Fincad, the trusted provider of derivatives analytics, and NorthPoint Solutions, the leading business solutions provider to the alternative investment industry, announced today that NorthPoint has joined the Fincad Alliance Program.
This partnership enables NorthPoint to enhance its offering to clients by providing them with the business and technical expertise to implement FINCAD Analytics.
With its focus in the alternative investment market, including hedge funds, funds of funds, and other alternative asset managers, NorthPoint combines its domain knowledge with strong technical expertise to provide its clients best-of-breed solutions. FINCAD's comprehensive cross-asset analytics library complements NorthPoint's valuation and risk management solutions.
"FINCAD's analytics solutions are widely accepted in the alternative investment market, so partnering with FINCAD was a clear choice for us," said Glen Froio, President, NorthPoint Solutions. "Our clients don't want to spend a lot of time and money getting daily prices. By integrating FINCAD in their systems, they can price hundreds of instruments faster and as often as they need in a more automated way. FINCAD Analytics also allow our users to run different scenario analyses and calculate VaR."
"With the increase in hedge funds outsourcing their IT implementations, we are pleased to partner with an established service provider like NorthPoint that has the domain knowledge and technical expertise to integrate FINCAD Analytics in its clients' front-to-back office systems," said Amar Budhiraja, Director, FINCAD Alliance Program.