Find out more about Acadia
What do we do?
Acadia is a leading industry provider of integrated risk management services for the derivatives community. Through an open-access model, Acadia brings together a network of over 3,000 banks and other derivatives participants, along with several market infrastructures and innovative
vendors.
Acadia’s open-access model brings together top banks, asset managers, market infrastructures and vendors to drive innovation and growth across the derivatives ecosystem.We’re making a difference by tackling the biggest issues in the industry, with a focus on regulation, automation, and digitization.
At Acadia, we’re building the future of risk management. And we invite you to join us.
Discover our services
Capital Calculation Service
Leverage industry standard tools for capital calculation.
The Capital Calculation Service is part of the AcadiaPlus Risk Suite of services.
AcadiaPlus is a feature rich open platform for collateral, margin and risk mitigation serving Sell-side, Buy-side and Fund Administrators
IM Backtesting & Benchmarking
Utilize a proven process to help achieve regulatory compliance.
Initial Margin Backtesting & Benchmarking is part of the AcadiaPlus Risk suite of services.
AcadiaPlus is a feature rich open platform for collateral, margin and risk mitigation serving Sell-side, Buy-side and Fund Administrators.
IM Backtesting & Benchmarking
A look back at progress and challenges one year on from UMR and Phase 6 implementation.
In September 2022, the derivatives industry passed a significant milestone in post-financial crisis market reform. The initial margin requirements of uncleared margin rules (UMR) ushered in by the Basel Committee on Banking Supervision and the International Organization of Securities Commissions, were extended to the final group of market participants – or Phase 6 of their implementation.
Find out more about Quant Services and Open Source Risk Engine
Open Source Risk Engine: Meeting the Financial Community’s Need for Transparent Risk Analysis
The growth of open-source software has been nothing short of remarkable.
From its humble beginnings in the early days of computing, open-source software has evolved into a global phenomenon, powering everything from web servers to smartphones and beyond.
One of the key drivers of this growth is the collaborative and inclusive nature of open-source development, which encourages a diverse community of developers to work together, share their expertise, and collectively improve software projects.
Backtesting of Future Risk Factors,
An OpenSource Approach to Validation Case Study
This case study outlines part of a project recently undertaken in the XVA Division of a global investment Bank.
The Bank was looking to replace specific functionalities of its counterparty credit risk (CCR) engine. In this context a Proof of Concept (PoC) project was started to verify that the Open-Source Risk Engine (ORE) would be a viable choice, i.e. that with ORE business as well as regulatory requirements would be adhered to in a more robust and cost effective manner than the current solution.
Acadia’s Open-Source Risk Engine (ORE) - How its expanded functionality provides a real choice for firms
ORE can be used from exotic pricing model coverage across all asset classes, par market risk sensitivities and several flavors of Value-at-Risk (including ISDA SIMM™), a credit exposure simulation framework (including xVAs) supported by extensions for American Monte Carlo, cross-asset modelling, and multi-threading, to standard regulatory capital metrics like SA-CCR, FRTB-SA, and BA-CVA, and a novel Scripted Trade framework supported by Adjoint Algorithmic Differentiation (AAD) – this is a highly robust sell-side pricing and risk engine, rivaling the capabilities of other large software vendors, all freely available in the open source domain under a modified BSD license.
Insights from Acadia
Acadia shares its insights and expertise with the industry via a series of thought leadership, articles, podcasts and more.
Our team shares topical perspectives, aiming to really get ‘under the skin’ of the issues that are transforming the sector.
