With deep market understanding, a client-centered business approach, and unmatched engineering expertise, FINCAD is uniquely positioned to lead the market in enterprise risk and valuation technology.

Shadow Financial Systems


Shadow Financial Systems’ 21st Century technology provides comprehensive post- trade processing, treasury and accounting functionality on a cost-effective SaaS platform for firms that trade securities. Its ShadowSuite product is the industry’s modern-day alternative to the old guard back-office service bureaus. Among the Company’s clients are NYSE Arca, National Financial Services LLC, a Fidelity Investments Company, Société Générale New York Branch, and Raymond James & Associates.

ShadowSuite is a highly scalable real-time exceptions-based post-trade reconciliation, clearance, settlement, treasury, and accounting SaaS solution. ShadowSuite leverages FINCAD's analytics library to calculate accrued interest, coupon payments, yield and price calculations on any bond in the world, accruals and payments on financing transactions along with the ability to value Floors, Caps, Collars, Straddles and Swaptions during their post-trade processing and clearing operations.

"Our partnership with FINCAD is further testament of our commitment to remaining ahead of emerging trends in the clearing space. FINCAD's comprehensive library of analytics addresses the growing need of our clients for frequent independent valuations and reporting and interest and payment information on their holdings."

Don Marino, CEO, Shadow Financial 


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