Financial technology firm Nagler & Company has teamed up with OTC derivatives pricing and risk technology provider FINCAD, as a service partner for its alliance program.
As per terms of the deal, both firms will use their expertise with FINCAD’s F3 risk management technology, to assist banks and insurance companies in the DACH region including German, Austrian, and Swiss.
They will help the financial organizations to actively manage their valuations; counterparty credit and market risk, and fulfill regulatory reporting needs.
Designed with an open architecture, F3 is easy to integrate, scalability and future direction to meet their clients’ specialized needs, the company said.
Nagler & Company principal Thorsten Rangwich said the partnership will leverage interdisciplinary teams of economists, mathematicians, physicists and IT experts.
FINCAD Alliance Program director Amar Budhiraja stated, "Together we can provide customers with highly customized solutions to meet their specific needs."
Nagler & Company is a boutique consulting firm, which caters consultancy services to banks and insurance companies.
Established in 1990, FINCAD provides advanced modeling services to more than 4,000 clients in over 80 countries across the globe.