Fincad Upgrades F3 with Advanced CVA Functionality

Author: James Rundle

Source: Sell-Side Technology | 04 Apr 2013

Over-the-counter (OTC) derivatives pricing and risk management vendor Fincad has announced the upgrade of its F3 platform, featuring real-time portfolio analysis and advanced credit valuation adjustment (CVA) capabilities.

F3 4.0 will allow for CVA computation on a near real-time basis, in line with regulatory demands. The vendor has also upgraded the software’s market-data connectivity layer, and its calibrations for analyzing and valuing swaptions and futures.

“Feedback from our users has been very positive,” says Bob Park, president and CEO at Fincad. “We’re able to account for even their most complex trades and enable visibility at the enterprise level. F3’s generic architecture and separation of financial engineering from software engineering means we can always continue to expand F3’s capabilities and keep abreast of changing market conditions.”