AcadiaSoft Inc. just announced that its longtime Board Chairman Howard Edelstein will step down later this year. AcadiaSoft has already started a search for a replacement. Howard Edelstein has been in the company since its very beginning, either as the independent director or Board Chairman. AcadiaSoft CEO Chris Walsh commented on the news: Howard Edelstein…
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AcadiaSoft Inc., the provider of margin automation solutions worldwide, has announced that it is offering two new services to streamline the generation of inputs necessary for margin calculations using *ISDA SIMM™. Market participants that are in-scope for the calculation of initial margin for uncleared derivatives can access risk sensitivities calculation services both through AcadiaSoft and…
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AcadiaSoft Inc., the industry provider of margin automation solutions worldwide, and Quaternion Risk Management Ltd., a risk analytics firm, have announced the formation of a partnership to provide risk services for firms subject to initial margining requirements for non-centrally-cleared derivatives. The initiative couples AcadiaSoft's proven capabilities in automation with Quaternion's extensive quantitative expertise and will…
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AcadiaSoft Inc. has announced the appointment of Lee McCormack as Head of Collateral Product Management and Professional Services. He will be responsible for extending AcadiaSoft's CollateralManager service to new customers and further expanding its capabilities for buy-side firms. We are thrilled to have Lee on board to lead our collateral product management team," said Scott…
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AcadiaSoft, Inc., the industry provider of margin automation solutions for counterparties engaged in collateral management worldwide, today announced a new initiative, Agreement Manager, which will create an industry-wide, authoritative data store of legal and operational collateral agreement information for OTC Derivatives. A new AcadiaSoft Hub service, Agreement Manager, will match, store and exchange new and…
Read moreAcadiaSoft Inc., the industry provider of margin automation solutions for counterparties engaged in collateral management worldwide, has announced that London Stock Exchange Group (LSEG) has taken a minority, circa 16%, stake in the company. Along with this investment, AcadiaSoft has signed a preliminary agreement that will enable further collaboration with LCH SwapAgent on the development…
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AcadiaSoft Inc., the industry provider of margin automation solutions for counterparties engaged in collateral management worldwide, has just announced that the integration into the AcadiaSoft Hub of the six additional in-scope firms under Phase 2 of the new IM rules for non-cleared derivatives has been completed successfully. The additional firms chose to use the Hub…
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AcadiaSoft Inc., the provider of margin automation solutions for counterparties engaged in collateral management worldwide, announced the launch of AcadiaSoft Expert Services, a suite of consultative offerings designed to support firms as they comply with new regulations. AcadiaSoft’s ISDA SIMMTM Approval Guidance, a service providing firms a streamlined, expert-driven process to help obtain permission from…
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AcadiaSoft, Inc., a provider of margin automation solutions for counterparties engaged in collateral exchange worldwide, just announced it has acquired ProtoColl, an end-to-end collateral and margin management service, from The Depository Trust & Clearing Corporation (DTCC). Terms of the deal were not disclosed. This coming March, thousands of buy-side firms and smaller banks will become…
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