Fincad launches pioneering python toolkit for valuation and risk analytics. An industry standard since 1990, our advanced analytics, flexible architecture and patented technology enable better investment and risk management decisions. Fincad names recipient of 2018 women in finance scholarship. Fincad wins best operational risk management initiative in. Fincad is the leading provider of enterprise portfolio and risk analytics for multiasset derivatives and fixed income. Jul, 2017 fincad, the leading provider of sophisticated analytics for multiasset derivatives and fixed income portfolios, today announced major enhancements to fincad f3, transforming it into a comprehensive portfolio and risk management solution for buy side firms. Perfectminds allinone parks and recreation management software simplifies your daytoday by managing all aspects of your operations, financing and marketing from one centralized platform. Cofounder, fincad 19902003, vp, cibc wood gundy 19871990. Modeling software offers dualcurve stripping capabilities.
It offers the builtin functionality and easeofuse of offtheshelf software, combined with unlimited flexibility to customize to a firms specific trading strategy, workflow and. Apr 11, 2019 fincad secures financing to support f3 enterprise softwares rapid growth. Fincad, the leading provider of otc derivatives pricing and risk management solutions, is pleased to announce that the polytechnic institute of the university of new york has joined fincads. However, many are challenged by inflexible systems that make entry into new asset classes difficult to impossible. Firms no longer need to choose between an offtheshelf system with black box analytics or a customized solution that takes forever. Jul 24, 20 fincad, the leading provider of otc derivatives pricing and risk management solutions, is pleased to announce that the polytechnic institute of the university of new york has joined fincad s. Firms no longer need to choose between an offtheshelf system with black box analytics or a customized solution that. Fincad advances buy side portfolio and risk solution. Fincad upgrades hybrid modeling, curve building tool. Fincads experts provided correct and feasible solutions for our needs, both in technical and functional terms, across asset classes. This transformation was achieved by combining powerful portfolio and risk management capabilities and an intuitive web. Fincad upgrades f3 risk platform with workstation finance.
Recdesk is the leader in easy to use recreation management software. Fincad will be donating 320 complimentary licenses of the fincad analytics suite for excel. With extensive cross asset coverage of derivatives and fixed income vanilla instruments, you can quickly and easily generate accurate valuations for your management and customers. Fincad launches python toolkit for valuation and risk. It departments can gain efficiency and simplify disaster. In 1990, robert park, a manager of wood gundy, and david glassco, an options trader, worked together on a software called the perfect hedge under the company glassco park inc.
Fincad responds to customer needs for greater risk. Says fincad cofounder, president and ceo, bob park, not enough women around the globe are pursuing an education in quantitative finance or software. So, we set out to create a futureproof platform that could enable asset managers, hedge funds, insurance companies. On international womens day 2018, bob park, fincad ceo, reflects on how far weve come and how far we still need to go in terms of encouraging women to enter careers in finance. Vancouver, bc, july 24, 20 eteligis via accesswire fincad, the leading provider of otc derivatives pricing and risk management solutions, is pleased to announce that the polytechnic institute of the university of new york nyupoly has joined fincads academic endowment program. Fincad scotiabank digital banking lab ivey business school. Park said fincad was fortunate in that it moved to the area before it was known as innovation boulevard and retooled its software platforms just before the 2008 financial crisis. With fincad analytics suite you have access to the industrys most comprehensive financial analytics library available.
