Platform monitors margin calls in OTC derivatives

04/12/2011 | Securities Technology Monitor

AcadiaSoft said Barclays Capital, Credit Suisse, HSBC Holdings, JPMorgan Chase, Deutsche Bank, State Street and other major financial institutions are using its newly launched platform, which monitors margin calls in the over-the-counter derivatives market. The platform is expected to reduce operational risk and errors. "The importance of properly managing collateral and counterparty risk has never been more important than it is today given the growth in the industry and recent financial market events," said Craig Welch, co-founder of AcadiaSoft.

View Full Article in:

Securities Technology Monitor

Published in Brief: