In the news

The derivatives risk management specialist indicates that this will be first in a series of combined initiatives that will accompany London Stock Exchange Group’s proposed takeover of Acadia, announced in December

SmartStream’s Transaction Lifecycle Management collateral management solution will be available through Acadia’s Margin Manager, alongside the latter’s substitutions workflow product

Lee McCormack, former head of collateral product management and professional services at AcadiaSoft, has been appointed senior manager of partners at Duco

The ORE solution is an open source project that was launched in 2016 and is now in its seventh iteration, providing a core element of Acadia’s derivatives risk services, including its Initial Margin Risk Generator risk sensitivity tool

Massachusetts-based risk vendor indicates that close to 900 firms are actively monitoring their regulatory IM exposure through Acadia’s IM Threshold Monitor and more than 200 firms are contracted to use its IM Exposure Manager tools

Stuart Smith and William Thomey will join Acadia in newly created roles as co-heads of business development in its London and New York offices

Acadia, provider of integrated risk management services for derivatives companies, and Capitolis, the SaaS platform provider, have partnered to launch SA-CCR Optimization

Over 300 of an estimated 330 counterparty groups, covered by Phase 5 of the Initial Margin (IM) rollout under the Uncleared Margin Rules (UMR), have been successfully onboarding to AcadiaPlus

As part of the refresh, Acadia is working with the industry to evolve the risk function from measurement to integrated management

The Quaternion division of AcadiaSoft will be led by its co-founders CEO Donal Gallagher, and chief technology officer Roland Lichters

Chris Dimmick joins as head of relationship management from AcadiaSoft, while James Cosh becomes a senior operations manager from Pirum Systems

The partnership will give KIS Pricing clients access to AcadiaSoft’s Initial Margin Exposure Manager and will also enhance AcadiaSoft’s presence in the South Korean market