The International Swaps and Derivatives Association (Isda) has invited bids to build an AI-powered traceability tool to improve transparency and auditability within its Digital Regulatory Reporting (DRR) framework.
Isda has launched a request for quote (RFQ) for the development of a new traceability tool designed to boost transparency and accountability in its DRR solution. The proposed tool will let users trace how and why coding decisions were made within the DRR framework. Isda supports 12 reporting rule sets in nine major jurisdictions It will link each decision back to relevant regulatory requirements. This will create a clear audit trail of the coding process and help firms validate the accuracy