FinancialCAD-Masfin Announcement

[Home ] [Expertise ] [Power-Tools ] [Success Stories ] [Profile ] [Clients ] [Partners ] [Employment ] [News/Events ]

Technology Solutions for the Finance and Services Industry

FinancialCAD Alliance

Strategic Alliance Helps Meet Need for Increasingly Complex and Consolidated Risk Reporting

New York, October 25, 2002 – FinancialCAD and Masfin have formed a strategic alliance to better solve customers’ needs to meet more intensive, flexible and integrated risk reporting requirements. Masfin’s excellent track record in designing and building sound platforms for financial institutions compliments FinancialCAD’s financial instrument management technology and service offerings.

“Masfin has established itself as a proven provider of risk management applications for the financial industry”, according to FinancialCAD President, Bob Park. “Masfin's expertise compliments FinancialCAD's strengths and leverages our existing products so that clients gain high value at economic cost”, he continued.

Masfin, has successfully delivered several enterprise-wide risk management systems using FinancialCAD’s industry standard analytics. As a result of the extensive experience gained in working intensively with Fincad Analytics, Masfin’s development and integration specialists know what works and what doesn’t when it comes to building a sound platform for a successful FinancialCAD implementation. Masfin’s n2/3™ approach of iterative project phases, very small project teams, effective prototyping and using its proprietary power tools (micro-project components) has resulted in a record of remarkable success stories. The company’s experience has made it possible for numerous institutions to collect, clean and normalize financial systems and data, resulting in a sound framework for successful Fincad Analytics installations.

Masfin President, Amber Tolat, remarked, "We have found FinancialCAD’s products to be the best source of industry standard, proven analytics for designing risk management systems for our clients and our programmers like to work with their products because they are stable and easy to integrate. FinancialCAD is clearly an expert in its field - it only makes sense for us and our clients to capitalize on this expertise."

About Masfin

Masfin Consulting Inc. completes the most challenging and tedious undertakings when it comes to collecting, cleaning and normalizing financial systems and data, resulting in sound frameworks for risk management and other systems for the financial industry. We have applied this solid infrastructure towards enterprise wide risk systems, workflow automation for entire product areas, as well as system implementations for Front-Office, Mid-Office, Operations and Finance.

About FinancialCAD

For more than 2,700 companies in over 60 countries, FinancialCAD software and online applications offer accurate, independent and comprehensive financial instrument valuation and risk management solutions at a lower total cost than alternative methodologies. Clients include 140 Fortune 500 companies, 450 banks, over 200 investment management firms, 50 insurance companies and more than 1800 other companies.

Also see: http://www.fincad.com/corporate/customers/masfin.pdf

[ Home ] [ Expertise ] [ Power-Tools ] [ Success Stories ] [ Profile ] [ Clients ] [ Partners ] [ Employment ] [ News/Events ]

Email: contact@masfin.com / Tel: (201) 459-9902 / Fax: (201) 459-9904/ Add: Masfin Consulting Inc. 26 Journal Square, Ste.1100 Jersey City, NJ 07306