Acadia

What Acadia does

Acadia is a provider of integrated risk management services for the derivatives community, operating as a business unit within LSEG Post Trade Solutions. Founded in 2005 and headquartered in Norwell, Massachusetts, with LSEG Post Trade Solutions headquartered in London, the company serves a community of over 3,000 firms including banks, hedge funds, asset managers, market infrastructures, and corporate treasuries requiring regulatory initial margin compliance and centralized post-trade workflow tooling. The platform is delivered as cloud-based SaaS and organized into three core solution suites: Streamline (Agreement Manager, IM Exposure Manager, Collateral Manager, Margin Manager, Payments Manager, Settlement Manager, Relay), Analyse (Risk Analytics Lab, IM Threshold Monitor, IM Risk Generator, IM Recalibration Analytics, Pre-Trade Analytics, IM Backtesting and Benchmarking, Capital Calculation, Industry Risk Classification, Data Exploration, Access, Core Risk Generator), and Advise (Model Risk Management and Validation, Risk Model Development and Risk Analytics, Valuations, Financial Modelling and Planning, UMR Compliance).

Underlying the platform is the Open Source Risk Engine (ORE), a quantitative pricing and risk analytics library that powers Risk Analytics Lab and the Valuations service. Acadia monetizes through subscription-based, quote-priced enterprise SaaS contracts sold via direct enterprise sales through LSEG, with the IM Exposure Manager used by the majority of firms subject to Regulatory IM and Margin Manager processing over 14 million margin calls annually. The go-to-market leverages thought leadership content including the Ahead of the Curve podcast, the LSEG Insights blog, LinkedIn presence under LSEG Post Trade Solutions, and recognition across AFTAs, GlobalCapital Derivatives Awards, WatersTechnology Asia Awards, FTF News Technology Innovation Awards, and Risk Markets Technology Awards. Acadia operates without standalone public financials as a division of the publicly listed London Stock Exchange Group.

Name

Acadia

Legal name

Acadia

Website

https://acadia.inc

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Acadia is an integrated risk management SaaS platform for the derivatives community, operating within LSEG Post Trade Solutions. Its Streamline, Analyse, and Advise suites serve 3,000+ firms with margin, collateral, settlement, and analytics tools built on the Open Source Risk Engine.

Ownership category

akta.pro rank

Product category

Derivatives Risk Management Software

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Management Consulting Services (8742)

akta.pro primary industry

Derivatives Collateral & XVA (CSA, CVA/FVA/KVA) (FSACADAK)

akta.pro secondary industry

Risk Modeling & Pricing Analytics (FSAOAIAA)

Keywords

• Derivatives risk management
• Initial margin calculation
• Collateral management services
• Regulatory margin compliance
• Derivatives post-trade solutions

Headquarters

HQ city

Norwell

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Risk Management Platform Services: Acadia generates revenue through subscription-based access to its integrated risk management platform offering suite of analytics, margin, collateral, and settlement tools for the derivatives community.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Acadia provides an integrated cloud-based SaaS risk management platform for the derivatives community, connecting over 3,000 firms through a centralized industry-standard platform. Its three core solution suites—Streamline (agreement, margin, collateral, payments, settlement, and electronic messaging), Analyse/Risk Suite (risk analytics, pre-trade analytics, initial margin tools, capital calculation, and benchmarking), and Advise (model risk management, valuations, financial modelling, and UMR compliance support)—enable real-time risk management across the derivatives trade lifecycle. The platform processes over 14 million margin calls per year and is used by the majority of firms subject to Regulatory IM.

Product overview

Acadia is a leading industry provider of integrated risk management services for the derivatives community, operating as part of LSEG (London Stock Exchange Group). The platform enables a holistic risk management strategy on a real-time basis within a centralised industry-standard platform across a community of 3,000 firms. The product architecture consists of three core solution suites: (1) Streamline - covering agreement management, margin management, collateral management, payments, settlement, and electronic relay messaging; (2) Analyse (Risk Suite) - providing risk analytics lab, pre-trade analytics, IM threshold/risk/backtesting tools, capital calculation, industry risk classification, data exploration, access connectivity, and core risk generator; and (3) Advise - offering model risk management and validation, risk model development, multi-asset valuations using Open Source Risk Engine, financial modelling, and UMR compliance services. The platform processes over 14 million margin calls per year and brings together banks, derivatives participants, market infrastructures, and innovative vendors through an open-access model.

