With Your Open Source, 


You're in Control.

Acadia Quant is open source in both code and culture, promising you speed, support and complete control of your pricing and risk analysis.

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Open Source Risk Engine.
Openly Trusted.

Acadia isn't just open source, we're also open to providing all the support you need. Meet our friendly Quant team, who are here to help you with everything from software development to quantitative computations.

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Open Source. 

Open Discussion.

5th June 2024. 9:30am - 6:30pm
The LSEG Building, Paternoster Square, London

The Acadia Quant Summit returns to London on 5th June. With agenda-setting discussions, expert-led workshops and extended networking sessions, this is for those who are open to every new opportunity in Quant.

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Meet the Open Minds 

Of Acadia

Acadia’s Open Source Risk Engine (ORE) is the pricing and risk analysis tool that’s trusted and relied upon by the global financial community. Now in its 10th release, ORE is fast, flexible, user friendly and offers the comprehensive analytics you need.

The Benefits

ORE Analytics

ORE’s analytics cover:



  • Financial instrument valuation for a range of derivatives products and bonds across six risk classes (interest rates, foreign exchange, inflation, equity, credit and commodity).
  • Market risk analysis, sensitivity analysis, stress testing, Value-at-Risk.
  • Credit exposure simulation.
  • CSA pricing and XVA calculation.

ORE is flexible and user-friendly

ORE is designed to be accessible to end users and provide:

  • A simple command-line application with input/output files.
  • Transparent interfaces for trade data, market data, system configuration.
  • A detailed user guide with a large range of examples of ORE usage.

The Technical Details

ORE is written in C++ and it is based on QuantLib, the “free/open-source library for quantitative finance”, which in turn depends on the Boost C++ libraries (boost.org). ORE provides a hierarchy of libraries for QuantLib extensions, data management and risk analytics which allow full extensibility. ORE’s SWIG language bindings facilitate integration of ORE with applications written in Python or Java.

Acadia
Case Studies

Open Source Risk Engine is just part of the Acadia Quant story. Meet the Quant Team that’s the secret sauce behind Your Open Source.

Backtesting of Future Risk Factors, An Open-Source Approach to Validation Case Study

The Bank was looking to replace specific functionalities of its counterparty credit risk (CCR) engine. In this context a Proof of Concept (PoC) project was started to verify that the Open-Source Risk Engine (ORE) would be a viable choice

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What our clients are saying

“We're really glad that we decided to participate in the Acadia Phase 5 soft launch. The earlier we can get a view on our IM exposure and how the new process works, the easier it makes our go-live next September.”

Senior Treasury Operations Manager at UK-based Nationwide Building Society

“Complying with the uncleared margin rules under ISDA SIMM can be a complex task requiring a potential drain on internal resources. However, our decision to outsource the IM Backtesting & Benchmarking reporting to Acadia has proven to be an efficient solution for Nordea.”

Head of Risk Control at Nordea

“During the recent environment, the market experienced hugely increased market volumes, while dealing with significant operational headwinds. The Acadia toolkit was instrumental in helping us manage our credit and operational risk through this time of great market volatility.”

Global Head of Rates, JP Morgan

Our Solutions. 

Open to Everything.

Acadia’s Open Source Risk Engine (ORE) is the pricing and risk analysis tool that’s trusted and relied upon by the global financial community. Now in its 10th release, ORE is fast, flexible, user friendly and offers the comprehensive analytics you need.

Book a Meeting

Valuations

Risk Model Development& Risk Analytics

Model Risk Management / Model Validation

Regulatory Compliance& Approval

Finance & Accounting

Open-Source Risk Engine (ORE)

Quantitative Derivatives Pricing & Risk Modeling Program

Open to
Something Bigger.

As part of LSEG, Acadia offers you access to robust technology and security, together with the infrastructure you have a right to expect from a global leader. This is where speed and scale come together with integrity and accountability.

We’re Open for Business.
Book a Consultation Today

Open Source Risk Engine is designed to enable the bespoke solutions your organisation needs. Book a 1-2-1 consultation with a member of our Quant Team today, to find out how it can open up a world of opportunities in pricing and risk analysis.

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Additional Resources

ORE.org

ORE Academy

Quant Solutions

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