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ISDA Create

the new way to negotiate and execute derivatives documentation

ISDA Create – Initial Margin

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.

Video: On January 31 we launched ISDA Create – IM with ISDA but that’s not all we have in mind for ISDA Create, see what else is coming…

 

The first module, ISDA Create – IM, is an online industry solution that will enable firms to negotiate and execute new margin documentation to meet regulatory initial margin requirements. 

Video: What is ISDA Create - IM?


About ISDA Create – IM

A wide universe of buy-and sell-side firms will come into scope of initial margin (IM) regulations in 2019/20, creating a need to efficiently negotiate IM documentation with large numbers of counterparties.

ISDA Create – IM will provide the means for firms to efficiently negotiate IM collateral documentation with a large number of counterparties simultaneously, and to deliver the documentation electronically into firms’ internal systems. The tool will also make commercial data contained in the IM documentation easily accessible, along with the metadata associated with the negotiation process. This data can then be used for risk management, resource management and other applications.

Advantages of ISDA Create – IM

Main advantages:

> make the negotiation process far more efficient and less time consuming from start to finish.

> provide powerful commercial, risk management and resource management functions, data and analytics.

> remove the need for any post-execution transfer of data from negotiated documentation into internal systems and the chance for error during such a data transfer.

Other advantages:


Timeline

ISDA Create – IM will be launched in early 2019, shortly after the publication by ISDA of its next generation IM collateral documentation. ISDA has also mandated Linklaters to act as its global counsel in connection with the industry consultation and drafting of its next generation IM collateral documentation.

A beta was released in September 2018.

About nakhoda

Our flagship technology solution

nakhoda is Linklaters’ flagship technology and AI platform. We recognise that the real potential of legal AI goes beyond data organisation and extraction. Through nakhoda, we deploy the smartest solutions and ideas in the market, from machine learning to automated legal logic, to deliver products that make a real difference for our clients. Guided by a sharp focus on fusing emerging technologies with deep legal expertise, we are building bespoke, transformative legal tech products for our clients and leading the creation of the next generation of legal risk management and decision-making frameworks.

 > Learn more

 > Our partnership with International Swaps and Derivatives Association

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