Complete Story
11/12/2009
FINCAD Makes Significant Leap in the Chartis RiskTech 100 Rankings for Top Technology Firms in Risk Management
Vancouver, BC - November 12, 2009 - FINCAD, the leading global provider of financial analytics, today announced that it has ranked thirtieth in the RiskTech100TM 2009 report, published by Chartis Research. FINCAD increased its ranking by 21 places since last year's report, making it the only pricing and analytics toolkit provider to increase in the rankings from the prior year.
Chartis is the leading provider of research and analysis for risk technology. The RiskTech100 ranks the top technology firms serving in the risk management market and evaluates vendors based on functionality, core technology, organizational strength, customer satisfaction, market presence, and innovation. FINCAD made a significant leap in the rankings due to its continuous R&D investment, responsiveness to market needs through expanded product lines, and excellent quality of service.
In today's market, managing risk has become a primary focus and FINCAD has continued to provide solutions for better pricing and analytics for risk professionals. FINCAD's latest product, F3 SDK, provides comprehensive risk reports for complex or structured products.
"FINCAD's significant upward movement on the Chartis RiskTech 100 further reflects our commitment to client-centric product development and our focus on providing solutions that are responsive to rapid market changes and address the critical risk management needs of financial professionals," said Bob Park, president and CEO, FINCAD. "With the recent release of our F3 SDK product, we've given risk professionals the needed solutions for measuring the risk associated with more complex trades."
