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Numerix Announces The Acquisition Of Fincad

Apr 12, 2023

Acquiring Company

Numerix

Acquired Company

FINCAD

New YorkInformation TechnologyFinancial ServicesFintechFinancial ServicesSoftware

Description

Numerix, a leader in capital markets risk management technology, announced today that it has acquired FINCAD, a leading analytics company in the pricing and risk analytics of financial derivatives and fixed income products, from Zafin, a leader in Product and Pricing SaaS solutions for global financial institutions.

Other recent acquisitions in Financial Services and Fintech

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Numerix

Location

New York, New York, United States

About

Since its founding in 1996, Numerix has been at the vanguard of financial technology, providing groundbreaking expertise, quantitative analytics, and software that redefines pricing and risk management in the financial markets. With the strategic acquisitions of FINCAD and PolyPaths, Numerix has further strengthened its leadership position, empowering financial institutions worldwide to transform risk into opportunities with confidence. Numerix is headquartered in New York City with offices around the world in major financial centers which allows for immediate access to the latest trends, innovations, and thought leaders in the industry. This extensive global network enables Numerix to offer localized support and services to its diverse clientele while drawing on global insights and expertise.

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Frequently asked

Who acquired FINCAD?

FINCAD was acquired by Numerix, based in New York. The deal was reported on April 12, 2023. Numerix is privately held and operates in Information Technology.

When did Numerix acquire FINCAD?

Numerix's acquisition of FINCAD was reported on April 12, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does FINCAD do?

Backed by more than 30 years of experience, FINCAD is a pioneer in providing pricing, modeling and risk analytics to financial institutions such as banks, asset management firms, insurance companies, hedge funds as well as over 50 Alliance Partners. It is privately held, operating in Financial Services.

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