About FINCAD
FINCAD is a Financial Services company based in Surrey (Canada) founded in 1990, and was acquired by Numerix in April 2023. Valuation and risk solutions for derivative portfolios are offered. It operates in the Financial Services and Technology sectors. FINCAD has raised $12 million across 2 funding rounds from investors including Zafin, Numerix and Wellington Financial. Its chief executive, as recorded, is Mark D’Arcy. FINCAD offers products and services including Derivatives Analytics, Front-to-Risk Applications, and Capital Markets Development Platform. Its focus areas include FinTech, Investment Tech, Wealth Management IT and Risk Management.
Company details
Founded in 1990 and based in Surrey, Canada, FINCAD operates in the financial software sector. Valuation and risk measurement tools for multi-asset, multi-currency derivative portfolios are developed and supplied. Support for various data formats and integration methods is included. These analytics are applied in areas such as OTC derivative valuation, trading, risk assessment, regulatory compliance, collateral management, and model validation. Assistance with risk measurement initiatives is also provided.
- Headquarters Surrey, Canada
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Website fincad.com
- Social LinkedIn X YouTube
- Acquired by Numerix (Apr 2023)
Products & Services of FINCAD
FINCAD offers a comprehensive portfolio of products and services, including Derivatives Analytics, Front-to-Risk Applications, and Capital Markets Development Platform.
Tools for pricing and valuing OTC derivatives and fixed income securities.
Systems for valuation, market risk, and counterparty risk analysis.
Platform for building capital markets applications with analytics.
Apps and channels of FINCAD
its YouTube channel numerixanalytics has 4.34K subscribers and 30 videos.
Videos from FINCAD
The most watched videos on FINCAD's YouTube channel, numerixanalytics (4.34K subscribers). Click a video to play it here.
More on numerixanalytics.
Funding Insights of FINCAD
FINCAD has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $12 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12M
- Total Rounds 2
- Last Round Private Equity Round — $12M
- First Round $7M
(Jan 2016)
- Investors Count 2
All 2 funding rounds of FINCAD with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $12M | Private Equity Round | – | Vistara Growth | – |
| Jan 2016 | $7M | Debt – Venture | – | – |
4 investors in total: 4 institutional.
Investors in FINCAD
FINCAD has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Zafin, Numerix and Wellington Financial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Debt and equity solutions are provided to mid-to-late-stage technology companies. | vistaragrowth.com | Vancouver, Canada | ||
Tech-focused Venture debt provider investing primarily in the US and Canada | 2000 | wellingtonfund.com | Toronto, Canada | |
Software solutions for relationship banking in financial services are delivered. | 2002 | zafin.com | Toronto, Canada | |
Derivatives risk analytics solutions are provided to enterprises by Numerix. | 1996 | numerix.com | New York, United States |
Investor details for FINCAD
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of FINCAD
21 people are tracked at FINCAD (6 in leadership, 3 in board & advisors, 12 in team).
| Name | Role | Group |
|---|---|---|
Mark D’Arcy | President & CEO | Leadership |
Nancy Petersen | Chief Financial officer | Leadership |
David R. | Senior Vice President Software Development | Leadership |
Christian Kahl | Head of Client Services | Leadership |
Emanuele Conti | CEO, Numerix | Leadership |
Timothy Lee | Director, Head of Support and Hosted Application Operations | Leadership |
Takashi Yuri | Director | Board & advisors |
Frank Barr | Director | Board & advisors |
Philip Brittan | Director | Board & advisors |
Anujot Deol | HR | Team |
Mohamed Amine Bekkali | Quantitative Analyst | Team |
Christina Oswald Lepore, MA | Sr. Writer/ Marketing Communications Specialist | Team |
Fange Yu | Marketing | Team |
Rita Sharma | Lead Quantitative Analyst | Team |
Sneha John | Application Support Engineer | Team |
Anindya Mukherjee | Quantitative Analyst | Team |
Kasen Sun, CFA, FRM | Manager, Financial Engineering | Team |
Glen Simpson | Senior Account Manager | Team |
Corey Steckler | Senior Systems Administrator | Team |
Luyao (Michael) Yu, CFA, FRM | Financial Engineer | Team |
1 more people are available in the full profile.
Complete people profiles for FINCAD
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Timeline of FINCAD
Web traffic of FINCAD
Websites that share an audience with FINCAD (fincad.com).
Websites whose visitors overlap most with FINCAD. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| calypso.com | 100% | View details | |||
margrabe.com | margrabe.com | 100% | – | ||
| quantifisolutions.com | 100% | 10.9K | #2,055,804 | View details | |
risk.net | risk.net | 99% | #250,850 | – | |
| riskdata.com | 98% | #8,921,238 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for FINCAD
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- 25 similar websites
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Verified entity values are shown only after access is granted.
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Related news about Fincad
Complete news archive for FINCAD
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Frequently Asked Questions about FINCAD
FINCAD was founded in 1990 and raised its 1st funding round 26 years after it was founded.
FINCAD is headquartered in Surrey, Canada. It is registered at Surrey, British Columbia, Canada.
Mark D’Arcy is the CEO of FINCAD, as recorded in our data.
FINCAD is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Debt – Venture of $7M, raised on Jan 2016.
Founded in 1990 and based in Surrey, Canada, FINCAD operates in the financial software sector. Valuation and risk measurement tools for multi-asset, multi-currency derivative portfolios are developed and supplied. Support for various data formats and integration methods is included. These analytics are applied in areas such as OTC derivative valuation, trading, risk assessment, regulatory compliance, collateral management, and model validation. Assistance with risk measurement initiatives is also provided.
FINCAD offers Derivatives Analytics, Front-to-Risk Applications, and Capital Markets Development Platform.
FINCAD has 4 investors. Key investors include Zafin, Numerix, Wellington Financial, and Vistara Growth.
Yes. FINCAD was acquired by Numerix in April 2023.