AcadiaSoft rebrands as Acadia
AcadiaSoft Inc, an industry provider of integrated risk management services for the derivatives community, has re-branded as Acadia.
The brand refresh comes after the company further bolstered its risk management capabilities in February with the acquisition of Dublin-based Quaternion, a culmination of Acadia’s transformation from a pure software company to an industry standard platform over the past decade. Acadia enables a network of banks and other derivatives firms to improve efficiency and mitigate costs.
The shift to Acadia comes at a time when the derivatives industry is at a massive inflection point, with the next decade ushering in the future of integrated risk management. New technologies and the availability of more insightful data are now enabling firms to manage risk better, smarter and faster. Acadia is working with the industry to evolve the risk function from measurement to integrated management. This will be achieved by streamlining risk measurement, risk analysis and risk mitigation, and follows Acadia’s successful efforts to standardise collateral management. This allows firms to address their overall risk strategy holistically and on a real-time basis.
Acadia’s future roadmap is focused on helping clients achieve regulatory compliance, optimise their collateral and liquidity, and manage their capital more efficiently. These areas enable firms to utilise their resources more productively and ultimately remain more competitive.
Chief Executive Officer, Chris Walsh, says: “Over the past decade, it’s been a privilege to watch Acadia evolve from our beginnings as a software company to what we are today: a fully-integrated risk management provider for firms engaged in derivatives trading. We are still in the early stages of this seismic shift towards the future of risk management, but demand for an integrated, automated and centralised risk management solution is growing by the day. As we lead the industry towards this integrated risk management, we’re proud to begin our next chapter as Acadia.”
Laura Craft, Marketing Director, says: “The brand refresh comes at a pivotal moment for the company, following the recent expansion of our risk management suite of services. The brand name Acadia not only reflects the industry's shorthand for our firm, but it also represents the future, as we continue expanding our highly-advanced risk platform.”