“Technology has the potential to significantly improve efficiencies in the derivatives market, but it won’t happen without the development and adoption of standards. … As firms turn to new technologies to increase efficiencies, it is vital that the right foundations are in place to support wide-scale automation and digitisation.” ISDA
Read the ISDA IQ Jnuary 2020 issue to know how ISDA is tackling the standardization issue in capital markets for the benefit of the whole financial industry. Initiatives range from digital definitions sustaining ISDA Master Agreements to digitised documentation. And the foundational constituent of digitisation is the ISDA CDM data model.