Hazeltree Enhances Hazeltree Collateral Manager™ With AcadiaSoft Partnership

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Hazeltree Enhances Hazeltree Collateral Manager™ With AcadiaSoft PartnershipGlobeNewswireFebruary 20, 2020NEW YORK and LONDON and HONG KONG, Feb. 21, 2020 (GLOBE NEWSWIRE) -- Hazeltree, the leading provider of integrated treasury management and portfolio finance solutions, today announced the expansion of Hazeltree Collateral Manager™ to include Standard Initial Margin Model (SIMM) calculations in partnership with AcadiaSoft. This new partnership helps clients to meet their obligations under Phases 5 and 6 of the Uncleared Margin Rules (UMR). Under the new rules, derivatives trading relationships become increasingly complex, requiring both sides of each transaction to calculate daily Initial Margin (IM). Calculating bilateral margin under SIMM requires sophisticated risk, sensitivities and market data inputs across all covered trading with each respective counterparty.

Source: AsiaOne