LatentZero adds Fincad analytics to Capstone platform

Source: LatentZero

LatentZero, a leading provider of front office software for the buy-side, has integrated FINCAD (Financial CAD Corporation) Analytics into its Capstone Derivatives product.

Capstone Derivatives provides portfolio managers and traders with the ability to model, price and trade derivatives alongside equities and fixed income instruments via a single interface.

FINCAD Analytics are used by more than 25,000 professionals in asset management firms, banks and corporate treasuries in 72 countries to help them accurately value financial securities and derivatives.

Peter John, at LatentZero explains, "Capstone Derivatives was launched as a response to customer demand and is the first and only front office OTC solution to be specifically developed for the buy-side. We decided to pre-integrate FINCAD Analytics into Capstone Derivatives at the start of the development process eighteen months ago and our clients are now starting to reap the benefits of this. Asset managers who want to increase their use of derivatives to maximize portfolio returns and add finer-grained control to their risk management will no longer have to use a range of disparate tools to manage workflows. Capstone Derivatives has the ability to model trades before placing an order, helping maximize returns and reduce financial and operational risk."

Mirko Vanous, Product Manager of FINCAD Analytics explains, "FINCAD's core focus is on the development of industry standard analytics used by banks, hedge funds and leading systems vendors worldwide. FINCAD collaborated with LatentZero by offering wide asset class coverage with pricing and risk assessment analytics that are essential to the OTC derivatives trading tools within Capstone Derivatives. We look forward to strengthening our relationship with LatentZero as they continue to build innovative front office systems for asset managers."

The inclusion of FINCAD adds additional functionality to complement LatentZero's existing offering and will enable buy-side traders to take advantage of full lifecycle trading, an integrated valuation engine and powerful risk and performance analysis.

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