AcadiaSoft enters technology partnership with CloudMargin
Latest news
AcadiaSoft enters technology partnership with CloudMargin 26 July 2019Norwell Reporter: Maddie Saghir
Image: Shutterstock
AcadiaSoft has partnered with CloudMargin in a new technology partnership that will provide its clients with a front to back process for collateral and margin management.
The service offers access to AcadiaSoft and CloudMargin鈥檚 solutions via a single sign-on to one platform and provides real-time data and processing information.
AcadiaSoft explained that all parties can view this simultaneously, which will enable end-to-end workflow connectivity.
In addition, AcadiaSoft will integrate CloudMargin鈥檚 cloud-based collateral management service into its core platform to provide a seamless risk and collateral solution.
The partnership will also achieve the mission of both companies to collaborate with industry vendors and other infrastructure providers.
It set to create a fully integrated and modular infrastructure that allows clients to perform the tasks required across the margin and collateral workflow swiftly and seamlessly, it was revealed.
Chris Walsh, CEO of AcadiaSoft, commented: 鈥淥ur collaboration with CloudMargin enhances the industry-wide infrastructure that AcadiaSoft has developed for collateral and margin management.鈥�
鈥淭his partnership enables AcadiaSoft to execute on a key strategic goal of expanding our one connection, one solution initiative in time for the uncleared margin rules regulatory timetable as well as our ability to meet industry expectations of a central service in a swifter timeframe.鈥�
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
Image: Shutterstock 