Viteos Fund Services has added FINCAD Analytics to its financial modeling capabilities on its proprietary trade aggregation and middle-office system ASTTRA.
ASTTRA offers security master golden copy, corporate actions, pricing and now OTC valuations using embedded FINCAD Analytics.
Our need to embed an analytics library into our existing system quickly and efficiently was met by FINCAD Analytics Suite for Developers, says Chitra Baskar, COO of Viteos. It helps us reduce the turnaround time for rolling out new models for complex OTC products and adapt quickly to the ever changing needs of the derivatives market. FINCADs experts provided correct and feasible solutions for our needs, both in technical and functional terms, across asset classes.
Bob Park, President and CEO of FINCAD, adds: Working with Viteos, they were able to achieve the goal of developing fully robust Straight-Through Processing that will provide their clients with increased flexibility and a gain in time savings.
(CG)