AcadiaSoft launches collateral management solution
13 March 2018 Boston
Image: Shutterstock
AcadiaSoft has launched CollateralManager, a solution that will provide end-to-end collateral management for all buy-side firms via the AcadiaSoft Hub.
The web-based platform provides collateral management assistance for over-the-counter (OTC) bilateral, OTC-cleared exchange-traded derivatives, repo, master securities forward transactions, securities lending and borrowing.
It can also be accessed by asset managers, hedge funds and corporates who have regulatory and operational requirements to automate their internal collateral management processes.
CollateralManager allows firms to customise dashboards with inventory management, collateral
optimisation and margin call communication capabilities. The inventory management capability tracks available collateral from allocation to agreed obligations.
The service also provides position management, which will set collateral values based on eligibility terms and the latest pricing data.
Chris Walsh, CEO of AcadiaSoft, said: “With every global bank and nearly all regional dealers now engaged on the Hub, the natural next step for us is to expand AcadiaSoft’s offerings to the buy-side community.”
He added: “By integrating CollateralManager with MarginSphere, we can provide a one-stop shop for the buy-side’s collateral and messaging needs. Our easy-to-use cloud-based platform will help firms reduce the time and cost previously required to manage collateral and margin calculations.”
Mark Demo, product director at AcadiaSoft, commented: “Collateral management can be especially time-consuming under the new margin rules for smaller side firms that have fewer internal resources.”
He added: “CollateralManager is a light-touch platform that gives access to both collateral management and messaging services across all agreement types. Through this platform, firms will be able to streamline the management of collateral movements and margin payments, thus eliminating the need to rely on spreadsheets and manual processes.”
The web-based platform provides collateral management assistance for over-the-counter (OTC) bilateral, OTC-cleared exchange-traded derivatives, repo, master securities forward transactions, securities lending and borrowing.
It can also be accessed by asset managers, hedge funds and corporates who have regulatory and operational requirements to automate their internal collateral management processes.
CollateralManager allows firms to customise dashboards with inventory management, collateral
optimisation and margin call communication capabilities. The inventory management capability tracks available collateral from allocation to agreed obligations.
The service also provides position management, which will set collateral values based on eligibility terms and the latest pricing data.
Chris Walsh, CEO of AcadiaSoft, said: “With every global bank and nearly all regional dealers now engaged on the Hub, the natural next step for us is to expand AcadiaSoft’s offerings to the buy-side community.”
He added: “By integrating CollateralManager with MarginSphere, we can provide a one-stop shop for the buy-side’s collateral and messaging needs. Our easy-to-use cloud-based platform will help firms reduce the time and cost previously required to manage collateral and margin calculations.”
Mark Demo, product director at AcadiaSoft, commented: “Collateral management can be especially time-consuming under the new margin rules for smaller side firms that have fewer internal resources.”
He added: “CollateralManager is a light-touch platform that gives access to both collateral management and messaging services across all agreement types. Through this platform, firms will be able to streamline the management of collateral movements and margin payments, thus eliminating the need to rely on spreadsheets and manual processes.”
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