March 03, 2021
NEW YORK and LONDON, March 3, 2021 /PRNewswire/ LMRKTS, an industry-leading optimization and compression provider, announced today the successful completion of a proof of concept (PoC) for a holistic ISDA Standard Initial Margin Model (SIMM) Optimization across Rates and FX products. LMRKTS led the PoC in conjunction with AcadiaSoft, Inc., the leading industry provider of risk and collateral management services for the derivatives community. The PoC for this new industry service leverages LMRKTS best-in-class mathematical expertise and AcadiaSoft s extensive network and data management capabilities to deliver margin reductions for buy-side and sell-side financial institutions.
Market participants are required to adhere to margin requirements for non-centrally cleared derivatives. Through optimizing ISDA SIMM, market participants can minimize their margin costs while also better managing their risks.
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