Differentiator

Problem solved

Functional benefit

Brands

• Agreement Manager: Secure, accessible single representation of affirmed agreements data.
• IM Exposure Manager
• Collateral Manager
• Margin Manager
• Payments Manager
• Settlement Manager
• Relay
• Risk Analytics Lab
• IM Threshold Monitor
• IM Risk Generator
• IM Recalibration Analytics
• Pre-Trade Analytics
• IM Backtesting and Benchmarking
• Capital Calculation
• Industry Risk Classification
• Data Exploration
• Access
• Core Risk Generator
• Model Risk Management and Validation
• Risk Model Development and Risk Analytics
• Valuations
• Financial Modelling and Planning
• Open Source Risk Engine (ORE)
• UMR Compliance

Products and services

• Streamline Core product suite providing a secure, accessible single representation of affirmed agreements data, integrated margin and collateral management, payments reconciliation, settlement processing, and electronic relay messaging across multiple asset classes for derivatives participants. Includes Agreement Manager, IM Exposure Manager, Collateral Manager, Margin Manager, Payments Manager, Settlement Manager, and Relay.
• Analyse (Risk Suite) Comprehensive analytics suite including risk analytics lab powered by Open Source Risk Engine, pre-trade analytics, initial margin threshold monitoring, risk generation (CRIF files), recalibration analytics, backtesting and benchmarking, capital calculation, industry risk classification, data exploration, access to vendor partner tools, and Core Risk Generator for corporate treasuries. Includes Pre-Trade Analytics, launched in May 2022, which enables firms to determine the impact new trades might have on existing IM exposure relationships.
• Advise Advisory services suite including model risk management and validation, risk model development, multi-asset class derivatives valuations underpinned by Open Source Risk Engine, financial modelling and planning, and UMR (Uncleared Margin Rules) compliance support.

Quantifiable outcome

• Processes over 14 million margin calls per year
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature9 records

Partnerships

Three partnerships are on record, tiered core.

• ISDA (International Swaps and Derivatives Association)coreStrategic or Co-development PartnerAcadia leverages ISDA SIMM methodology for regulatory initial margin calculations. The platform provides IM Recalibration Analytics enabling firms to predict impact based on latest ISDA SIMM versions, and IM Risk Generator for CRIF file generation aligned with ISDA standards.
• Banks and Derivatives ParticipantscoreTechnology or IntegrationAcadia's open-access platform connects a network of banks and derivatives participants enabling real-time risk management, margin processing, and collateral management across the ecosystem.
• Market InfrastructurescoreTechnology or IntegrationIntegration with market infrastructures as part of the open-access community model for comprehensive post-trade services.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• TriOptima: CME Group-owned platform offering SIMM services, portfolio reconciliation, and trade compression for OTC derivatives. Directly competes with Acadia's IM Exposure Manager and Margin Manager on regulatory IM and post-trade workflows.
• S&P Global (IHS Markit): Through MarkitSERV and related derivatives services, S&P Global operates a major derivatives post-trade and SIMM platform connecting dealers and buy-side. Directly competes with Acadia in regulatory IM and trade processing infrastructure.
• Calypso Technology: Provider of cross-asset trading, risk, and collateral management platforms to banks and asset managers. Overlaps with Acadia's Streamline and Analyse suites, especially in collateral management and risk analytics.
• Murex: Enterprise derivatives trading and risk management platform widely used by sell-side and buy-side institutions. Comparable to Acadia on derivatives risk, collateral, and SIMM-related functionality.

Broad incumbents

• Broadridge Financial Solutions: Large post-trade processing provider offering trade matching, reconciliation, and collateral workflows for derivatives. Competes more broadly across post-trade while Acadia is more focused on derivatives IM/SIMM.
• FIS Derivatives Utility: FIS operates post-trade and derivatives processing utilities including margin and collateral services for banks. Overlaps with Acadia in margin automation and processing as part of a much broader fintech portfolio.
• DTCC: Post-trade market infrastructure for derivatives clearing and settlement, and an early Acadia investor. Comparable on derivatives post-trade infrastructure though focused on clearing vs Acadia's risk/analytics focus.
• Euroclear: International central securities depository with collateral management and post-trade services. Comparable to Acadia's Collateral Manager as part of a broader post-trade franchise and was an early investor.

Emerging players

• Bloomberg (PORT/AIM): Bloomberg's PORT and analytics offerings provide multi-asset risk and analytics for buy-side and sell-side, with derivatives support. Partial overlap with Acadia's Risk Analytics Lab and risk analytics offerings.

Regional players

• ICE (Intercontinental Exchange): Operator of major derivatives exchanges and clearing houses offering related post-trade and risk services. Comparable in derivatives infrastructure scope though primarily exchange-led rather than a SaaS analytics platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AcadiaSoft_
• YouTubeyoutube.com/user/LSEGplc
• Facebookfacebook.com/AcadiaSoft
• LinkedInlinkedin.com/company/acadiasoft-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds4 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Acadia