Fincad Adds Hedge Accounting Functionality to Fair Value Insight Service
Fair Value Insight, a joint offering from Fincad, a provider of software and services supporting the valuation and risk management of cross-asset class derivatives and fixed-income securities, and inter-dealer broker ICAP, now offers corporate treasuries the ability to comply with hedge accounting rules under FAS 133 and IAS 39/IFRS 9 regulations for FX instruments.
The new functionality provides the necessary test results required under hedge accounting rules. According to Gurpeet Banwait
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