IHS Markit and AcadiaSoft Partner on Margin Automation

Business information provider IHS Markit announced an alliance with AcadiaSoft, a provider of margin automation solutions, to connect the firms’ platforms for managing initial margin. According to a story in MarketsMedia, the partnership will help the non-cleared derivatives community comply with margin regulation, as potentially over 1,000 firms are brought into regulatory requirements in phase four (September 2019) and phase five (September 2020). In connecting their platforms, the integration will help shared customers achieve straight-through processing for the entire margin lifecycle, which includes negotiating margin terms, calculating initial margin for each trade, and valuing/exchanging collateral daily.