Capitolis, a SaaS platform aimed at financial resource optimisation for capital markets, has partnered with AcadiaSoft, an industry provider of risk and collateral management services for the derivatives community.
The partnership combines AcadiaSoft’s risk analytics and repository of industrywide margin data with Capitolis’ proprietary technology platform, which will enable greater capital optimisation for financial institutions.
The solution will allow financial institutions to eliminate large and unnecessary positions and find the most suitable party to hold the remaining positions. This offering will enable firms to more efficiently allocate their capital—as required by the evolving regulatory landscape—and has the potential to materially impact returns on capital, market liquidity and access to markets.
“We are thrilled to partner with AcadiaSoft to create an industrywide solution for capital optimisation, during an inflection point for collaboration among financial institutions,” says Gil Mandelzis, CEO and Founder of Capitolis. “AcadiaSoft’s status as a leader in risk management solutions and its suite of analytics services makes the firm an ideal partner for us in our mission to make the marketplace fairer, safer and healthier for all participants.”
Chris Walsh, CEO of AcadiaSoft, says: “Capitolis is reimagining how the capital markets operate. We have been working with their innovative team for a while and are excited to collaborate with a company that shares our vision for enhancing market efficiency and capital consumption for the market in a rapidly changing operating environment.”
The impact of upcoming regulations like SA-CCR (Standard Approach to Counterparty Credit Risk) will have a major effect on the capitalisation of financial institutions. This partnership brings together two leading firms with a shared commitment to drive down costs in the industry. AcadiaSoft’s recent acquisition of Quaternion, a specialist risk management firm, further deepens the expertise of this unique partnership to develop services that firms will be able to deploy to gain immediate and lasting optimisation results.
