Latentzero intergates analytics into Capstone buy-side suite
New York, Toronto, 2nd October 2006 - LatentZero™, a leading provider of front office software for the buy-side, has integrated FINCAD® (Financial CAD Corporation) Analytics into its Capstone Derivatives™ product.
Capstone Derivatives provides portfolio managers and traders with the ability to model, price and trade derivatives alongside equities and fixed income instruments via a single interface.
FINCAD Analytics are used by more than 25,000 professionals in asset management firms, banks and corporate treasuries in 72 countries to help them accurately value financial securities and derivatives.
Peter John, at LatentZero explains, "Capstone Derivatives was launched as a response to customer demand and is the first and only front office OTC solution to be specifically developed for the buy-side. We decided to pre-integrate FINCAD Analytics into Capstone Derivatives™ at the start of the development process eighteen months ago and our clients are now starting to reap the benefits of this. Asset managers who want to increase their use of derivatives to maximize portfolio returns and add finer-grained control to their risk management will no longer have to use a range of disparate tools to manage workflows. Capstone Derivatives has the ability to model trades before placing an order, helping maximize returns and reduce financial and operational risk."
Mirko Vanous, Product Manager of FINCAD Analytics explains, "FINCAD's core focus is on the development of industry standard analytics used by banks, hedge funds and leading systems vendors worldwide. FINCAD collaborated with LatentZero by offering wide asset class coverage with pricing and risk assessment analytics that are essential to the OTC derivatives trading tools within Capstone Derivatives. We look forward to strengthening our relationship with LatentZero as they continue to build innovative front office systems for asset managers."
The inclusion of FINCAD adds additional functionality to complement LatentZero's existing offering and will enable buy-side traders to take advantage of full lifecycle trading, an integrated valuation engine and powerful risk and performance analysis.
LatentZero is a global technology firm that specializes in developing complete front-office solutions for the buy-side community. LatentZero's suite of products, known collectively as Capstone, is used by 7 of the world's top 10 asset management organizations. More than 3,500 portfolio managers, traders and compliance officers worldwide rely on Capstone to manage assets in excess of $8 trillion. For additional information, please visit www.latentzero.com.
FINCAD provides software and services that support the valuation and risk management of financial securities and derivatives that are essential for banks, corporate treasuries and asset management firms. FINCAD's industry standard financial analytics are a key component in FINCAD solutions that are used by over 25,000 professionals in 72 countries. For additional information, please visit www.fincad.com
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