(FTF News recently spoke with Chris Walsh, the CEO of Acadia, about the world of derivatives trading after the Uncleared Margin Rules (UMR) reforms take hold. An industry veteran, Walsh had key roles at NYSE Technologies, NYFIX, and Thomson Financial before Acadia. Beginning with a mission to automate manual margin call processing, Acadia has expanded… Read More >>
SmartStream & Acadia Target Collateral Interest Payments
SmartStream System to Use Acadia’s Margin Manager Post-trade solutions vendor SmartStream Technologies is partnering with Acadia, the former AcadiaSoft, which changed its name and mission from a collateral management automation provider to an integrated risk management services vendor for derivatives transactions, officials say. The SmartStream TLM Collateral Management solution “will work alongside Acadia’s interest statements… Read More >>
AcadiaSoft Acquires Quaternion
AcadiaSoft, a back-office collateral management services provider for uncleared derivatives, has acquired Quaternion Risk Management, a front-office, consulting and software provider, laying the groundwork for an integrated, real-time, risk management solution to come, officials say. The transaction will bolster AcadiaSoft’s risk mitigation offerings and is a response to the industry demand for more standardized risk services,… Read More >>
DZ Bank Overhauls Collateral Allocation
DZ Bank’s Group Treasury division has gone live with a revamped collateral allocation system that has instituted a post-trade collateral optimization process to auto-collateralize margin calls and send suggestions of collateral substitutions, report officials from the German bank officials and consultancy Sapient Global Markets, which facilitated the overhaul. The project began with a proof of… Read More >>
CloudMargin Sharpens Collateral Optimization Capabilities
CloudMargin, a provider of web-based collateral and margin management services, reports that it has improved its collateral optimization capabilities to better serve the clearing needs of securities firms. The enhanced optimization combines CloudMargin’s capabilities to source inventory “on a client’s behalf direct from custodians via CloudMargin’s own SWIFT membership,” vendor officials say. Cloud-based collateral management… Read More >>
Risk Analytics Pioneer to Get $10M PE Infusion
Risk analytics vendor Hanweck Associates will be getting $10 million in private equity financing and a large part of that debt and equity package will help fund the vendor’s exploration of innovations for margin and collateral optimization. A New York-based private equity firm, The Argentum Group has secured the financing and will have a cooperative… Read More >>
Brandywine Deploys SunGard’s Apex Collateral System
Investment manager Brandywine Global has selected the Apex Collateral solution from SunGard Financial Systems to “help support its growing collateral management business,” according to a company statement. Some of Brandywine’s most pressing requirements when choosing the solutions were “the ability to comply with increased regulatory demands and improve the client experience by reducing counterparty risk,”… Read More >>
4sight Hires Former Merrill Lynch MD
4sight Financial Software, a provider of software and consultancy services to the securities finance and collateral management markets, reports that it has hired Raymond Blokland as a senior consultant. Prior to joining 4sight, Blokland, with more than 20 years of financial markets experience, was a managing director at Bank of America Merrill Lynch. Previously, he… Read More >>
