VANCOUVER, Canada, and FRANKFURT, Germany, Jan. 29, 2013 /PRNewswire/ -- FINCAD, the leading provider of OTC derivatives pricing and risk solutions, is pleased to announce that one of Germany's leading financial technology and services consultants Nagler & Company has joined the FINCAD Alliance Program as a Service Partner. Nagler & Company is a boutique consulting firm that specializes in risk management, trading, and market data technology and services. They will be using their expertise with F3, FINCAD's award-winning risk management solution, to help banks and insurance companies in the DACH (German, Austrian, Swiss) region actively manage their valuations, counterparty credit and market risk, and meet regulatory reporting requirements.
Nagler & Company has built its proficiency with select vendors that provide front office trading, risk management and market data solutions. They count several leading European banks as clients and attribute their success to a combination of product expertise and customized service. Nagler & Company has chosen to develop its capability with F3 as it believes F3's open architecture, ease of integration, scalability and future direction will meet their clients' specialized needs.
"With interdisciplinary teams of economists, mathematicians, physicists and IT experts, Nagler aims on becoming the specialist for F3 in the DACH market and is committed to making the partnership a success," says Thorsten Rangwich, Principal, Nagler & Company. "We're pleased to work with a cutting-edge company that can really add value for our clients. From the outset, FINCAD has provided exceptional partner support and has been interested in working together to expand our business and continue to find opportunities for growth."
Amar Budhiraja, Director, FINCAD Alliance Program, says, "We are excited to have Nagler join the FINCAD Alliance Program as both companies' strengths complement each other very well. Together we can provide customers with highly customized solutions to meet their specific needs. I look forward to working closely with Nagler in the future and growing FINCAD's presence in the DACH region."About Nagler & CompanyAs specialists in the complex financial sector, Nagler & Company offers consultancy services to banks and insurance companies. Nagler & Company has the knowledge and expertise to meet head on the opportunities and risks of differing market activities. Its consultants know the regulatory framework inside out and can thoroughly evaluate the technologies that efficiently and securely handle data streams. At the same time, they keep abreast of new products and developments. In its project work, Nagler & Company constantly focuses on the end result. Its interdisciplinary teams, made up of economists, mathematicians, physicists and IT experts, develop practical solutions designed to ensure customers' success. In addition, its service portfolio covers the complete lifecycle of a project and stretches from support on strategic issues through analysis and conceptual design, the subsequent transformation into processes and IT systems, to their inclusion in the complete system landscape. This culminates in the implementation and commissioning of banking sector applications.