Fincad, the trusted provider of derivatives analytics to leading global banks announced that Finacle from Infosys has joined the Fincad Alliance Program, enabling Infosys to access Fincad's extensive derivatives analytics library for its Finacle treasury solution.
The Finacle treasury solution is a modular, front, middle and back-office solution built on best-of-breed open technology platforms, providing high scalability, flexibility and straight-through-processing (STP) capability. Infosys chose to certify its Finacle treasury solution with FINCAD Analytics to offer its clients built-in pricing using industry-standard analytics, thereby enhancing the valuation and risk capabilities of its solution.
"Our use of FINCAD's analytics library in Finacle treasury allows us to enhance our derivatives valuation capability quickly, enabling us to be more responsive to the market," said Sanat Rao, Vice President, Head Worldwide Sales and Alliances - Finacle, Infosys. "We selected FINCAD as it offers industry-standard analytics and because it is an established player in the derivatives analytics market."
"We are very excited to support Finacle's ambitious growth as it expands its global footprint," said Amar Budhiraja, Director of the FINCAD Alliance Program. "FINCAD's comprehensive cross-asset class library continues to provide financial technology vendors the most efficient way of meeting their clients' derivatives valuation needs through proven and trusted analytics."