Resources

FINCAD offers the most transparent solutions in the industry, providing extensive documentation with every product. This is complemented by an extensive library of white papers, articles and case studies.

Constant Maturity Swap

A derivative with a payoff that is based on a swap rate of a specific maturity. For example, while a regular floating rate note might pay semi-annual coupons based on semi-annual fixings of 6-month USD LIBOR, a CMS note might pay semi-annual coupons based on semi-annual fixings of the 10-year semi-annual swap rate. Note, however, that the coupon frequency need not match that of the underlying swap rate: the note might pay semi-annual coupons based on fixings of the 10-year annual swap rate, for example.

Video

F3 Video

The next generation of powerful valuation and risk solutions is here.

Brochure

F3 Brochure

Portfolio valuation and risk analytics for multi-asset derivatives and fixed income.