About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

LSEG Agrees to Acquire Risk Management Provider Acadia

Subscribe to our newsletter

Following its acquisitions of MayStreet and Tora earlier this year, London Stock Exchange Group (LSEG) has now turned its sights on the derivatives post trade space by agreeing to acquire Acadia, a provider of derivatives margin processing and risk and optimisation services.

Acadia, established in 2009, provides risk management, margining and collateral services to global financial institutions for the uncleared derivatives markets. The company’s risk and margining products cover all OTC derivative asset classes and provide direct connectivity to over 2,000 market participants, enabling over $1 trillion in collateral exchanges daily.

Following completion, Acadia will be part of LSEG’s Post Trade division, with CEO, Chris Walsh reporting to Daniel Maguire, Group Head of Post Trade, LSEG.

“The acquisition of Acadia is part of LSEG’s strategy to enhance and grow our multi-asset Post Trade offering for the uncleared derivatives space,” commented Maguire. “Our customers are looking for more ways to optimise their financial resources, and Acadia’s services enable significant efficiencies in risk management, margining and collateral. I look forward to working with Chris and the team at Acadia to continue to innovate and drive efficiencies across the derivatives landscape.”

Wlash added: “This transaction is a significant milestone for our business, and we are delighted to be joining LSEG. They have a strong track record serving the derivatives marketplace and combining this with Acadia’s expertise in risk mitigation, margining and collateral will result in exciting opportunities for our clients to optimise their post trade operations more efficiently.”

LSEG originally took a minority stake in Acadia in 2018 and since then has supported the business in driving substantial growth. The two companies share a commitment to an open model, giving customers a choice as to how they process trades. This transaction aims to strengthen LSEG’s provision of resilient and systemically important financial market infrastructure to its customers.

The terms of the transaction, which is subject to regulatory approval, have not been disclosed.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline and modernise the trader desktop are gaining a tangible edge – both in speed...

BLOG

Platform-Led Strategies for Solving Market Data Fragmentation, Cost and Governance Challenges

For any Chief Data Officer or Head of Trading Technology, the line item for market data is both one of the largest and most complex to manage. The challenge is no longer simply about plumbing feeds into applications. It is a strategic imperative to control spiralling costs, integrate a chaotic mix of traditional and alternative...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

What the Global Legal Entity Identifier (LEI) Will Mean for Your Firm

It’s hard to believe that as early as the 2009 Group of 20 summit in Pittsburgh the industry had recognised the need for greater transparency as part of a wider package of reforms aimed at mitigating the systemic risk posed by the OTC derivatives market. That realisation ultimately led to the Dodd Frank Act, and...