ArcadiaSoft launches collateral management platform for buy-side

‘Margin automation for collateral management’ solutions provider AcadiaSoft announced the launch of CollateralManager, an end-to-end collateral management platform for all buy-side firms via the AcadiaSoft Hub.
Covering all agreement types – OTC Bilateral, OTC-Cleared, Exchange Traded Derivatives, Repo, MSFTA, Securities Lending and Borrowing – the web-based platform lends itself to asset managers, hedge funds and corporates who have regulatory and operational requirements to automate their internal collateral management process.
With CollateralManager, firms are able to customize dashboards with inventory management – which tracks available collateral from allocation to agreed obligations -, collateral optimization and margin call communication capabilities. Additionally, its position management feature allows firms to set collateral values based on eligibility terms and the latest pricing data. On the AcadiaSoft Hub, participating firms are able to access all the banks currently engaged there.
Chris Walsh, Chief Executive Officer of AcadiaSoft
Chris Walsh, Chief Executive Officer of AcadiaSoft

The software is fully integrated into the company’s margin confirmation service MarginSphere. The service streamlines communications between counter parties engaged in collateral management through automation and electronic messaging.

Chris Walsh, Chief Executive Officer 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. 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. 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.”
Mark Demo, Product Director at ArcadiaSoft
Mark Demo, Product Director at ArcadiaSoft

ArcadiaSoft is a financial industry collaborative agent that provides risk workflow solutions, including margin automation and standards for counterparties engaged in collateral management.

The risk calculation process currently being used by ArcadiaSoft users is based on analyzing their own trade level risk factors for submission to The Hub for reconciliation between the two counterparties and completion of the initial margin calculation.