News

FinRad to Exhibit at the 3rd Annual Operational Efficiency in the OTC Derivatives Market Conference in New York

MONTREAL – December 15, 2007 – FinRad Inc., provider of industry-leading trade management solutions, announced today that it will be an exhibitor at the 3rd Annual Operational Efficiency in the OTC Derivatives Market Conference to be held in New York City on May 19-20, 2008.

Event: 3rd Annual Operational Efficiency in the OTC Derivatives Market
Location: New York City, New York
Date: Monday, May 19th and Tuesday May 20th

Event Overview

There is a big discrepancy between the growth rate in OTC derivatives and development in processing its trades in the back office. Regardless of constant efforts by industry players to promote automation and standardization across the OTC market, a lot of processing is still done manually raising issues in data accuracy, process delays, surging back-logs, operational risks and inefficiencies.
Therefore this conference aims to profoundly discuss key operational challenges in the OTC market including the importance of greater standardization, full automation, further improving back office infrastructure, need for independent valuation and regulatory scrutiny of collateral management. With a dynamic combination of regulators, custodians, solution providers, buy and sell side, this unique conference will offer practical solutions to negate operational inefficiencies in the OTC space.

About FinRad Inc.

FinRad is an established player in financial software solutions for money managers, financial services and corporations. FinRad combines finance, operations, accounting and technology expertise to provide robust and affordable finance solutions that can be quickly implemented to bring tangible benefits to customers. Our solutions are conceived to help executives on several levels: Front-to-Back Trade management, Treasury Management, Derivatives Accounting and Budget Management.

Contact:
Véronique Piercey
FinRad Inc.
(514) 938-8448 ext. 229
vpiercey@FinlogiK.com