Open eteridvalishvili opened 2 months ago
Vernon A-S ISDA
Chris Rayner / ISLA
Adam Ulman - SmartStream
Eteri / FINOS
Dharm Kapadia / EquiLend
Amy Caruso/ISDA
Malwina Wasowska-Azemi / CloudMargin
David Shone ISDA
Cris Searle / Clearstream
Khaled Hassani/ Vermeg
Vinit Rao/Nasdaq
Nour Hamida/ Vermeg
Tom Healey/ICMA
William Lo/ MassMutual
Richard Barton/LSEG
CDM Collateral Working Group Minutes
Meeting Host: Vernon Alden Smith, ISDA
July 30th, 2024 - 10 am EST / 3 pm BST
Untracked attendees
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Agenda
Minutes- @eteridvalishvili
Actions-
o 40 act seg account/ transparency to dealer ICMA mentioned they have already looked at CDM for solving problems raised within the ERCC committee in relation to best practices for pair offs and repo substitutions. This includes steps like proposal, acceptance, agreement, transfer, cancel, issue involving SWIFT messaging. These business events and workflows have been built into a demo created within ICMA working groups but not contributed to CDM. ICMA agreed to share the substitution workflow at this working group in a future meeting. One of the vendors present at the meeting mentioned that for their substitutions workflow service, if more of the market were to start adopting CDM standards for specific definitions they could map to CDM to improve workflows via API and STP, creating a better communication network.
If you wish to provide additional feedback on the collateral substitution workflow, please contact valdensmith@isda.org
Zoom info
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