– CANADA, Surrey – FINCAD, a pioneer in providing pricing, modeling, and risk analytics, today announced the appointment of finance risk management veteran, Mark D’Arcy, as President and CEO, after having served in an interim capacity.
“Mark is the right person to lead FINCAD as we embark on an exciting year of product enhancements that extend our reach into the cloud,” said Board Chairman, Geoffrey Fite. “Mark brings decades of expertise working for some of the largest global financial institutions in risk management and a lengthy leadership track record. He has exactly what it will take to build on FINCAD’s legacy and drive new innovation in how we serve customers and expand to new markets.”
Before joining FINCAD, D’Arcy served as EVP, Risk Management at Wells Fargo. He was previously SVP, Enterprise Risk Management at State Street, and VP at Goldman Sachs.
“I am thrilled to be joining FINCAD in a permanent capacity at such a pivotal time,” said Mark D’Arcy. “Leading risk management functions at several large international financial institutions has taught me managing risk well is a competitive advantage. I am excited to bring this ethos and industry knowledge, shaping the next chapter of FINCAD, and helping our customers manage and take risks with confidence.”
About FINCAD
Backed by more than 30 years of experience, FINCAD is a pioneer in providing pricing, modeling, and risk analytics to financial institutions such as asset management firms, banks, insurance companies, hedge funds as well as corporate treasury departments. From the most basic to the bespoke, FINCAD has the financial engineering expertise to address any derivative challenge. FINCAD empowers global organizations to optimize risk and return through simplified and direct control over the valuation and analytics of derivatives. With the most precise, transparent, and scalable technologies for pricing derivatives and fixed-income products, FINCAD’s highly dedicated customer support team goes above and beyond to help customers achieve their goals. FINCAD is headquartered in Vancouver, Canada.
For more information: https://fincad.com/
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