INDUSTRY NEWS

Fincad opens New York and London office to expand business offering

Fincad has opened a new London office as well as one in New York it has confirmed.

A provider of OTC derivatives and risk management solutions, the firm has opened the new offices to further support its efforts in Europe and North America.

The London office is located at 1 Royal Exchange Avenue. As part of the process the firm has also made two internal promotions with James Church becoming vice president of product management and vice president of marketing.

Fincad president and CEO, Bob Park, said: “The impetus for opening the new offices—and making these appointments—is to meet the growing demand for our enterprise solutions.

“Over the last year, we have witnessed a surge of interest in our solutions for large implementations on the part of banks, insurance companies and asset managers alike.

“We are looking forward to working with existing and new customers, helping them to deploy software solutions that give a truly holistic view of their valuation and risk.”

The firm will now look to expand on the marketing, sales and implementation of its enterprise-scale solutions as well as enhancing its pre-sale and post-sale support for customers within Europe and North America.

In addition to the two new offices, Fincad also has offices in Vancouver, Dublin and Beijing.

By: Kirsty MacGregor

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