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ISLA Contributes to CDM Codebase

ISLA Contributes to CDM Codebase

LondonMay 11, 2021 The International Securities Lending Association (ISLA), a leading industry trade association representing the common interests of securities lending and financing market participants across EMEA, is delighted to announce the contribution of the code produced during the Securities Lending CDM Pilot, completed in 2020 in conjunction with REGnosys, to the core CDM codebase.

This marks the first time components of a non-derivative product have been contributed to the CDM, and is an important milestone in the ongoing development of a truly cross-product model for the benefit of the financial services industry.

See the full press release here.