26 October 2016
Find out more

Advent Software and Fincad forge collaboration pact

05 February 2014  |  1173 views  |  0 Source: Advent Software

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced the company has joined forces with FINCAD to integrate FINCAD Analytics across multiple products.

FINCAD's industry-standard derivatives pricing analytics will enhance the derivative valuation and risk management capabilities across Advent's product set including Advent's Geneva®.

FINCAD's derivative pricing libraries and advanced fixed income analytics are among the broadest cross-asset class derivatives analytics libraries available globally. Through this integration, Advent clients will have enriched access to data to value a very broad class of often unique investments.

"We chose to embed FINCAD's derivative pricing software into our products because it is the industry standard of derivatives pricing analytics and the solution of choice for leading technology vendors," said Todd Gottula, Executive Vice President and Chief Technology Officer, Advent Software. "Our integration with FINCAD will significantly enhance our entire product suite, providing common and consistent derivative pricing capabilities across the Advent product line while helping meet the needs of Advent's existing clients. Our improved regional capabilities will also lead to new opportunities with prospective clients, particularly in emerging markets like Brazil."

"We are very pleased that Advent has chosen to integrate FINCAD's derivative pricing libraries across its industry leading products," said Amar Budhiraja, Director of Strategic Business Development, FINCAD. "As buy-side firms aggressively pursue complex and diverse global investment strategies, they need robust portfolio management and order management applications capable of supporting their derivative exposures. The integration of FINCAD's pricing libraries will bring Advent clients consistent and industry-standard derivative pricing to support their investment strategies across the entire lifecycle."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit dh.com Visit VocaLink.com

Top topics

Most viewed Most shared
Visa treads on Swift's toes with blockchain pilot for high value paymentsVisa treads on Swift's toes with blockchai...
9081 views comments | 34 tweets | 38 linkedin
Monzo raises £4.8mMonzo raises £4.8m
8835 views comments
CBA and Wells Fargo combine blockchain and IoT to revolutionise trade financeCBA and Wells Fargo combine blockchain and...
8388 views comments | 26 tweets | 28 linkedin
Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018Visa tells Europe to be ready for 3-D Secu...
8114 views comments | 12 tweets | 27 linkedin
Facebook Messenger adds PayPal support for bot paymentsFacebook Messenger adds PayPal support for...
7551 views comments | 27 tweets | 22 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job