Sapient said that the alliance is to provide clients improved access, and consistent delivery of, FINCAD Analytics and take advantage of Sapient’s expertise in implementing solutions to value complex instruments.
According to the Sapient, the alliance will ensure that institutions can benefit from streamlined integration with existing internal systems and address valuation and risk through consistent, firm-wide processes.
The financial analytics provider said that by combining FINCAD Analytics with Sapient Global Markets expertise and global distributed delivery model, customers can gain access to the technology and support required to ensure best practice integration and project delivery.
Sapient Global Markets vice president Kevin Samborn said that the efficient and transparent pricing underpins today’s evolving regulatory reform. It’s a key focus for regulators globally, and front-to-back visibility of positions and risk is seen as critical for restoring market confidence.
FINCAD Alliance Program Amar Budhiraja said that it’s hard to overestimate how vital valuation activities are in today’s market. They affect internal operations, client confidence, compliance, and the need for transparency and quick access to data is paramount as investors and regulators demand greater visibility into current and historic positions.
"We’re looking forward to working with Sapient Global Markets to offer our clients the advantages their global delivery model and methodology bring to valuation implementations," Budhiraja said.
Sapient Global Markets is a division of Sapient, a provider of services to present evolving financial and commodity markets. It offer services across advisory, analytics, technology, and process, as well as unique methodologies in program management, technology development, and process outsourcing.
