AcadiaSoft has appointed John Pucciarelli as director of strategic initiatives.
Based in New York, Pucciarelli will be responsible for maximising the firm’s outreach to initial margin (IM) phase 5 firms.
Pucciarelli joins AcadiaSoft from The International Swaps and Derivatives Association (ISDA), where he served as director of market infrastructure and technology.
While at ISDA, Pucciarelli led margin and collateral initiatives for its membership. He was also responsible for overseeing the implementation of the initial phases of the non-cleared margin rules from an operations and business perspective.
From 2013 to 2017, Pucciarelli co-chaired the ISDA collateral steering committee.
Prior to joining ISDA, Pucciarelli spent six years at AQR Capital Management where he oversaw the firm’s middle office operational functions with a focus on treasury and collateral management as well as equity and fixed income trading operations.
Chris Walsh, CEO of AcadiaSoft, said: “John Pucciarelli's experience as director of market infrastructure and technology at ISDA is a perfect complement to AcadiaSoft's expertise as we continue our effort to become a one-stop-shop for IM compliance and sharpen our outreach effort to IM phase 5 firms.”
Commenting on his new role, Pucciarelli said: “Firms who will be subject to the later phases of the non-cleared margin rules will face several compliance, risk management and operational challenges in the coming years. AcadiaSoft and its suite of innovative products and scalable solutions are poised to meet them all.”
He added: “I am excited to join an organisation with such a diverse group of collateral thought
leaders who understand and anticipate the needs of their clients.”
“As I have done at my tenure with ISDA, I look forward to continuing my work with the industry and bring world-class technology to solve all of the collateral and risk management needs.”
