A BC-born financial technology firm has been acquired by New York’s Numerix, a leader in tech-forward capital markets risk management. Founded in Surrey in 1990 by quantitative finance academics Bob Park and Peter Christoffersen, Fincad is an analytics company dealing in the pricing and risk analytics of financial derivatives and fixed-income products. The Vancouver-based company […]
Zafin
Vancouver’s FINCAD Acquired by Zafin
Vancouver’s FINCAD has been acquired by Toronto-headquartered Zafin for an undisclosed amount. Founded in 1990 by Bob Park, FINCAD is a leader in pricing and risk analytics of financial derivatives and fixed income products. Zafin is the world’s leading SaaS cloud-native product and pricing platform for banks and credit unions. By acquiring FINCAD, Zafin expands […]