Vancouver, Hong Kong - April 24, 2012
FINCAD, the market leader for innovative OTC derivatives solutions, announced today that Alpha Omega Solutions and Consultancy Services Ltd, a leading provider of tools and solutions in the financial industry, has joined the FINCAD Channel Program as a Channel Partner in Hong Kong. With this new partnership, Alpha Omega will be providing local sales and support services for FINCAD products in Hong Kong.
Alpha Omega is a wholly owned subsidiary of Ascent Partners, a leading independent valuation and advisory firm that serves over 200 publicly listed clients, state-owned enterprises and multi-national corporations in Hong Kong. As a FINCAD channel partner they will provide valuation, pricing, risk assessment, cash flow forecasting and regulatory compliance tools to investment fund companies, banks, professional service firms, governments and other financial organizations. In addition to selling FINCAD software, Alpha Omega will be providing training, consulting and live customer support for their FINCAD clients in Hong Kong.
"Having Alpha Omega as a FINCAD Channel Partner is a great step in servicing our clients in Hong Kong," comments Amar Budhiraja, Director of the FINCAD Alliance Program. "Their experience in servicing the finance industry and knowledge of the derivatives market will be invaluable in providing a high calibre of service to FINCAD clients."
"We're very excited about this partnership. FINCAD is a global brand trusted by over 4000 organizations in the derivatives industry, and we have accumulated many years of IT and financial services experience, with a double-digit percentage annualized growth in our independent valuation and advisory services," stated Paul Wu, Executive Director, Alpha Omega. "It's a winning combination - we can provide significant value to financial organizations in Hong Kong, especially during the time when it is important for Hong Kong to continue its position as a world-class financial center, not only to provide the investment vehicles and services demanded greatly for the huge savings and capital of Mainland China, but also to strategically act as the pioneer city of China for its market liberalisation."
FINCAD provides a cross section of products that can be accessed through Excel, MATLAB®, as a Software-as-a-Service or embedded into an existing system through software development kits. Financial professionals in Hong Kong wanting to learn more about FINCAD can visit www.alphaomega-sc.com.
About Alpha Omega Solutions and Consultancy Services Limited
Alpha Omega Solutions and Consultancy Services Limited is a leading provider of tools and solutions in the financial industry and operations. The challenges put forward by unprecedented outcomes of today's dynamic economic and business environments, advancements in financial industry and the complex corporate structures, demand individuals and business entities to have sophisticated knowledge in financial products and operations, either for financial investment, control & monitoring, reporting, regulatory compliance, risk management, and professional servicing.
With a unique combination of finance and IT experience, Alpha Omega provides you with "State of the Art" financial tools and solutions to help you or your clients to be successful progress throughout the various stages of economic and business life cycles, alongside with the customization that matches best in your specific environments and capacity maturity levels.
About Ascent Partners Group Limited
Ascent Partners is a leading provider of transaction advisory and asset management services. We offer a wide range of independent valuation and advisory services, with a specific interest in risk management and growth opportunities. The breadth of our capabilities and our client-centered approach allows us to deliver personalized solutions to meet specific requirements of our clients in the capital market.
Founded in 1990, FINCAD provides advanced modeling solutions built on award-winning, patent pending technology. With more than 4,000 clients in over 80 countries around the world, FINCAD is the leading provider of financial risk analytics technology, enabling global market participants to make informed hedging and investment decisions. FINCAD provides software and services supporting the valuation, reporting and risk management of derivatives and fixed income portfolios to banks, corporate treasuries, hedge funds, asset management firms, audit firms, and governments. FINCAD Analytics can be accessed through Excel, MATLAB, as a Software-as-a-Service or embedded into an existing system through software development kits. Now, over 70 FINCAD Alliance Partners embed FINCAD Analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland, and Vancouver, Canada. www.fincad.com