FinancialCAD. (Financial Analysis).FinancialCAD has released Version 6 of its leading financial instrument modeling application, Fincad XL, and its popular development kit for financial systems developers, Fincad Developer. The company calls this release "the most significant upgrade ever" for these products. FinancialCAD says it has added over 180 leading-edge financial models, bringing the total number of functions to over 700 in each product. In addition to adding support for credit derivatives, the software offers expanded coverage of convertible bonds, foreign exchange options and interest rate derivatives, new support for municipal bonds and expanded coverage of exotic option Exotic Option Any non-standard option. Notes: This is the opposite of a plain vanilla option. See also: Barrier Option, Down-and-In Option, Down-and-Out Option, Equity-Linked Foreign Exchange Option - ELF-X, Option, Quanto Option, Vanilla Option models. Fincad XL makes working with spreadsheets and using market data faster and easier by accessing the optional services of Fincad.net, FinancialCAD's Internet Service offering based on the Microsoft[R].NET framework. David Glassco, FinancialCAD's chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , says that with release 6, users can "get daily and historical interest rate curves, foreign exchange rates and other market data and link it to Excel at the click of a mouse." Fincad Developer now includes the Fincad.net Object Factory[TM]. By connecting to Fincad.net, the Object Factory offers an environment that combines local application development with remote financial market data, complex financial analytical business objects and data storage services using open standards, including component object model (COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. ), eXtensible markup language See XML. (language, text) Extensible Markup Language - (XML) An initiative from the W3C defining an "extremely simple" dialect of SGML suitable for use on the World-Wide Web. http://w3.org/XML/. (XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. ) and simple object access protocol (protocol) Simple Object Access Protocol - (SOAP) A minimal set of conventions for invoking code using XML over HTTP. DevelopMentor, Microsoft Corporation, and UserLand Software submitted SOAP to the IETF as an internal draft in December 1999. Latest version: SOAP 1. (SOAP). FinancialCAD says its financial instrument valuation and risk management software products and Internet services are used by more than 2,700 organizations in over 60 countries. Web: www.financialcad.com |
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