FINCAD Announces Appointment of Council of Advisors

VANCOUVER, British Columbia and DUBLIN, Aug. 16, 2011 /PRNewswire/ -- FINCAD, a market leader for innovative derivatives solutions in the financial industry, announced today the formation of its Council of Advisors.  Council members include Brent Callinicos, Vice-President and Treasurer of Google Inc., Erwin Martens, independent risk advisor and former Executive Vice President, Enterprise Risk and Chair of the Product and Client Governance Committee at TIAA-CREF, and Gord Breese former Vice-President, Channels and Ecosystem at SAP.

The appointment of the Council of Advisors is a key step in FINCAD's ongoing growth strategy, and is designed to provide guidance on corporate strategy, product direction and market positioning.

Brent Callinicos is Vice President and Treasurer of Google Inc. He brings to FINCAD many years of experience managing corporate treasury, risk management and asset management teams. Prior to Google, Brent was at Microsoft for 14 years, most recently as CFO of the platforms and services division after having served as Microsoft's Vice President and Treasurer for four years, where he also founded Microsoft Capital.

Erwin Martens is an independent risk advisor. Prior to establishing his own practice, he was at TIAA-CREF starting in 2003 as an Executive Vice President and Chief Risk Officer. Prior to TIAA-CREF, Mr. Martens held senior executive risk management positions at Putnam Investments, Lehman Brothers and Credit Suisse. 

Gord Breese is an accomplished technology executive with more than 20 years leadership experience at SAP, Apple, Oracle, Business Objects and Pivotal Software. His most recent role as Global Vice President, Channels and Ecosystem at SAP included responsibility for OEM, reseller and co-sell revenue for the company's global portfolio of systems integrators, outsourcing and technology partners. He joined SAP through its acquisition of Business Objects, where he held the role of Vice President, Global Alliances and Business Development.

"We're honoured to have such successful professionals in the area of finance and technology as members of our Council of Advisors," said Bob Park, President and CEO, FINCAD. "Their diverse background in banking, asset-management, corporate treasury and the software industry, will help shape the future of FINCAD as the company continues to grow our client base and better serve our customers' needs through continued product development."

For more information about FINCAD's Customer Advisory Board, click here.

About FINCAD

Founded in 1990, FINCAD provides advanced modelling solutions built on award-winning, patent pending technology.  With more than 4,000 clients in over 80 countries around the world, FINCAD is the leading provider of financial analytics technology, enabling global market participants to make informed hedging and investment decisions. FINCAD provides software and services supporting the valuation, reporting and risk management of derivatives and fixed income portfolios to banks, corporate treasuries, hedge funds, asset management firms, audit firms, and governments.  FINCAD Analytics can be accessed through Excel, MATLAB, as a Software-as-a-Service or embedded into an existing system through software development kits.  Now, over 70 FINCAD Alliance Partners embed FINCAD Analytics within their solutions. FINCAD provides sales and client services from Dublin, Ireland, and Vancouver, Canada.

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SOURCE FINCAD