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

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

"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."


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