As COO of AcadiaSoft, Walsh will be responsible for the day-to-day business operations of the company.

Over the past two decades, Walsh has been a leader and innovator in the financial messaging field. During the 1990s, Walsh held multiple management positions at Thomson Financial's Electronic Settlements Group where he built, launched and grew its suite of post-trade messaging services. At this time, Walsh was granted multiple patents in this field and was instrumental in the formation of Omgeo, LLC, a joint venture and market-leading post-trade utility. Following Omgeo, LLC, Walsh founded and grew Radius Partners, a financial messaging software provider that was eventually acquired by Fundtech Corporation. Walsh then joined NYFIX, Inc. in 2007 as its global head of order management and strategy where he was part of a team that was able to re-list and eventually sell the front-office messaging leader. Following the acquisition of NYFIX by NYSE Euronext in 2009, Walsh served as a senior vice president in the company's technologies division.

AcadiaSoft's MarginSphere offering is a central messaging service that provides electronic exchange of margin calls, substitutions and interest statements between derivatives counterparties engaged in collateral management. This helps to reduce inefficiencies and manage risk in an automated fashion. MarginSphere was developed through coordinated efforts between AcadiaSoft and a number of the industry's leading banks to ensure that functionalities necessary to address operational efficiencies, manage risk and comply with regulatory requirements are prioritized.

Craig Welch, co-founder and CEO of AcadiaSoft, commented on Chris Walsh's appointment as COO, stating: "Chris's breadth of knowledge in the financial services industry, which spans many areas including trading, investment accounting as well as middle- and back-office operations, will strengthen AcadiaSoft's position as our company continues to cararry a large percentage of the OTC market on MarginSphere."

"I am thrilled to become a part of the AcadiaSoft team," said Chris Walsh, COO of AcadiaSoft. "Counterparty credit risk is a major issue today, and it is an exciting time to join AcadiaSoft as the rapid growth of MarginSphere confirms the important need for an automated messaging system for collateral management."