Integrated risk management services provider Acadia has launched data analytics platform Data Exploration (DX) suite.
DX is designed to provide accurate and real-time data for collateral, margin and risk mitigation, serving fund administrators, as well as sell- and buy-side firms.
The suite hopes to allow users access to timely data across their end-to-end process, such as volume breakdowns by date, organisational and agreement details, pledged collateral trends and breakdowns, in addition to dispute monitoring.
The platform — available within the AcadiaPlus platform through standard and premium dashboards — enables users to access industry comparisons and peer group benchmarking analysis to understand their position in the market, according to Acadia.
It will also help clients to identify operational inefficiencies and heighten client margining processes by producing industry-standard measurements required for quantifiable process improvement.
Commenting on the launch, Acadia’s co-head of business development Stuart Smith says: “Data is fundamental to the way our world works; more and more firms are finding the sheer volume of data an industry-wide challenge.
“Data at this volume can become disparate, needlessly duplicated and ultimately overwhelming. We have designed DX to extract meaning from the masses of data and centralise the information as a single data layer.”
Chris Walsh, CEO of Acadia, adds: “We are proud to offer our users the data platform that provides rich insight, enabling them to increase operational efficiencies and scale their business.
“This level of accessibility will have such a meaningful impact on how firms approach everyday processes and longer-term planning. When the data you need is presented in a way that suits you, there are less obstacles to achieving best practice.”
