[Last Updated on April 1st, 2026]
Any party which offers commercial services based on the ISDA Standard Initial Margin Model (ISDA SIMM®) (e.g. SIMM calculation, IM optimization, backtesting, etc.) is required to enter into a licensing agreement with ISDA. Please contact isdalegal@isda.org for more information on licensing the ISDA SIMM®.
The following vendors are licensed to offer services based on the ISDA SIMM®:
Acadiasoft, Inc.*
ActiveViam
Adroit Trading Technologies, LLC
Arcesium LLC
Ares International Corp.
Avaloq Group AG
Bachelier (Hong Kong) Information Technology Co., Ltd.
BlackRock Financial Management, Inc.
Bloomberg Finance L.P.*
Capitolis, Inc.
Cassini Systems Limited*
Cecabank, S.A.
Chicago Mercantile Exchange Inc.
ChinaBond Pricing Center Co., Ltd.*
Clarus Financial Technology Ltd.
Coremont LLP
CRZ Pricing SAS
Cumulus9 Limited*
Ernst & Young (China) Advisory Ltd.*
Everix
Ferential Systems, Inc.
Finalyse Group SA
Finastra Global Limited*
FinMechanics Pte. Ltd.
FIS Systems International LLC*
Goldman Sachs
Hangzhou Era Yintong Software Co., Ltd.*
HazelTree Fund Services, Inc.
ICE Data Services
Initial Margin Limited
ITS Corporation*
Jean Edwards Consulting
KIS Pricing, Inc.
Korea Asset Pricing Co.*
Murex S.A.S.*
Nasdaq Calypso*
NICE P&I Inc.
Numerix LLC
OMNI Risks Management
OpenGamma Ltd.*
OpenLink Financial LLC / Ion Group
OptiMargin
Quantile Technologies Limited
Quaternion Risk Management Ltd.
Qvious, Inc.
RiskX Corp.
S&P Global (IHS Markit)*
SAS
Shanghai Clearing House*
Shanghai Kingstar Software Technology Co., Ltd.
Shanghai Novatouch Information Technology Co., Ltd
Shenzhen Sunline Tech Co., Ltd.*
Siman Systems Ltd.
SS&C Technologies, Inc.
Taliesin LLC
TAS Spa (Newsoft Srl)
The Clearing Corporation of India Ltd. (CCIL)
TriOptima AB*
Value and Risk Services Lux S.à.r.l
Vector Risk
Vermeg
xQuant Technology Company, Ltd.*
ZeroBeta, Inc.
For additional information on the SIMM related services offered by the above parties and their contact information, please see the document attached below.
*These vendors have certified to ISDA that their SIMM calculator has passed the Unit Tests issued by ISDA for SIMM 2.8+2506.
Documents (1) for ISDA SIMM® Licensed Vendors
Latest
ISDA AGM Studio: Benny Crapanzano & Jacques Vigner
Sebastian Crapanzano, ISDA board member, global co-head of financial resources and strategy and global head of market and counterparty risk, institutional securities group, at Morgan Stanley, and Jacques Vigner, ISDA board member and chief strategic oversight officer for global markets...
ISDA AGM Studio: Scott O'Malia and Amy Hong
As ISDA’s 40th Annual General Meeting gets underway in Boston, ISDA CEO Scott O’Malia and ISDA chair Amy Hong speak with Nick Sawyer, ISDA’s global head of communications and strategy, about the big themes of this year’s event, including the...
Webinar: CDM – Digital Documentation Reducing Onboarding Time and Resources
Please enter your name and email below in order to watch this video. [If you have an isda.org account and are logged in, just confirm that the details shown are correct.] Thank you! [contact-form-7 id="1240088" title="Webinar: CDM – Digital Documentation...
Webinar: Using AI and the CDM for Digitized Documentation
Please enter your name and email below in order to watch this video. [If you have an isda.org account and are logged in, just confirm that the details shown are correct.] Thank you! [contact-form-7 id="1240087" title="Webinar: Using AI and the...