FinancialCAD Corp. has expanded its reach in the derivatives analysis market through a partnership with SAS Institute Inc. A leading business intelligence software provider, Cary, N.C.-based SAS now offers its enterprise risk management (ERM) customers entree into FINCAD's analytics library, where corporate finance treasuries can access and consolidate pricing, risk assessment and valuation data.
This is the latest vendor partnership for Surry, British Columbia-based FINCAD. Most partners embed the analysis technology into their treasury management products, says Robert Park, FINCAD CEO. SAS, however, offers its Risk Dimensions enterprise option as an add-on. "This arrangement is emblematic of the increasing need for collaboration," says Park. "Derivative analysis has become too great for most vendors to handle on their own."
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