Cassini Systems, pre- and post-trade margin analytics provider, announced a new initial margin (IM) partnership with risk and collateral management services provider, AcadiaSoft Inc. The collaboration will give Cassini clients automated access to AcadiaSoft’s reconciliation platform, Initial Margin Exposure Manager (IMEM), creating a one-stop shop for IM requirements across cleared and bilateral over-the-counter (OTC) and exchange-traded derivatives transactions.
Cassini clients will be able to use the firm’s pre-trade analytics to make key decisions on how best to execute a transaction, as well as forecast and optimize their portfolios. The partnership will enable them to send Cassini-generated CRIF (Common Risk Interchange Format) end-of-day files to IMEM for reconciliation on the AcadiaPlus platform. IMEM is reconciliation and dispute management platform for uncleared Initial Margin.