Download PDF

Korea Asset Pricing (CEO Joon-Yeon Kim, Tae-Kwan Kim) announced the establishment of formal partnership by signing a license agreement with AcadiaSoft’s (Headquartered in the US) service development tool (Initial Margin toolkit including IM Exposure Manager – the global standard for calculation and reconciliation of Initial Margin). AcadiaSoft is a distinguished leader in the risk and collateral management service required for trading non-clearing OTC derivatives. Korea Asset Pricing signed a SIMM (Standard Initial Margin Model) license agreement with ISDA (International Swap & Derivatives
Association) on July 22nd, 2019, and completed the SIMM v2.2 unit test on December 5th, 2019. KAP have supported the establishment of the UMR (Uncleared Margin Rules) in Korea. In order to broaden the understanding of the UMR, it is reported that KAP signed a confidentiality agreement with AcadiaSoft, an international leader in the fields, in February of this year. With continuous business exchanges, KAP signed the API license agreement this month. An official from Korea Asset Pricing commented, “With a license agreement with AcadiaSoft, we are able to provide necessary services when trading non-cleared OTC derivatives that meets the international standards.”.

About AcadiaSoft
AcadiaSoft, Inc. is the leading industry provider of risk and collateral management services for the non-cleared derivatives community. AcadiaPlus is a new generation open platform that provides the sell-side, the buy-side and fund administrators with specialist applications and a third-party partner ecosystem for the straight-through processing of the entire risk mitigation lifecycle. Backed by 16 major industry participants and market infrastructures, AcadiaSoft is used by a community of more than 1350 firms exchanging approximately $700B of collateral on a daily basis via its margin automation services. AcadiaSoft is headquartered in Norwell, MA, and has offices in London, New York and Tokyo. For more information, visit Follow us on Twitter and LinkedIn.

Laura Craft
+44 20 3954 0196

Eleis Brennan
+1 212-754-5610