Asset Control, which provides financial data management solutions, is partnering with FINCAD to offer mutual customers enhanced valuation and analytics for fixed income, derivatives and curves.
The partnership sees the integration of Asset Controls AC Plus data management platform and FINCADs industry leading financial analytical library.
AC Plus and FINCAD will provide customers with a single source of calculations and analytics data, which can then be distributed throughout the organization, giving firms valuation and analytics accuracy while ensuring uniform data for multiple portfolio management, trading, accounting and risk applications. It will also support instrument modeling, valuation and data distribution.
We are very pleased to welcome Asset Control to the FINCAD Alliance Program, says Amar Budhiraja, director of the FINCAD Alliance Program. Precise and reliable curve construction for derivative valuations is all about quality data and robust analytics. Our clients will now have the ability to use FINCADs powerful financial analytics with Asset Controls robust data management solutions for enterprise-level risk measurement and pricing consistency across multi-asset portfolios.
Phil Lynch, president and CEO at Asset Control, adds: Businesses need to ensure that critical processes are fuelled by consistent, accurate and actionable data to gain efficiencies, to support decision-making, and to develop successful new and innovative strategies. Combining the power of two industry-leading platforms, Asset Control is leveraging the proven expertise of FINCAD to enrich pricing and curve functionality for our clients data generation and management capabilities.
(CG)