Partnership will see the expansion of e-contracts to help facilitate greater automation in the securities lending markets.
The group of 20 industry bodies have said the outbreak has resulted in a significant delay for both custodians and buy-side firms in carrying out heavy onboarding tasks
BNY Mellon will use the ISDA Create platform to enable its buy-side clients to electronically amend and update their initial margin documents.
Margin analysis by ISDA reflects changes to collateral practices over recent years.
Variation margin rules come into effect on 1 March and several industry associations have called for a ‘transitional period’ to ensure compliance.
ISDA’s research comes following demand for streamlined derivatives processing.
ISDA CEO lays out suggestions where a CCP intervention could take place.
Industry associations have raised several concerns with leverage ratio rules, following BCBS’s request for comments.
Delays to variation margin rules could lead to greater cross-border fragmentation.