Company: Acadia and Industry Risk

company: Edelstein has served on the Board of Acadia Soft since the founding of the company, either as the independent director or Board Chairman, according to The Independent. Howard Edelstein was a prime mover behind Acadia Soft's transition from a fintech startup funded by a handful of investors to an industry collaborative comprised of 17 global banks and infrastructures, including CME, LSE, DTCC, and Euroclear, said Acadia Soft CEO Chris Walsh. The company plans to immediately begin a search for a replacement. Acadia Soft is now an industry-governed and majority-owned private Reg Tech company focusing on compliance with Uncleared Margin Rules and other related sources of systemic industry risk, and I can't thank Howard enough for his enormous contributions in establishing this company over the past decade. Today Acadia Soft is a mature, well-funded company that has emerged as the industry standard for managing risk related to the posting of margin and collateral. Back in 2009 when I first got involved, Acadia Soft was a promising idea being incubated by its founders, Craig Welch and Dan Moyse, whom I had worked with at Thomson and Omgeo developing similar innovations in risk mitigation, Edelstein said. (news.financializer.com). As reported in the news.