Antwerp area, belgium support and collaborate international software team 30% of the time write functional and detailed. Prior to cofounding fincad he worked in the canadian investment industry in the private client areas of two national firms, richardson greenshields and cibc wood gundy, latterly as a vice president. Concurrent user licensing addresses our clients needs to optimize their software budgets and streamline operations, said bob park, president and ceo, fincad. The reports not only identify where the greatest exposure exists in a portfolio, but also provide finance professionals with the notional amount. Weve designed f3 excel edition to report detailed risk information at a time where better risk management is vital to the finance industry, said bob park, president and ceo of fincad. Surrey, bc, april 11, 2019fincad, a leading provider of enterprise solutions for derivative. Additionally, version independent licensing allows users to seamlessly operate different versions of fincad software. Yulian iliev senior software developer fincad linkedin. Fincads award winning f3 enterprise analytics platform is an advanced solution providing industrial strength support for modeling, pricing, valuation, and risk management of portfolios in all asset classes. Fincad recently held two workshops to tackle this matter. Founded by bob park in 1990, fincad is backed by investors that include vistara capital partners and wellington financial and is heaquartered in surrey. Apr 11, 2019 fincad secures financing to support f3 enterprise softwares rapid growth april 11, 2019 07.
He has over 15 years of experience in the software industry including product management roles at crystal decisions and business objects. We realized the available solutions on the market could not offer the flexibility needed to cope with todays wide range of new regulations, risk management challenges and market changes like the impending phaseout of the libor benchmark rate, said fincad president and ceo bob park in a statement. Says fincad cofounder, president and ceo, bob park, not enough women around the globe are pursuing an education in quantitative finance or software engineering, particularly at the post graduate level. A comprehensive python toolkit has been added to fincad f3, enabling. Fincad, a provider of portfolio and risk analytics for multiasset derivatives and fixed income, announcedadvances to fincad f3, further enabling buy side firms to make superior investment and risk decisions buy side investment managers face tough challenges to improve returns and reduce costs. Fincad analytics suite enhancements improve operational. Fincad secures financing to support f3 enterprise softwares.
Up until now, investment firms two main options have been to either build their systems inhouse from the groundup, or buy a standard offtheshelf product. These funds allow us to accelerate the execution of our strategic plan to grow our enterprise solutions business, while continuing to support the analytic needs and the success of our hundreds of existing clients, bob remarked. Apr 11, 2019 led by president and ceo bob park, fincad provides an f3 enterprise analytics platform providing industrial strength support for modeling, pricing, valuation, and risk management of portfolios in. Tibx today announced fincad, the industry standard for financial analytics, will leverage tibco gridserver to significantly speed the time in which f3 excel edition and f3 sdk users run scenario analysis and comprehensive risk reports. Fincad unveils powerful portfolio and risk management solution. Over the last year, we have witnessed a surge of interest in our solutions for large implementations on the part of banks, insurance companies and asset. Our cloudbased platform radically simplifies the way recreation organizations work with and manage the information that is important to them. Led by president and ceo bob park, fincad provides an f3 enterprise analytics platform providing industrial strength support for modeling, pricing, valuation, and risk management of. Fincad provides innovative and trusted financial analytics software to more than 1,000 organizations worldwide. This educational series hosted by fincad aims to help demystify hedge accounting. University of dundee joins fincad academic endowment program.
In 1990, robert park, a manager of wood gundy, and david glassco, an options trader, worked together on a software called the perfect. Leading buy side firms know the importance of using multiasset strategies to generate better returns in a difficult climate, said bob park, fincad ceo. Now is a very exciting time to be working at fincad. Fincad launches python toolkit for valuation and risk analytics. Fincad secures financing to support f3 enterprise softwares rapid growth. Fincad launches pioneering python toolkit for valuation and. The program was developed by glassco, and with the connection from park the idea evolved into a training program which was first demonstrated inside the wood gundy office. Vistara provides growth financing to fintech leader fincad. The story of bob park is so much more than the products and solutions he and his company have created. Fincad, a vancouverbased derivatives valuation and risk management software provider, has launched the latest version of its hybrid modeling and advanced curve building tool, f3. Working closely with both our buy and sell side clients, we have built fincad f3 into a powerful portfolio and risk analytics solution for making better investment decisions said bob park, fincad president and ceo. Fincad competitors, revenue and employees owler company. Fincad currently uses their technology in three distinct areas of focus within capital markets.
