Abu Dhabi-based Marisk Consultants said it has selected Canada-based Fincad's F3 as its derivatives valuation and risk management solutions.

A leading provider of financial analytics technology with more than 4,000 clients in over 80 countries around the world, Fincad said F3 will provides Marisk with the flexibility and full transparency it needs to best advise clients.

Looking for a fully independent third party valuation solution, Marisk chose F3 because it had the flexibility to value exotic instruments from any asset class, including Islamic and hybrid derivatives.

“Compared to other third party solutions in the market, F3 provides the best combination of flexibility, transparency, customer service, and value,” remarked Dany Masri, the founder and managing director of Marisk Consultants.

“Negotiating equitable hedge pricing for our clients is key to Marisk; F3 is providing us with proven industry standard analytics that are transparent, reliable, accurate and robust,” he added. 

Bob Park, CEO and president said, "In designing F3, Fincad’s aim was to provide clients with a truly generic, flexible product that gives users complete freedom to value any type of instrument they require."

“Marisk is a testament of our customer focussed approach to product development – as we envisioned, organizations like these are using F3 to accurately price customized, exotic derivatives.”

Marisk is an independent derivative advisor that represents clients across Mena region to navigate the complex process of entering, negotiating and unwinding derivative transactions to ensure the best outcome for the end-user.-TradeArabia News Service