FINCAD, the market leader for innovative derivatives solutions, announced today that Jubilee Financial Products LLP (“Jubilee”) has selected F3 as its valuations and risk management solution. After evaluating multiple systems, Jubilee chose F3 for its extensive flexibility, functionality, and powerful risk analytics.
A rapidly growing asset manager, Jubilee required a valuations and risk management system for both its structured products and fund management businesses. F3 was chosen because its flexible nature enables Jubilee to react quickly to its changing business requirements. Initially, Jubilee plans to use F3 to price and report risk sensitivities for its bond and structured note positions, but also anticipates using F3 for CVA modelling.
“After evaluating other systems, we have concluded that F3 is the best all round risk management and valuations solution for our needs,” explains David Shorthouse, Chief Investment Officer of Jubilee Financial Products. “Its risk analytic package is unique and powerful, and provides excellent value for money. In the future, we plan on adding more products to our portfolios and we definitely see F3 being a part of that. We are using F3 to grow. ”
“We’re excited that Jubilee Financial Products has selected F3 as part of its risk management solution, and that it sees us as being an important part of future growth,” says Bob Park, ceo and president of FINCAD. “F3 provides customers with a unique combination – ultimate flexibility and detailed risk. Given the volatility in the market today, both these features are key in meeting today’s challenges.”
