AcadiaSoft, Inc. has been honored by Waters Technology with the 2017 “Best Sell-Side Compliance Product” award for its AcadiaSoft Collateral Hub. The annual Sell-Side Technology awards program recognizes the leading technologies and third-party vendors throughout the financial industry.
“We are thrilled that the Hub has been recognized by the Waters team for the second year in a row,” said Chris Walsh, Chief Executive Officer at AcadiaSoft. “We aim to continually improve the Hub and to expand its services as demanded by new regulations and the market. This award reaffirms our commitment to that goal.”
This accolade crowns a year of remarkable industry recognition for AcadiaSoft. In 2016, the AcadiaSoft Hub received both the “Best New Sell-Side Newcomer” award from Waters and the “Strategic Transformation Project of the Year” award from The Banker. In January 2017, Risk presented the Hub with its “OTC Infrastructure Service of the Year” award. Finally, the Hub was recently shortlisted by FTF News for the “Best Collateral Management Solution” category in the publication’s 2017 Technology Innovation Awards.
The AcadiaSoft Hub provides the non-cleared OTC derivatives market with a central platform that standardizes and integrates margin calculation, disputes management, reconciliation and collateral transfer.