Digitizing derivative reporting with DRR

Digitizing derivative reporting with DRR

LondonApril 8, 2021 Rachel Wolcott takes the chair to talk to Dawd Haque, Deutsche Bank, PJ Di Giammarino, JWG and Leo Labeis, REGnosys about the industry’s ground-breaking collaborative effort to get derivatives trade reporting right.

The group explains how over a dozen sell and buy-side firms are rolling up their sleeves and working with their key suppliers to take an analogue process and digitize it in order to produce a high-quality picture of the global derivatives market required by new CPMI-IOSCO delivering critical data elements (CDEs). By 2022 the sector will be completely transformed with new, digital standards which can be implemented by thousands of firms via an open-source Common Domain Model which gives firms and their suppliers the chance to align with common test packs.

Listen to the podcast here.