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.

Par Swap Rate

The value of the fixed rate which gives the swap a zero present value or the fixed rate that will make the value of the fixed leg equal to the value of the floating leg. To determine this rate, discount the forward rates of the floating rate to the present date to determine the value of the floating leg then discount the rates for the fixed leg and adjust the fixed rate until the swap has a net present value of zero.


F3 Video

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


F3 Brochure

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