BNY ConvergEx Group Announces Addition of FINCAD Analytics to Eze OMS(TM)

Integration offers over 1,600 functions for analyzing, valuing and trading OTC derivatives

NEW YORK and BOSTON, Feb. 2 /PRNewswire/ — BNY ConvergEx Group announced today that Eze Castle Software has added FINCAD analytics to the Eze OMS. This integration offers users enhanced functionality for analyzing and trading OTC derivatives. Eze OMS users now have seamless access to FINCAD’s comprehensive cross-asset class library of more than 1,600 functions for valuing and measuring risk for securities and derivatives directly from the Eze OMS blotter.

“Quick and accurate price and risk assessment tools are essential for a firm trading OTC derivatives. The integration with FINCAD enables us to offer a simplified workflow for accessing critical OTC and derivatives valuation tools,” said Rob Keller, CFA, managing director, global product management, Eze Castle Software. “We are committed to lowering our clients’ trading costs and increasing their productivity. Adding FINCAD’s industry leading tools is another way we are delivering on that commitment.”

“We are excited that Eze Castle Software is using FINCAD analytics to assist its clients in answering the valuation and risk measurement issues that are increasingly central to the work of buy-side investment and trading decisions,” added Bill Stewart, vice president sales, FINCAD.

The FINCAD Analytics library of financial instruments in all major asset classes provides clients with the advantage of using one source to value and measure the risk of a wide variety of financial securities and derivatives. It is one of the most extensively documented financial analytics solutions in the industry. This provides transparency and enables users to verify valuation and risk calculations.

Eze Castle Software’s award-winning order management system (OMS), Eze OMS, leverages a real-time open architecture to streamline the investment cycle for all asset classes — from idea generation through settlement. The Eze OMS provides functionality to support portfolio management, compliance, trading, and operations in a single platform. Today over 380 buy-side firms use the Eze OMS to manage their investment process.

About BNY ConvergEx Group

BNY ConvergEx Group, LLC provides global agency brokerage and investment technology solutions to institutional clients worldwide. The Company’s key business lines — Liquidity and Execution Management, Investment Technologies and Intermediary and Clearing Services — focus on a broad array of services designed to deliver a comprehensive, integrated platform of performance-driven, global multi-asset class trading capabilities. BNY ConvergEx Group is comprised of the following businesses: BNY ConvergEx Execution Solutions LLC (member NYSE/FINRA/SIPC), LiquidPoint, LLC (member CBOE/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); G-Trade Services LLC (member FINRA/SIPC); BNY Jaywalk LLC; ConvergEx Global Markets Ltd. and Eze Castle Software LLC. BNY ConvergEx Group is an affiliate of The Bank of New York Mellon Corporation. Additional information is available at www.bnyconvergex.com.

About FINCAD

Founded in 1990, FINCAD provides software and services supporting the valuation and risk management of cross-asset class derivatives and fixed income securities to banks, corporate treasuries, asset management firms, auditors, and governments. FINCAD is the industry standard for financial analytics used by more than 35,000 financial professionals in over 80 countries. Over 70 FINCAD Alliance Partners embed FINCAD analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland and Vancouver, Canada. For additional information, visit www.fincad.com.

SOURCE BNY ConvergEx Group