The taskforce’s initial focus will be the automation of interest rate resets, referencing the 2021 Isda Interest Rate Derivatives Definitions.

The International Swaps and Derivatives Association (Isda) has set up a new taskforce in collaboration with Tokenovate, a post-trade automation platform for financial markets based in Cambridge, United Kingdom. The initiative is technology-agnostic and aims to deliver immediate operational and strategic benefits  The partnership is aimed at accelerating the operationalisation of the common domain model (CDM) and is built within the Fintech Open-Source Foundation (Finos). While the task