ISDA and law firm Linklaters have today launched the full version of ISDA Create – IM, a new online solution that automates the process of producing and agreeing initial margin (IM) documentation and facilitates the creation of valuable structured legal data.
An early mention of ISDA Create, a platform intended to boost the process of completing new margin agreements.
AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community, and the International Swaps and Derivatives Association, Inc. (ISDA) today announced the formation of a partnership to streamline integration between ISDA Create and AcadiaSoft’s AgreementManager offering.
How many margin agreement platforms does the industry need?
The issue of contractual continuity in the over-the-counter (OTC) derivatives market following the exit of the UK from the EU (referred to Brexit) is a subject of considerable concern to firms and their clients and counterparties and should, we believe, be of considerable concern to UK and EU-27 regulators and policy-makers alike.
In the context of Brexit, contractual continuity relates to existing transactions and refers to both:
Three companies – international legal practice Allen & Overy, business information provider IHS Markit and SmartDX™ from customer communications management leader Smart Communications™ – have come together to launch Margin Xchange™, a new product for the derivatives market.
A new book on the ISDA 2016 VM CSA provides useful background on regulation, and shows how to implement an English Law or New York Law CSA.
As seems to become clearer as time passes, there might not be too many alternatives for the UK’s financial sector if the UK wishes to gain access to the single market post-Brexit. In fact, the EU recently rejected many of the solutions that the UK still clings to when it finally granted Norway permanent access to the markets. Judging from that experience, the EEA solution presents itself as the least unrealistic of the UK’s options.
In an on-going series of conversations we have been talking to practitioners in the legal space about their views on how the role of lawyers and their activities are changing.
The team here at The OTC Space are pleased to announce the availability of the downloadable PDF edition of Rocket 10 (in the attachments section below). Formatted in landscape to fit your computer or portable device screen, this edition contains inside information on what's happening in the industry. The PDF is attached below, and contains a great set of articles from previous and new authors.