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ISDA Create

A Solution for the IM Big Bang

With everything else going on, it’s tempting to shove something with a September 2020 deadline to the back of the line. That’s not an option when it comes to initial margin (IM) requirements. With over 1,100 small firms expected to come into scope, each needing to put IM documentation and systems in place, an early start on compliance efforts will be critical. Even then, the industry faces a very real capacity challenge.

ISDA and Linklaters Launch Full Version of ISDA Create – IM

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.

Video: ISDA Create: What Else is Coming?

ISDA Create is a new platform that allows firms to negotiate and execute derivatives documentation online. Developed by ISDA and Linklaters Nakhoda, ISDA Create will dramatically reduce the time it takes to negotiate documentation and allow firms to digitally capture, process and store the data within those documents.

On January 31, ISDA will launch ISDA Create – IM, but that’s not all we have in mind for ISDA Create, see what else is coming in this new video.

AcadiaSoft Partners with ISDA to Streamline Integration with ISDA Create

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.

What is ISDA Create?

ISDA Create is an online solution that allows firms to produce, deliver, negotiate and execute derivatives documents completely online. The system captures, processes and stores data from these documents, providing users with a complete digital record. ISDA Create – IM is ISDA’s first offering under ISDA Create, and allows firms to electronically negotiate and execute initial margin (IM) documentation. ISDA Create will be extended to other ISDA documents over time.

 

Video: What is ISDA Create – IM?

Derivatives trading and processing are becoming more automated, but the legal documents that back these trades are still reliant on paper and wet signatures. This slows down the time it takes to negotiate a document, and creates inefficiencies throughout the whole process.

ISDA CEO Scott O’Malia Opening Remarks at ISDA Tech Forum, NY

ISDA Technology Forum

Opening Remarks: Scott O’Malia, CEO, ISDA

Thursday, November 8, 2018

 

Good morning.

Our event today brings together two worlds – finance and technology.

When these two worlds meet, interesting things can happen. Take, for example, an event I attended in September. By ISDA’s standards, it was pretty unusual.

Firstly, it didn’t take place in a big hotel or conference hall, but in a room under a trendy coffee shop, in an area of London nicknamed Silicon Roundabout.

ISDA and Linklaters Launch Test Version of ISDA Create – IM

ISDA and law firm Linklaters have launched a test version of a new online tool that will allow firms to electronically negotiate and execute initial margin (IM) documentation. The IM module is the first step in a broader push to make ISDA documentation available online through ISDA Create, ISDA’s new digital documentation platform.

ISDA presses the panic button on IM

As market participants are all too aware, following the financial crisis in 2008-2009, G20 agreed to a regulatory reform agenda covering the OTC derivatives market and market participants, including proposals for margin requirements for non-centrally cleared derivatives. The recommendations were finalised in the BCBS-IOSCO’s Final Framework for Non-Centrally Cleared Derivatives, which established the international standards […]

 

Click the link below for the full article - useful in parallel to our earlier papers and the one from ISDA. Bill.

ISDA presses the panic button on IM

As market participants are all too aware, following the financial crisis in 2008-2009, G20 agreed to a regulatory reform agenda covering the OTC derivatives market and market participants, including proposals for margin requirements for non-centrally cleared derivatives. The recommendations were finalised in the BCBS-IOSCO’s Final Framework for Non-Centrally Cleared Derivatives, which established the international standards […]