FINCAD has launched two products – the Analytics Suite 2009 for Excel and the Analytics Suite 2009 for Developers. These products replace the company’s FINCAD XL and FINCAD Developer products, and include a new technology platform that the company says accelerates the ability to add new instrument coverage. The new solutions have been designed to address current market needs with expanded instrument coverage in the areas of credit derivatives, volatility instruments, interest rate derivatives and exotic options. New models include the SABR stochastic volatility model and a cross-currency hybrid IR/FX model with FX volatility skew.
Bob Park, FINCAD’s CEO, commented: “The new functions for credit derivatives provide complete risk statistics, including the valuation’s sensitivity to every input. All workbooks are now integrated with links to FINCAD Market Data and Bloomberg.”
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.