Margining automation vendor AcadiaSoft is targeting MarginSphere 2, the first major upgrade to its flagship platform, at easing the burden of compliance with new margining regulations coming down the pipeline for non-centrally cleared derivatives, officials say. First released in 2009, MarginSphere is an electronic margining platform for over-the-counter (OTC) derivatives that automates the margining process…. Read More >>
OpenGamma Embraces Open Source Margining
OpenGamma, a London-based, privately held provider of over-the-counter (OTC) derivatives trading solutions, says it is “working with dealers and other OTC derivatives market participants to deliver an open source model to calculate the margin on bilateral derivatives trades.” The solution will “implement the final Standard Initial Margin Methodology,” being developed by the International Swaps and… Read More >>
