Acadia’s IM Risk Generator Recognized as Best Compliance Solution by FTF News
Acadia Honored for Technology and Business Innovation that helps Clients Comply with UMR Regulation
Norwell, MA, May 12, 2022--- Acadia, the leading industry provider for integrated risk management services for the derivatives community, is pleased to announce that its Initial Margin (IM) Risk Generator Service has been selected as the Best Compliance Solution at the 2022 FTF News Technology Innovation Awards.
IM Risk Generator was chosen as the best solution which delivers distinguished service to help a firm meet their critical compliance need required for the Uncleared Margin Rules (UMR). The award recognizes Acadia’s continued leadership in an evolving industry by assisting clients in generating risk sensitivities required for their initial margin calculation.
Chris Walsh, CEO of Acadia, said: “To win such a prestigious award and be recognized for the hard work that led to our market-leading innovations is truly an honor. It is also a testament to the strong partnership Acadia has with firms that led to the development of IM Risk Generator. We are excited to deepen our collaboration with our clients and build upon our Risk Product Suite as we continue to serve as a community hub within the derivatives industry.”
Acadia’s IM Risk Generator, which is developed on an open sourced risk platform developed by Quaternion – a division of Acadia, is used by a significant number of Phase 5 firms to help them calculate risk sensitivities. Clients are provided with a unique user interface and an automated, straight-through process that begins with streamlined position data inputs and ends with a completed IM exposure amount that is incorporated into a margin call calculation. Through its integration with Acadia’s IM Exposure Manager, the IM Risk Generator service facilitates a seamless workflow that drives the calculation of initial margin requirements and culminates in collateral transfer, lowering costs for clients through a mutualization of services.
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 the 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 life cycle. Through an open-access model, Acadia brings together a network of banks and other derivatives participants, along with several market infrastructures and innovative vendors.
Backed by 16 major industry participants and market infrastructures, Acadia is used by a community of over 2000 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. For more information, visit acadia.inc. Follow us on Twitter and LinkedIn.
ABOUT Opensource Risk Engine (ORE)
Acadia’s Open Source Risk Engine is an XML based standard geared towards pricing and analytics of derivatives and other financial instruments. It establishes a open-source protocol for describing and sharing financial instrument information electronically. For more information visit opensourcerisk.org and also listen to the podcast here. ORE is sponsored by Acadia.
Acadia® is a registered trademark of AcadiaSoft, Inc.
Media Contacts:
Laura Craft
Head of Marketing & Corporate Communications, Acadia
or
Brendan Terry
Lansons
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