AcadiaSoft Launches Online OTC Derivatives Collateral Management Platform

Barclays Capital, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, State Street Sign On

LONDON and BOSTON, April 11, 2011 - AcadiaSoft, Inc. today announced the launch of a web-based portal for
collateral management and workflow in the OTC derivatives market, which
substantially improves operational efficiencies for both sell-side and
buy-side participants. The new portal provides a unified, automated venue
from which market participants can receive, send and confirm margin calls,
taking the place of today's less efficient practice of using email, fax and
phone.

Already, the service is being piloted by major market participants –
Barclays Capital, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, J.P.
Morgan, Morgan Stanley and State Street — and there is substantial interest
from other major dealers as well as buy-side market participants.

"The importance of properly managing collateral and counterparty risk has
never been more important than it is today given the growth in the industry
and recent financial market events," said Craig Welch, co-founder of
AcadiaSoft. "Our service replaces the inefficiencies created by the current,
manual approach and offers one that is highly visible and reliable. We
believe the benefits offered will help market participants achieve better
operational efficiencies and help prepare for future growth."

AcadiaSoft allows dealers and investors to manage all aspects of
collateral communications online, giving parties involved in a trade access
to the same information instantaneously. Users may view their collateral
exposures and commitments and make adjustments as needed. All activity is
time stamped, and a fully auditable audit trail of activity is created. Users
can interface with the system through the internet and, in-house collateral
management systems can be seamlessly integrated.

The new service significantly improves the process by reducing
operational risk and by dramatically increasing transparency. Having a
centralized location from which to track and manage margin calls helps avoid
costly and time-consuming errors while also helping to achieve STP. Welch
says additional users are expected to pilot the system soon.

Recently, MarkitSERV, the premier electronic trade processing platform
for OTC derivatives, began offering collateral management services in
partnership with AcadiaSoft. The partnership integrates AcadiaSoft into the
MarkitSERV portal and expands the scope of MarkitSERV's platform for managing
post-trade requirements of OTC derivative transactions.

About AcadiaSoft, Inc.

AcadiaSoft, Inc. offers a unified collateral management workflow
environment that streamlines communications between broker-dealers and
investment managers in the global OTC derivatives market. Owned in part by
several leading financial institutions, it allows market participants to
communicate vital information on exposures, commitments and adjustments
between counterparties in a complete, verifiable and secure manner. Designed
for both sell-side and buy-side, the platform provides a simple solution to
the complex issues associated with collateral management workflow thereby
reducing operational risk, saving time and resources and improving
transparency. Please visit www.acadiasoft.com

Annette Bronkesh, Bronkesh Associates, +1-973-778-8648