“Digital Regulatory Reporting-related initiatives have collectively demonstrated the potential to improve the regulatory reporting process, enabling it to be more efficient, accurate and timely, and less costly,” according to a new paper on DRR from ISDA.
The paper calls out REGnosys’ collaboration with ISDA to develop a DRR pilot as part of the G-20 TechSprint in 2020 – a virtual hackathon organised by the BIS Innovation Hub and the Saudi G-20 president.
It’s just one example of how firms are collaborating on our platform to build an open source, standardised and machine-executable interpretation of the rules. The same platform has also been deployed for the FCA and BoE pilot, the BIS Project Ellipse, and more recently for the CDM implementation of the CFTC Rewrite requirements that are all cited in the paper.
Read ISDA’s full paper here.
30 September 2023
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