London — April 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.