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HazelTree partners with AcadiaSoft to automate hedge fund collateral management process

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HazelTree has partnered with AcadiaSoft to enhance the Collateral Management capabilities of the HazelTree Integrated Treasury Management Solution.

The enhanced solution aiming at delivering seamless integration between the industry’s leading treasury management and margin automation solutions. It is expected to be generally available in the first quarter of 2016.
 
The HazelTree Integrated Treasury Management Solution serves hedge funds, fund administrators, managed account providers and family offices with powerful, proactive performance enhancement and risk mitigation capabilities. The HazelTree Collateral Manager enables firms to correctly identify, analyse and value collateral, interfacing with either an in-house or third party accounting system or administrator to provide visibility across its range of positions. HazelTree’s Collateral Manager handles any product covered within an ISDA CSA and GMRA.
 
Being integrated into the HazelTree Collateral Manager is the AcadiaSoft MarginSphere service, a margin confirmation community that streamlines communications between counterparties engaged in collateral management. Its expanded functionality will allow market participants to communicate vital information on exposures, commitments and adjustments between counterparties in a complete, verifiable and secure manner via electronic messaging. The integration will enhance HazelTree’s solution to the complex issues associated with collateral management workflow, further reducing operational risk, saving time and resources and improving transparency, while providing the MarginSphere community with seamless access to HazelTree’s community of hedge fund and asset manager clients.
 
“Collateral Management is integral to treasury management and it is becoming increasingly complex and difficult to manage due to a range of regulatory and other factors,” says Stephen Casner (pictured), Chief Executive Officer of HazelTree. “Our partnership with AcadiaSoft brings best-in-class collateral-management enhancements to our platform and will provide HazelTree customers with additional opportunities to improve business results through reduced risk and more efficient operations.”
 
“Our strategic partnership with HazelTree provides AcadiaSoft with seamless access to HazelTree’s impressive roster of hedge funds and asset managers which is important to the continued expansion of our margin confirmation community,” says David Radley, Client Engagement Director of AcadiaSoft. “By working together, HazelTree and AcadiaSoft will further the implementation of industry standards for the margin process – a critical element of Dodd-Frank and Basel III compliance.”

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