June 6, 2024

Acadia’s IM Risk Generator Recognized as Best Compliance Solution at FTF News Technology Innovation Awards

IMRG Receives Further Acclaim for Distinguished Service in Compliance Optimization

Norwell, MA, June 6, 2024--- Acadia, a leading industry provider of integrated risk management services for the derivatives community, is pleased to announce that Initial Margin (IM) Risk Generator (IMRG) has been chosen as the Best Compliance Solution at the 2024 FTF News Technology InnovationAwards. The selection marks IMRG’s third consecutive year it has won the award.

IMRG was selected for its leadership and achievement in improving clients’ ability to meet their compliance requirements. It was chosen by the award’s voters of industry professionals, financial technology providers and clients.

 IMRG minimizes, or in best cases eliminates, the need for users to manually calculate risk sensitivities or generate the CRIF file themselves. Acadia’s broad set of market data enables calculations across clients’ entire trade portfolio. In the past year, Acadia has built out IMRG’s index decomposition ability, allowing users to benefit from up to 50% reductions in IM for some portfolios.

IMRG calculates over one million trade sensitivities on a quarterly basis. Through the entire AcadiaPlus suite, over3,700 firms are enabled to automate the entire derivatives trade lifecycle across nearly 400,000 agreements and moves over $780bn in collateral daily.

 Scott Fitzpatrick, Head of Acadia, said: “We are incredibly proud to once again be selected and are appreciative for the continued support from our clients and industry peers who vote for the award. Our team places a high emphasis on collaborating with clients to deliver products which serve a business need, and we’re excited tosee the successful adoption of IMRG, and our entire Risk Product Suite, as a utility for monitoring and exchanging Reg IM.”

 The FTF News Technology Innovation Awards annually celebrates and recognizes the financial technology vendors, service providers, industry bodies, regulators and professionals that have made significant strides and noteworthy achievements in operational excellence. View the full list of winners here.

 

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ABOUT ACADIA

Acadia is a leading industry provider of integrated risk management services for the derivatives community. Our risk, margin and collateral tools enable a holistic risk management strategy on a real-time basis within a centralized industry standard platform. 

Acadia’s comprehensive suite of analytics solutions and services helps firms manage risk better, smarter, and faster, while optimizing resources across the entire trade lifecycle. Through an open-access model, Acadia brings together a network of banks and other derivatives participants, along with several market infrastructures and innovative vendors.

Acadia is used by a community of over 3,000 firms exchanging more than $1 trillion of collateral on daily basis via its margin automation services. Acadia is headquartered in Norwell, MA and has offices in Boston, Dublin, Dusseldorf, London, New York, Manila, and Tokyo. Acadia® is a registered trademark of AcadiaSoft, Inc.

Acadia is an LSEGBusiness within the Post Trade division. For more information, visit acadia.inc. Follow us on X and LinkedIn

Media Contacts:

Laura Craft

Head of Marketing & Corporate Communications, Acadia

laura.craft@acadia.inc

+44 (0)1727 324 5513

or

Rakin Sayed

Lansons (London)

rakins@lansons.com

+44 207 294 3638

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