straightforward interface and improved usability,
enabling quants, portfolio managers, traders, and risk managers to
quickly leverage F3’s capabilities to help generate superior investment
returns in an extremely challenging climate.
Low yields and negative interest rates are making it difficult for
portfolio managers and traders to achieve their desired level of
returns, and as a result, are seeking to improve returns with new
strategies, additional asset classes and derivatives. Unfortunately, at
many firms, legacy systems are straining to adapt to these changes
precisely when they are needed to handle the new asset classes,
currencies, and instrument types.
To help firms put their new investment strategies into action—and do so
in way that is easy for quants and non-quants alike, FINCAD F3 has been
significantly enhanced with the addition of F3 WorkStation, a powerful
portfolio analytics and risk application that enables better investment
decisions and risk management. Leveraging F3’s leading valuation and
risk analytics and its scalable architecture, F3 WorkStation is an
intuitive web application allowing portfolio managers, traders and risk
managers to quickly and accurately, price, value and manage their trades
and portfolios. F3’s valuation and risk functionality benefits
investment firms in the following important ways:
-
Generate better returns: With unmatched speed, F3 generates
more accurate pricing, valuation and risk calculations, enabling
improved trading and hedging decisions. Better decisions lead to
superior returns.
-
Gain more flexibility and control: An advanced modeling
framework allows users to quickly build models and curves that reflect
their market view, and enables entry into new asset classes and
instruments to support complex trading strategies.
-
Monitor portfolio performance: Front and middle office users
can monitor and manage their portfolios with intuitive dashboards and
comprehensive reports, including: what-if/scenario analysis, cash
flows, sensitivities, mark-to-market, P&L, P&L attribution, rate reset
and trade audit.
-
Improve operational efficiency: Portfolio managers, traders and
risk managers are aligned with a consistent set of valuation and risk
reports, which can be run anytime, on-demand, eliminating the need for
costly front and middle-office reconciliation.
An active fund manager with over $18B AUM said, “F3 adds great value to
our business, particularly with our interest rates and FX portfolios. We
now have precise control over our valuations and hedging, and have
streamlined our regulatory compliance. We really appreciate FINCAD’s
commitment to continuously improving F3 and their responsive support.”
James Church, VP of Product Management and R&D at FINCAD weighed in on
the recent F3 enhancements, “In this market environment where it is very
difficult to generate alpha, F3 is an important, and cost-effective
solution that can help investment managers realize their investment
goals. The enhancements we have made to this already powerful solution
give investment firms access to the highest level of valuation and risk
analytics functionality that was once only available to tier-1 banks.”
Firms working with FINCAD not only benefit from cutting-edge technology,
but also gain a trusted partner dedicated to their success. From
implementation to on-going support, FINCAD’s client services team of
experienced quantitative analysts and derivative specialists provide
outstanding client support, develop custom solutions for clients, and
often act as an extension of a clients’ own quantitative team.
Bob Park, FINCAD co-founder and CEO, commented on what sets F3 apart,
“Up until now, investment firms’ two main options have been to either
build their systems in-house from the ground-up, or buy a standard
off-the-shelf product. Building in-house is unrealistic for all but the
largest institutions, and most firms do not have the time, resources or
expertise to invest in the development and ongoing maintenance of an
in-house solution. The other option is an off-the-shelf system that has
clear limits on functionality, and is difficult to customize.”
Bob continued, “F3 is a compelling alternative to the build versus buy
dilemma, and provides the best of both worlds – the built-in
functionality and ease of use of off-the-shelf software, and the
flexibility to customize it to your exact needs. Plus, F3 customization
can typically be accomplished in a matter of weeks, not years. This
gives investment firms the freedom to develop strategies that can
improve their returns, without the limits imposed by legacy technology.”
About FINCAD
FINCAD
is the leading provider of sophisticated valuation and risk analytics
for multi-asset derivative portfolios. FINCAD’s fast, accurate,
flexible, transparent, and holistic solutions help over 1,000 global
financial institutions enhance investment returns, manage risk, reduce
costs, comply with regulations, and provide confidence to investors and
shareholders. Clients include leading asset managers, hedge funds,
insurance companies, pensions, banks and auditors. For more information,
visit www.fincad.com.
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