AcadiaSoft and Xceptor Team Up to Address New Margin Rules

[kreslik.news]

Data automation platform Xceptor has partnered with industry margin hub AcadiaSoft to launch a new post-trade service, called Relay, which aims to automate margin calls transactions currently processed by email through the MarginSphere platform.

Relay will most likely be likely available as a premium service on AcadiaSoft, the industry-backed margin hub that represents a collaborative response to new rules that place margin requirements on uncleared derivatives. It will leverage data capture capabilities of Xceptor to automatically recognise, capture and process data from counterparties outside the existing AcadiaSoft network.

The service is expected to support all 26 banks posting initial and variation margin ... (read more)