AcadiaSoft Unveils OTC Derivs Platform

AcadiaSoft has launched an online over-the-counter derivatives collateral management platform.

AcadiaSoft has launched an online over-the-counter (OTC) derivatives collateral management platform. The new portal is being piloted by Barclays Capital, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley and State Street. The platform offers a unified, automated venue from which market participants can receive, send and confirm margin calls. Through AcadiaSoft, dealers and investors can handle all aspects of collateral communications online, giving parties involved in a trade access to the same information instantaneously.

Click here for the release from PR Newswire.