Multiasset derivatives analytics the hedge fund journal. Fincad unveils buyside focused portfolio and risk tools. Industries analytics, information technology, internet, risk management, software founded date 1990 founders bob park operating status active last funding type venture series unknown number of employees 101250 also known as fincad europe legal name financialcad corporation. Fincad provides risk analytics and risk management software for valuations and pricing of derivatives including swaps, options, and futures. Were very pleased to be working with kpmg on this educational series, says bob park, president and ceo, fincad. Apr 06, 2010 additionally, version independent licensing allows users to seamlessly operate different versions of fincad software. Fincad opens offices in london and new york to support. Software engineer tokheim may 2014 june 2016 2 years 2 months. Bob cofounded fincad in 1990 and is responsible for the overall management of the company. Bob park, founder and ceo fincad bob park founded fincad twentyfive years ago to solve pressing challenges in the modern overthecounter financial derivatives business. To achieve these objectives, firms are using new asset classes, derivatives and emerging markets. Fincad launches pioneering python toolkit for valuation and risk. We recently announced several groundbreaking enhancements to fincad f3, which have transformed it into a comprehensive portfolio and risk management solution for buy side firms. Apr 11, 2019 we realized the available solutions on the market could not offer the flexibility needed to cope with todays wide range of new regulations, risk management challenges and market changes like the impending phaseout of the libor benchmark rate, said fincad president and ceo, bob park.
Were pleased to know that our software has assisted in. Fincad unveils powerful portfolio and risk management. Fincad was awarded the top spot in the risk management category, as the provider that has shown the most creativity in mitigating operational risk. The impetus for opening the new officesand making these appointmentsis to meet the growing demand for our enterprise solutions, said bob park, president and ceo of fincad. Features are created specifically for facility management, auto billing, enrollment, attendance and reporting. Putting clients first and delivering results are the cornerstones of fincad, said bob park, president and ceo of fincad. Fincad is an industry leader that provides value to buy and sellside firms including hedge funds, asset managers, insurers, banks, and auditors. Bob park, president and ceo, fincad says that fincad recognizes the importance of investing in the future, and we believe that this is best accomplished by our fincad academic endowment and scholarship programs. Fincad secures financing to support f3 enterprise software s rapid growth. Being recognized for our innovative approach to mitigating operational risk by market participants is a great honour that validates the effort and focus of our latest product, hedge accounting insight, said bob park, president and ceo, fincad. President and ceo 2003present, member of governing council, canadian advanced technology alliance.
Numerix operates in the application software industry. Jul, 2017 fincad, the leading provider of sophisticated analytics for multiasset derivatives and fixed income portfolios, today announced major enhancements to fincad f3, transforming it into a. Fincads new hedge accounting educational series helps. Fincad secures financing to support f3 enterprise software. May 21, 2014 the impetus for opening the new officesand making these appointmentsis to meet the growing demand for our enterprise solutions, said bob park, president and ceo of fincad. We realized the available solutions on the market could not offer the flexibility needed to cope with todays wide range of new regulations, risk management challenges and market changes like the impending phaseout of the libor benchmark rate, said fincad president and ceo bob. Aug 08, 2016 cofounded in 1990 by surrey resident bob park, fincad has become one of the worlds leading financial analytics software companies. Fincad, the leading provider of sophisticated analytics for multiasset derivatives and fixed income portfolios, today announced major enhancements to fincad f3, transforming it into a. Bob park, president and ceo, fincad i am pleased to say that over the past two years, our f3 bookings have doubled. Cofounded in 1990 by surrey resident bob park, fincad has become one of the worlds leading financial analytics software companies. Commenting on the new release, bob park, fincad cofounder and ceo, said. Modelling and analytics fincads software allows users to be able to quickly model various financial instruments with flexibility which allows clients to take advantage of new investment opportunities. Fincad launches pioneering python toolkit for valuation.