®
FinTools
Software
Montgomery Investment Technology, Inc.
Financial Modeling Software and Consulting
Montgomery Investment Technology, Inc.
www.fintools.com
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What is FinTools®?
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OPTIONS XL
EXOTICS XL
BONDS XL
UTILITY XL
RISK XL
QuoteTools
SigTools
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Option Tracker
Financial Calculators
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OptionsCalc
ExoticsCalc
BondsCalc
VolatilityCalc
MITI Mission
Montgomery Investment Technology, Inc.
www.fintools.com
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What is FinTools® ?
Spreadsheet and Database “Add-In”
Programs
 Financial Function Libraries for Developers
for Options, Exotics, and Bonds Pricing,
and Risk Management
 Statistical tools for analyzing historical
price distributions
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Montgomery Investment Technology, Inc.
www.fintools.com
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Customer Benefits
Cost effective and market tested financial
modeling software
 Meets the needs of financial institutions,
traders and corporations in today’s changing
markets
 Pricing and risk management functionality
 Expert product support
 Corporate License discounts
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Montgomery Investment Technology, Inc.
www.fintools.com
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FinTools® Modules
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Option, Exotic, and Bond Pricing Models
for you Spreadsheet, Database or
Application:
– OPTIONS XL
– EXOTICS XL
– BONDS XL
– UTILITY XL
– RISK XL
Montgomery Investment Technology, Inc.
www.fintools.com
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“ What-If ” Scenario Analysis
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OPTIONS XL
Premium Series
Flexible Binomial
Eurodollar Options
Custom Models
Real Options
Montgomery Investment Technology, Inc.
OPTIONS XL
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OPTIONS XL Premium
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Black-Scholes
Modified Black-Scholes
B-S Pseudo-American
Black (futures)
Garman-Kohlhagen (FX)
French
Eurodollar Options
Binomial
Jump-Diffusion, CEV, Lines (custom)
Montgomery Investment Technology, Inc.
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Function: OptionsBS()
Montgomery Investment Technology, Inc.
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OPTIONS XL Templates
Montgomery Investment Technology, Inc.
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OPTIONS XL Binomial Illustrated
Montgomery Investment Technology, Inc.
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OPTIONS XL Flexible Binomial
OPTIONS XL Flexible Binomial Series
allows:
 Flexible input of key option variables
 Stepped strikes, changes in yield over time
 Discrete cash flows, multiple interest rates,
repo rate
 Hybrid ("Bermuda" style early exercise)
 American and European style options
Montgomery Investment Technology, Inc.
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Function: OptionsFlexBin()
Montgomery Investment Technology, Inc.
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FAS123 Toolkit
Montgomery Investment Technology, Inc.
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FAS123 Wizard
Montgomery Investment Technology, Inc.
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FAS123 Wizard
Montgomery Investment Technology, Inc.
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EXOTICS XL
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Average
Barrier
Binary
Chooser
Compound
Montgomery Investment Technology, Inc.
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Currency-Translated
Lookback
Portfolio
Rainbow
Spread
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EXOTICS XL Average
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Theoretical Value and
sensitivities of European
style Average Price / Rate
options using a closed
form geometric average
model.
Monte Carlo method for
time frequency
adjustments
Montgomery Investment Technology, Inc.
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Theoretical Value and
sensitivities of European
style Average Price/Rate
options using a closed
form arithmetic average
model.
Monte Carlo method for
time frequency
adjustments
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EXOTICS XL Calculator
Montgomery Investment Technology, Inc.
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EXOTICS XL Barrier
Allows you to calculate the theoretical
value, delta, gamma, theta, vega, implied
volatility and intrinsic value of European
style “Knockout” and “Knockin” options
using a closed form approach.
 Binomial method for American-style and
Double Barrier options.
 Monte Carlo method for time frequency
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Montgomery Investment Technology, Inc.
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EXOTICS XL Help File
Montgomery Investment Technology, Inc.
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EXOTICS XL Binary
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Allows you to calculate the theoretical
value and sensitivities of more than 25
European style “Binary” options using a
closed form approach.
