Through this agreement, Digiata will leverage Fincad 's industry standard financial derivative analytics with its Valuations Dashboard to provide its clients with the ability to effectively and transparently value derivatives in a high volume Straight Through Processing (STP) environment.

With access to Fincad 's cross-asset class derivatives pricing and risk analytics software, Digiata clients such as RMB Asset Management, a diversified financial services provider, are able to meet the heightened demand for independent pricing and valuation of derivatives in today's volatile market.

"Membership in Fincad 's Alliance Program will help us provide our customers the ability to value their financial derivative instruments with Fincad 's comprehensive and industry standard pricing library," said Rob Scriven, Director, Digiata. "As one of the most extensively documented financial analytics solutions, Fincad analytics offer complete transparency, enabling our clients to verify every part of their valuation and risk calculations."

"Digiata recognizes the unprecedented demand from Investment Managers and Banks for better risk management through more transparent valuation and pricing methods," said Amar Budhiraja, Director, Fincad Alliance Program. "We're pleased to further expand the Fincad Alliance Program to South Africa and help Digiata offer its customers accurate, independent pricing and valuation of derivatives."