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Collateral Obligations: Hub Solutions for a Spoke-and-Wheel OTC Derivatives Landscape

By 4 Sep, 2015November 18th, 2019Insights, Sellside Trends
For observers of the long-running regulatory jigsaw puzzle that is the implementation of G20 nation-mandated reforms for margin requirements for non-centrally cleared derivatives, the news July 7 that little-known US-based financial services technology provider AcadiaSoft received a raft of new financing came as no surprise. In total, AcadiaSoft said that four investment banks – BNP Paribas, Citigroup, Societe Generale and UBS – and post-trade processing infrastructure providers Euroclear and the Depository Trust & Clearing Corporation (DTCC) took a multi-million dollar stake in the software provider. Additionally, AcadiaSoft said that inter-dealer broker ICAP increased the size of its existing investment in the company – which sells margin automation solutions for counterparties engaged in collateral management – bringing the total amount of new capital raised in the financing round to USD 30m.

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