Montgomery Investment Technology, Inc.
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EXOTICS XL Chooser
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Allows you to calculate the theoretical
value and sensitivities of European style
options using a closed form approach.
Montgomery Investment Technology, Inc.
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EXOTICS XL Compound
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Allows you to calculate the theoretical
value, delta, gamma, theta, vega and
implied volatility of European style
Compound options on options using a
closed form approach.
Montgomery Investment Technology, Inc.
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EXOTICS XL Lookback
Allows you to calculate the theoretical
value, delta, gamma, theta, vega and
implied volatility of European style
Lookback call and put options using a
closed form approach.
 Monte Carlo method for time frequency
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Montgomery Investment Technology, Inc.
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CONTENTS
EXOTICS XL Rainbow
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Allows you to calculate the theoretical
value and sensitivities of European style
options using the Rainbow model.
Montgomery Investment Technology, Inc.
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EXOTICS XL Spread
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Allows you to
calculate the
theoretical value of
European style Futures
Spread options using a
“Black-Scholes
approach”.
Montgomery Investment Technology, Inc.
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Allows you to
calculate the
theoretical value of
European style spread
options using the
“Quasi-Binomial
approach” and a
“Binomial-tree
approach”.
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EXOTICS XL Spread Option Template
Montgomery Investment Technology, Inc.
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BONDS XL
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SIA Standard
International Day Count
Money Market
Bonds Futures
Stepped Coupon
SIA and MSRB
Compliant
Bloomberg Compatible
Montgomery Investment Technology, Inc.
www.fintools.com
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BONDS XL US Standard
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Provides all the standard calculations for:
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US Treasuries
US Agencies
US Corporate
US Municipals
Includes calculations for bonds that are
callable at a premium, and odd-first coupon
bonds
Montgomery Investment Technology, Inc.
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BONDS XL International
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Adds international bond day count
calculations:
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Actual/Actual
30e/360
Actual/365
Various coupons frequencies and compounding
frequencies may be specified.
Montgomery Investment Technology, Inc.
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BONDS XL Calculator
Montgomery Investment Technology, Inc.
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BONDS XL US Bond Futures
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US Bond Futures calculations:
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Conversion factor
Basis price
Break-even rate
Net carry
Montgomery Investment Technology, Inc.
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BONDS XL Money Market
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Bills and Eurodollar
– Act/360, discounted securities
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CDs
– Interest at maturity securities
Montgomery Investment Technology, Inc.
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BONDS XL Stepped Coupon
Multiple coupons over the life of the bonds
 Example: Zero coupon for 5 years, then 7%
coupon for remaining life
 Total rate of return calculations
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Montgomery Investment Technology, Inc.
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BONDS XL Stepped Coupon
Montgomery Investment Technology, Inc.
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UTILITY XL
Montgomery Investment Technology offers
UTILITY XL which is designed to be used
in conjunction with OPTIONS XL,
EXOTICS XL, and BONDS XL.
 UTILITY is updated frequently as new
functions are added.
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Montgomery Investment Technology, Inc.
www.fintools.com
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UTILITY XL
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Historical Volatility
Advanced Price
Distribution Statistics
Forex Calculations
Futures Basis
PV of Dividend Flows
Option Symbol
Creator and Translator
Option Expiry Dates
Montgomery Investment Technology, Inc.
UTILITY XL
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FinTools
for
Excel
www.fintools.com
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Option Expiry Dates
Forex Calculations
Futures Basis
Options Symbol
Creator and Translator
Historical Volatility
Advanced Statistics
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UTILITY XL Volatility Functions
Montgomery Investment Technology, Inc.
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UTILITY XL Volatility Wizard
Montgomery Investment Technology, Inc.
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Volatility Wizard Chart
Montgomery Investment Technology, Inc.
