Capitolis, the software-as-a-service platform that drives financial resource optimisation for capital markets, has partnered with AcadiaSoft to combine its technology platform with AcadiaSoft’s risk analytics and repository of industrywide margin data.
The combined services will enable greater capital optimisation for financial institutions.
The solution will allow financial institutions to eliminate large and unnecessary positions and find the most suitable party to hold the remaining positions.
It will also enable firms to more efficiently allocate their capital and has the potential to materially impact returns on capital, market liquidity and access to markets.
Capitolis says upcoming regulations such as the Standard Approach to Counterparty Credit Risk (SA-CCR) will have a major effect on the capitalisation of financial institutions.
Gil Mandelzis, CEO and founder of Capitolis, says: “We are thrilled to partner with AcadiaSoft to create an industrywide solution for capital optimisation, during an inflection point for collaboration among financial institutions.”
Chris Walsh, CEO of AcadiaSoft, explains: “Capitolis is reimagining how the capital markets operate. We have been working with their innovative team for a while and are excited to collaborate with a company that shares our vision for enhancing market efficiency and capital consumption for the market in a rapidly changing operating environment.”
AcadiaSoft’s recent acquisition of Quaternion, a specialist risk management firm, further deepens the expertise of the partnership to develop services that firms will be able to deploy.
.jpg)