Acadia selected as Most Innovative Third-Party Technology Vendor (trading, risk & compliance) at American Financial Technology Awards

Acadia selected as Most Innovative Third-Party Technology Vendor (trading, risk & compliance) at American Financial Technology Awards. Company Receives Acclaim from WatersTechnology for the Second Consecutive Year.

Norwell, MA, December 6, 2024 --- Acadia, an LSEG Business and a leading industry provider of integrated risk management services for the derivatives community, is proud to announce it has been named the Most Innovative Third-Party Technology Vendor at the 2024 WatersTechnology American Financial Technology Awards.

Acadia was selected from a distinguished range of banks, brokers, asset managers, and vendors for its excellence in the deployment of financial technology within investment banking and asset management.

The firm was recognized for its work helping firms achieve optimized operations through its holistic margining programs, including distributing risk across portfolios. In the past year, Acadia’s services have extended margin workflows to new asset classes, building a framework to establish an optimized margin management workflow.

In particular, Acadia was selected for its innovations through a new index decomposition functionality, the 12th update to its Open-Source Risk Engine, and proactive responses to T+1 with an expanded offering to improve settlement efficiency and reduce settlement fails within its Workflow Suite.

Scott Fitzpatrick, Head of Acadia, said:
"It is humbling to be acknowledged by WatersTechnology for this award, and we are thankful for the selection. Since our inception, we have had the pleasure to serve as a trusted partner for financial firms, creating integrated solutions to minimize trading and investment constraints, as well as cutting costs towards compliance. We look forward to continuing our important collaboration with clients and industry participants."

This marks Acadia’s second selection in the American Financial Technology Awards, where, in 2023, Settlement Manager was recognized as the Best New Technology Introduced Over the Last 12 Months – Trading, Risk & Compliance.

WatersTechnology’s American Financial Technology Awards recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities.

ABOUT ACADIA

Acadia is a leading industry provider of integrated risk management services for the derivatives community. Our risk, margin, and collateral tools enable a holistic risk management strategy on a real-time basis within a centralized industry-standard platform.

Acadia’s comprehensive suite of analytics solutions and services helps firms manage risk better, smarter, and faster, while optimizing resources across the entire trade lifecycle. Through an open-access model, Acadia brings together a network of banks and other derivatives participants, along with several market infrastructures and innovative vendors.

Acadia is used by a community of over 3,000 firms exchanging more than $1 trillion of collateral daily via its margin automation services. Acadia is headquartered in Norwell, MA, and has offices in Boston, Dublin, Düsseldorf, London, New York, Manila, and Tokyo.

Acadia® is a registered trademark of AcadiaSoft, Inc.

Acadia is an LSEG Business within the Post Trade division. For more information, visit acadia.inc. Follow us on X and LinkedIn.

Media Contacts:
Laura Craft
Head of Marketing & Corporate Communications, Acadia
laura.craft@acadia.inc
+44 (0)1727 324 5513

Rakin Sayed
Lansons (London)
rakins@lansons.com
+44 207 294 3638