Advent Software Collaborates To Enhance Derivative Valuation And...

Advent Software Collaborates To Enhance Derivative Valuation And Risk Management Capabilities

By Capital Markets CIO Outlook | Friday, November 30, 2018

SAN FRANCISCO, CA: The software and service provider for the management industry, Advent Software has announced that they have partnered with the financial analytic company FINCAD. The company will incorporate the analytics provided by FINCAD across its products and enhance the derivative valuation and risk management process.  

FINCAD's derivative pricing libraries and advanced fixed income analytics are among the broadest cross-asset class derivatives analytics libraries available globally. Through this integration, Advent clients will have enriched entrée to data to value a very broad class of often unique investments.

"We chose to embed FINCAD's derivative pricing software into our products because it is the industry standard of derivatives pricing analytics and the solution of choice for leading technology vendors. Our integration with FINCAD will significantly enhance our entire product suite, providing common and consistent derivative pricing capabilities across the Advent product line while helping to meet the needs of Advent's existing clients. Our improved regional capabilities will also lead to new opportunities with prospective clients, particularly in emerging markets like Brazil," said Todd Gottula, Executive Vice President and Chief Technology Officer, Advent Software.  

"We are very pleased that Advent has chosen to integrate FINCAD's derivative pricing libraries across its industry leading products. As buy-side firms aggressively pursue complex and diverse global investment strategies, they need robust portfolio management and order management applications capable of supporting their derivative exposures. The integration of FINCAD's pricing libraries will bring Advent clients consistent and industry-standard derivative pricing to support their investment strategies across the entire lifecycle," said Amar Budhiraja, Director of Strategic Business Development, FINCAD.

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