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UTILITY XL Interest Rate Converter
Montgomery Investment Technology, Inc.
www.fintools.com
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RISK XL
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Calculates Value at Risk for a portfolio
consisting of:
– Equities
– Foreign Exchange (FX)
– Futures
Montgomery Investment Technology, Inc.
www.fintools.com
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QuoteTools
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Microsoft Excel add-in
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Automatically imports and formats CBOE
option and LEAP data into Excel
Montgomery Investment Technology, Inc.
www.fintools.com
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QuoteTools
Montgomery Investment Technology, Inc.
www.fintools.com
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SigTools
Provides macros to automatically generate
Signal DDE links within spreadsheet
 DDE- Dynamic Data Exchange
-allows to link real-time, delayed,
or end-of-the-day financial data
into Excel spreadsheet
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Montgomery Investment Technology, Inc.
www.fintools.com
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SigTools
Montgomery Investment Technology, Inc.
www.fintools.com
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Option Tracker For ESOs
Software package to track and value
employee stock option plans
 Enables grants to be valued in the same
database that stores employee and grant
information
 Easy 2- Step Process- Administration and
Valuation
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Montgomery Investment Technology, Inc.
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Option Tracker: Administration
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Employees, Grants, Transactions, and Reports
Montgomery Investment Technology, Inc.
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Option Tracker: Valuation
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Volatility, Dividends, Interest Rates and Valuation
Montgomery Investment Technology, Inc.
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OptionsCalc
An Options calculator that uses BlackScholes, Whaley, Binomial, and Flexible
Binomial Models
 Includes theoretical value, risk sensitivities,
implied volatility and charts
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Montgomery Investment Technology, Inc.
www.fintools.com
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OptionsCalc
Montgomery Investment Technology, Inc.
www.fintools.com
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ExoticsCalc
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Exotic Options Calculator for pricing and
charting – Average Price, Barrier and
Lookback Options
Montgomery Investment Technology, Inc.
www.fintools.com
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ExoticsCalc
Montgomery Investment Technology, Inc.
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BondsCalc
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Bonds calculator for pricing –
- U.S. Treasuries, U.S. Agencies,
Corporations, Municipals, CD’s, Bills,
Bond futures, and more
Montgomery Investment Technology, Inc.
www.fintools.com
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BondsCalc
Montgomery Investment Technology, Inc.
www.fintools.com
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VolatilityCalc
Historical Price Volatility Calculator
 Provides return price distribution and
volatility charts
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Montgomery Investment Technology, Inc.
www.fintools.com
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VolatilityCalc
Montgomery Investment Technology, Inc.
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MITI Mission
Montgomery Investment Technology, Inc. offers an extensive
library of financial functions named FinTools® Software.
These financial models are available as spreadsheet “add-ins” for
Excel, Applix and Lotus 1-2-3.
Developers may license our DLLs and code for use with Access,
Visual Basic, Visual C++ and other toolkits.
Platforms supported include Windows 95/98, Windows NT, Linux,
Sun Solaris 2.x.
Custom programming (Excel VBA, VB, VC++), training seminars,
and financial modeling services are offered.
Montgomery Investment Technology, Inc.
www.fintools.com
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Evaluation Choices
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Download a free demo version
www.fintools.com

Try A Temporary License for 90 days
Montgomery Investment Technology, Inc.
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Key Benefits
Easy to use
 Flexible and powerful calculations
 Design option and bond analysis in Excel
 Use DLLs and LIBs within your developer
toolkit for creating risk management system
 Market tested over 10 years
 Cost effective solutions
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Montgomery Investment Technology, Inc.
www.fintools.com
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Next Steps
For more information please, contact us at:
Phone:
610.688.8111
Fax:
610.688.5084
Email:
miti@fintools.com
 Visit Websites:

http://www.fintools.com
http://www.wallstreetnet.com
Montgomery Investment Technology, Inc.
www.fintools.com
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Thank You!
MONTGOMERY INVESTMENT TECHNOLOGY, INC.
Financial Modeling Software and Consulting
2 Radnor Corporate Center
Suite 121
Radnor, PA 19087
Phone: 610.688.8111
Fax: 610.688.5084
Email: miti@fintools.com
Montgomery Investment Technology, Inc.
www.fintools.com
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