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Rackspace Technology, Inc.: Rackspace Technology Migrates FINCAD Application Resulting in Better Performance, More Automation and Streamlined Management for the Financial Services Company


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SAN ANTONIO, May 13, 2021(NASDAQ: RXT), an end-to-end, multicloud technology solutions company, announced today its collaboration with FINCAD, a global provider of multi-asset valuation and risk analytics for derivatives and fixed income, to migrate its legacy application to Amazon Web Services (AWS) for better performance, more automation, and streamlined management.
FINCAD, a Canadian financial services company, builds software designed to value financial derivatives serving both retail and institutional investors, including banks, insurance companies and hedge funds. The software helps investors make informed investment and risk decisions with on-demand calculation and analysis of derivatives, alternative reference rates and pricing verifications.
FINCAD partnered with Onica, a Rackspace Technology company and an AWS Premier Consulting Partner, to provide support and guidance through the migration of FINCAD s web application allowing it to run on more performant ....

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