FINCAD
For technology-focused prop trading firms with in-house development capabilities seeking to build custom risk management solutions.
Overview
FINCAD is assessed in the Finantrix buyer's guide to Real-Time Risk Analytics for Proprietary Trading, where it is rated Niche Player. This profile was compiled by Finantrix editors from that assessment; FINCAD has not claimed it.
Best for: Technology-focused prop trading firms with in-house development capabilities seeking to build custom risk management solutions.
Strengths: Choose it when the risk system will be built rather than bought. The analytics libraries and APIs are developer-friendly, fixed income and credit derivatives capabilities are there, and deployment options are flexible across on-premise and cloud.
Considerations: You are buying parts. Significant development resources are required to build a complete risk management solution, out-of-the-box functionality is limited, and the user community is smaller.
