FXpress relies on FINCAD Analytics to provide pricing for double average rate options, Asian average rate options, exotic option pricing on foreign exchange options, VAR option pricing on fixed exotics and for building zero curves for forecasting and discounting cash flows.
"FINCAD Analytics is the de facto standard and it aids our credibility in providing accurate pricing and math models," states James Gilbert, FXpress Director of Business Development.
Mike Green, Vice President of Sales & Marketing at FINCAD states, "We are very pleased to have FXpress as a FINCAD Alliance Partner. We look forward to continued successful collaboration to help serve the corporate treasury market."
The FIRSTâ¢ Treasury System helps corporate clients meet business and regulatory challenges and offers full compliance with FAS 133 and IAS 39. Long term goals for FXpress include expanding FIRSTâ¢ to include enhanced cash management and more sophisticated risk management, including VAR.