FINCAD - About the company
FINCAD is an acquired company based in Surrey (Canada), founded in 1990. It operates as a Financial analytics and risk management software provider. FINCAD has raised $12M in funding from Vistara Growth. The company has 38 active competitors, including 12 funded and 5 that have exited. Its top competitors include companies like NICE Actimize, Feedzai and Quantexa.
Company Details
FINCAD is a provider of valuation and risk measurement solutions for multi-asset, multi-currency derivative portfolios. The company provide valuation and risk that supports a range of data formats and integration methods. FINCAD analytics are fundamental quantitative tools for a wide range of activities, including: OTC derivative valuation, structuring, trading, reporting, risk measurement, regulatory compliance, collateral management, asset liability management and model validation. Also provides solutions that can assist with risk measurement projects.
- Website
- fincad.com
Key Metrics
Founded Year
1990
Location
Surrey, Canada
Stage
Acquired
Total Funding
$12M in 2 rounds
Latest Funding Round
Investors
Ranked
8th among 38 active competitors
Employee Count
56 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Numerix (Apr 12, 2023)
FINCAD's acquisition details
FINCAD got acquired by Numerix on Apr 12, 2023.
Click here to take a look at FINCAD's acquisition in detail
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FINCAD's funding and investors
FINCAD has raised a total funding of $12M over 2 rounds. Its first funding round was on Jan 06, 2016. Its latest funding round was a PE round on Apr 11, 2019 for $*****. 1 investor participated in its latest round. FINCAD has 3 institutional investors.
Here is the list of recent funding rounds of FINCAD:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 11, 2019 | 8058863 | PE | 2508062 | 5133732 | 5294271 | 8801797 |
Jan 06, 2016 | 1560694 | Venture Debt | 8173007 | 5548793 | 8618190 |
View details of FINCAD's funding rounds and investors
FINCAD's founders and board of directors
Founder? Claim ProfileFINCAD's employee count trend
FINCAD has 56 employees as of May 26. Here is FINCAD's employee count trend over the years:
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FINCAD's Competitors and alternates
Top competitors of FINCAD include NICE Actimize, Feedzai and Quantexa. Here is the list of Top 10 competitors of FINCAD, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
2nd | Feedzai 2011, San Mateo (United States), Series E | Provider of an AI-native platform for fraud and financial crime prevention | $347M | 66/100 | |
3rd | Quantexa 2016, London (United Kingdom), Series F | Developer of decision intelligence software for data analysis and management | $546M | 65/100 | |
4th | Provider of online identity verification services for KYC, KYB, and AML | $477M | 64/100 | ||
5th | AuthBridge 2005, Gurugram (India), Series B | Provider of identity verification, employee screening, and due diligence platform | $11.2M | 64/100 | |
6th | Owl Technologies 2018, Vancouver (Canada), Series B | KYC solutions for banks and insurance companies | $40M | 56/100 | |
7th | Facteus 2010, Beaverton (United States), Series A | Provider of consumer transaction data and analytics for business insights | $10.9M | 54/100 | |
8th | Financial analytics and risk management software provider | $12M | 52/100 | ||
9th | Private AI 2019, Toronto (Canada), Series A | Developer of PII identification, de-identification, and data anonymization software | $11.3M | 50/100 | |
10th | Ixsight Technologies 2007, Mumbai (India), Seed | Cloud based platform offering end to end business intelligence software | $984K | 47/100 |
Looking for more details on FINCAD's competitors? Click here to see the top ones
FINCAD's Investments and acquisitions
FINCAD has a total of 1 investment in Wellington Financial. FINCAD has not made any acquisitions as of now.Reports related to FINCAD
Here is the latest report on FINCAD's sector:
News related to FINCAD
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FINCAD Announces Comprehensive Bond Data and Analytics ServiceBusiness Wire•May 05, 2021•FINCAD, Fite Analytics
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FINCAD Launches Accounting CVA Services for Japanese Financial InstitutionsBusiness Wire•Feb 24, 2021•FINCAD
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FINCAD Announces Mark D’Arcy as President and Chief Executive OfficerBusiness Wire•Jan 12, 2021•FINCAD, Wells Fargo
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FINCAD Recognized as Best-of-Breed for Hedge Fund Risk Management TechnologyBusiness Wire•Mar 20, 2018•FINCAD
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