Acadia - An LSEG Business

We're excited to share some key highlights that made 2024 an exceptional year at Acadia. This journey wouldn’t have been possible without the unwavering support of our clients and partners - we are truly grateful for your trust and collaboration. Take a moment to explore the notable events and achievements that shaped our year as we look forward to continuing our growth together. Wishing you warm seasonal greetings and a joyful start to 2025!

Acadia has been selected as the Most Innovative Third-Party Technology Vendor (trading, risk & compliance) at this year’s WatersTechnology.com American Financial Technology Awards! Scott Fitzpatrick, Head of Acadia said: “It is humbling to be acknowledged by WatersTechnology for this award and we are thankful for the selection. Since our inception, we have had the pleasure to serve as a trusted partner for financial firms, creating integrated solutions to minimize trading and investment constraints, as well as cutting costs towards compliance. We look forward to continuing our important collaboration with clients and industry participants.” To read the full announcement click here: https://hubs.ly/Q02-Kpnf0 The full list of winners can be found here: https://hubs.ly/Q02-KLBW0

Meet our team : Initially drawn to Acadia by its entrepreneurial spirit and close-knit, family-like culture, John Pucciarelli has been a valued member of the team for six years. Currently serving as Director of Industry Engagement and Head of Partnerships, John has held key roles in regulatory strategy, sales, and relationship management, contributing significantly to Acadia’s success.   With nearly 30 years of experience in collateral, treasury management and regulatory compliance across retail brokerage, prime brokerage, and asset management, John brings a wealth of expertise to his work.   Throughout his career, he has learned the importance of building trust, honesty, and transparency in relationships with clients, partners, and colleagues. John advises the next generation of post-trade industry professionals to stay curious, forge meaningful connections, cultivate a strong network, and commit to lifelong learning and to always seek truth.   Outside of work, John enjoys playing golf, spending quality time with family and friends, traveling, and outdoor adventures like hunting and fishing.

As 2024 comes nearer to a close, we’re thrilled to highlight the top three podcasts of the year from our ‘Ahead of the Curve’ series, each delving into critical topics within the industry: 'Upcoming Regulation: A 2024 Outlook' focused on key regulations that will shape the future of the industry, including the decade-long journey of SIMM and the implications of other key regulations on the global market. 'Implementing Open-Source Risk Engine' touched upon the merits of Open-Source Risk Engine (ORE) and explained the myriad of resources available to assist in implementing the software. 'Unpacking the Agenda - Part 3' included discussion on a range of topics, including the benefits and adoption of the Common Domain Model (CDM), through to reflections on the advocacy and impact of the latest capital reforms, including Basel III end game. You can watch the podcasts here: • Upcoming Regulation: A 2024 Outlook: https://hubs.la/Q02ZNKK80 • Implementing Open-Source Risk Engine: https://hubs.la/Q02ZNKxV0 • Unpacking the Agenda - Part 3: https://hubs.la/Q02ZNLRg0

We are honoured to be recognised in the Risk Markets Technology Awards alongside our colleagues in LSEG Post Trade. This is a huge team achievement that spans multiple businesses.

Scott Fitzpatrick has been working in the financial technology sector for over two decades, witnessing both the evolution and innovation of this ever-changing space. Drawn by its fast-paced, entrepreneurial spirit, Scott first joined Acadia ten years ago as a consultant to support its clients with the launch of UMR Phase 1. During his time as Chief Operating Officer and subsequently as Head of Acadia, Scott is particularly proud of the company’s collaboration with clients to complete each phase of UMR, with the particular help of IM Risk Generator’s introduction to the market. Since LSEG’s recent acquisition of Acadia, Scott has held the Chief Operating Officer position within LSEG Post Trade Solutions. For Scott, developing strong communication and leadership skills is key for those wanting to work and thrive in this space.

Did you catch our latest podcast? Acadia’s Director of Industry Engagement, John Pucciarelli, and Stuart Smith, Co-Head of Business Development, recently joined the Ahead of the Curve podcast to unpack the transition from ISDA SIMM 2.6 to 2.7. They covered it all - from key updates in SIMM 2.7 to actionable insights for firms navigating the leap. Packed with a range of thought-provoking insights, this episode will be very useful for firms adapting to the recalibrated model. Listen now: https://hubs.la/Q02YKnTn0 Watch now: https://hubs.la/Q02YKltQ0

It was great to welcome guests to our New York Client Event yesterday. With expert speakers from LSEG’s Post Trade Solutions, Goldman Sachs, Microsoft, BNY and ISDA, we explored everything from emerging technologies to the regulatory outlook for 2025. A huge thank you to our clients and all our speakers for a valuable and insightful event. Malik Dussaud Steven Kennedy Nikhil Sachdeva Hershal Shah Peter Altero Jr. Fred Dassori John W. Horkan Claire O'Dea John Pucciarelli Stuart Smith Roland Stamm Will Thomey

Yesterday, Acadia hosted an Open Source Risk Engine masterclass in New York, to demonstrate some of the recent advances in ORE analytics, architecture and modelling, including stress testing, parallel processing and restful services. Hosted by Devin C., James Mac Hale and Roland Stamm, the masterclass was a great opportunity for the quant community to learn more about the power of ORE. Thank you to all who attended.

Recently, we released a case study highlighting our work with the XVA Division of a global investment bank looking to upgrade parts of its counterparty credit risk engine. The case study shows how ORE was able to serve in that role and enable higher levels of regulatory compliance in a cost-effective manner. To show ORE's impact in this scenario, the paper highlights ORE’s applicability for risk factor evolution within the context of potential future exposure through a backtesting analysis. This notes how ORE can be utilized by the industry as a productive risk management system. Read the full case study here for more on how open-source technologies can help financial institutions navigate current and future regulatory environments: https://hubs.la/Q02XWpLp0