AcadiaSoft, Inc., a provider of margin automation solutions for counterparties engaged in collateral exchange worldwide, just announced the appointment of Fred Dassori as Head of Risk Products and Corporate Development. He will assume responsibility for the company’s Risk business segment and oversee external strategic growth initiatives.
Dassori most recently served as president and CEO of Wake USA LLC, a joint venture between Credit Suisse and Tower Research Capital focused on electronic market making of fixed income products. He was also head of automated rates trading at Credit Suisse.
We are excited to welcome Fred to the team at AcadiaSoft,” said Chief Executive Officer Chris Walsh. “Fred’s extensive experience and knowledge of the industry will further our ability to offer innovative and efficient collateral and risk management solutions to our clients.
Dassori’s tenure at Credit Suisse included roles in investment banking strategy, corporate development and equity research. He has also represented Credit Suisse as a board member and advisor in a range of financial technology investments and strategic partnerships, including TradingScreen, ELX, Tradeweb, The Clearing Corp. and the CME’s clearing initiatives in fixed income derivatives. Prior to that, Dassori led product development at Internet Learning Corp., an e-learning start-up based in San Francisco.
I am looking forward to helping AcadiaSoft continue to develop its Risk business,” said Dassori. “There is an enormous opportunity to both enhance AcadiaSoft’s existing services and add to them by working with partners that have complementary expertise. I expect AcadiaSoft to play a critical role in ensuring our clients navigate the increasing collateral and risk management challenges they face during this period of change.
Dassori received a Bachelor of Arts degree from Yale University, an MPhil from the University of Cambridge and an MBA from Columbia University. He will be based in New York and will report to CEO Chris Walsh.