HSBC Securities Services will partner with AcadiaSoft to deliver a full end-to-end independent Initial Margin Service for its clients who are preparing for Phase 5 and Phase 6 regulatory initial margin. This functionality will enable HSS to calculate initial margin in compliance with the ISDA standard initial margin model (SIMM) independent of the clients’ counterparty. In order to assist clients who are coming into scope for Phase 5 and 6, HSS will also offer an Initial Margin monitoring service using AcadiaSoft, prior to going live with the full service.
