Sapient Global Markets and Fincad form alliance

Source: Sapient Global Markets

Sapient Global Markets, a division of Sapient (NASDAQ: SAPE) and a leading provider of technology, program management, advisory, analytics, and operations services to the capital and commodity markets, and Fincad, the industry standard for financial analytics, have today announced the signing of an alliance agreement.

The agreement gives clients improved access to, and consistent delivery of, FINCAD Analytics and takes advantage of Sapient Global Markets' breadth of expertise and experience implementing solutions to value complex instruments.

The alliance further ensures that institutions benefit from streamlined integration with existing internal systems and can address valuation and risk through consistent, firm-wide processes.

"Efficient and transparent pricing underpins today's evolving regulatory reform. It's a key focus for regulators globally, and front-to-back visibility of positions and risk is seen as critical for restoring market confidence," says Kevin Samborn, vice president, Sapient Global Markets. "We are seeing an increased drive for systems that enable transparency, facilitate audit and tracking of valuation methodologies across asset classes, and easily integrate into existing core business and risk applications. We're committed to addressing this need for clients, and to delivering the best solutions and experience possible. We are pleased to partner with FINCAD to help achieve these goals."

"It's hard to overestimate how vital valuation activities are in today's market," says Amar Budhiraja, Director of the FINCAD Alliance Program. "They affect internal operations, client confidence, and compliance, and the need for transparency and quick access to data is paramount as investors and regulators demand greater visibility into current and historic positions. We're looking forward to working with Sapient Global Markets and being able to offer our clients the advantages that their global delivery model and methodology bring to valuation implementations."

By combining FINCAD Analytics with Sapient Global Markets expertise and proven Global Distributed Delivery model, customers gain access to the technology and support required to ensure best practice integration and project delivery. Sapient Global Markets and FINCAD will work together with clients to ensure consistent integration, leveraging Sapient Global Markets' experience and expertise working with some of the leading systems in today's financial markets environments.

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