Zanders implements Fincad analytics tech

Source: Fincad

Fincad, the leading provider of OTC derivatives pricing, valuation, and risk analytics, today announced that Zanders has implemented Fincad's F3 analytics solution to support CVA/DVA coverage for its Valuation Desk.

Using F3, Zanders is able to provide a wider range of on-demand risk management services to their clients and bring new services to market. "We use F3 to compute market value, including CVA/DVA, in compliance with IFRS 13 on a large range of financial instruments," mentioned Pierre Wernert, Consultant at Zanders' Valuation Desk, "FINCAD provides a powerful engine which allows us to compute these values in the most efficient manner – ultimately saving us time and resources."

By leveraging F3's comprehensive, accurate, and transparent analytics technology to perform their heavy lifting, Zanders can focus on managing risk on their multi-asset, multi-currency portfolios. They also benefit from valuable time and resource savings by no longer needing to develop models from scratch.

"Organizations on both the buy-side and sell-side are recognizing that accurate and transparent enterprise valuation and risk technology is no longer a nice-to-have, but a must-have," said Bob Park, FINCAD CEO, "Beyond compliance, these firms are identifying that accurate and transparent analytics are generating operational alpha and creating competitive advantage."

Due to F3's flexible architecture, Zanders' implementation is future-proof. The F3 engine delivers rapid and reliable analytics on any instrument they currently hold – or may wish to hold in the future. 

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