Fincad is the industry standard for financial analytics used by more than 35,000 financial professionals in over 80 countries. Fincad provides software and services supporting the valuation and risk management of cross-asset class derivatives and fixed income securities to banks, hedge funds, asset management firms, corporate treasuries and auditors.
The Finacle treasury solution is a modular, front, middle and back-office solution built on open technology platforms, providing scalability, flexibility and straight-through-processing (STP) capability. Infosys chose to certify its Finacle treasury solution with Fincad Analytics to offer its clients built-in pricing using industry-standard analytics, thereby enhancing the valuation and risk capabilities of its solution.
Sanat Rao, vice president and head of worldwide business development and alliances of Finacle at Infosys, said: “Our use of Fincad’s analytics library in Finacle treasury allows us to enhance our derivatives valuation capability quickly, enabling us to be more responsive to the market. We selected Fincad as it offers industry-standard analytics and because it is an established player in the derivatives analytics market.”
Amar Budhiraja, director of the Fincad Alliance Program, said: “We are very excited to support Finacle’s ambitious growth as it expands its global footprint. Fincad’s comprehensive cross-asset class library continues to provide financial technology vendors the most efficient way of meeting their clients’ derivatives valuation needs through proven and trusted analytics.”
Finacle from Infosys partners with banks to power-up their innovation agenda, enabling them to differentiate their products and service, enhance customer experience and achieve operational efficiency. Finacle solutions address the core banking, e-banking, Islamic banking, treasury, wealth management and CRM requirements of retail, corporate and universal banks worldwide.