Derivatives trading and processing are becoming more automated, but the legal documents that back these trades are still reliant on paper and wet signatures. This slows down the time it takes to negotiate a document, and creates inefficiencies throughout the whole process.

ISDA and law firm Linklaters have now launched a test version of a new online tool that will allow firms to electronically negotiate and execute initial margin (IM) documentation. The IM module is the first step in a broader push to make ISDA documentation available online through ISDA Create, ISDA’s new digital documentation platform.

ISDA’s new video explains the challenges market participants face in manually negotiating IM documents, and highlights the benefits of the ISDA Create – IM.

For more information, please contact isdacreate@isda.org.