People Moves Round Up: Acadian AM, Unifi AM and Stifel
The past week saw appointments across the trading space in Sydney, New York and London.
The past week saw appointments across the trading space in Sydney, New York and London.
New appointment has previously worked at Goldman Sachs and Dimensional Fund Advisors.
LSEG has held a minority stake in Acadia, which provides risk management, margining and collateral services for the uncleared derivatives markets, since 2018.
Using Acadia’s data tools , clients can run pre-trade standard initial margin model (SIMM) analytics through Bloomberg’s multi-asset risk solutions (MARS) .
Following a one-year delay to UMR, AcadiaSoft is helping firms test initial margin calculations with a mock go-live program.
Partnership will see mutual clients of Cassini and AcadiaSoft benefit from front-to-back margin optimisation.
Counterparties within scope for Phase 4 of initial margin compliance have been onboarded to the AcadiaSoft platform.
Howard Edelstein has been instrumental in developing AcadiaSoft from a FinTech startup since 2009.
Both vendors will combine services for a single collateral platform to help firms meet UMR requirements.
Margin calls and collateral estimates have been automated on the Charles River IMS with the help of AcadiaSoft.