ISDA Common Domain Model (ISDA CDM)…..Why now?

“The current derivatives infrastructure is hugely inefficient and costly, and there’s virtually no way to implement scalable automated solutions because each firm and platform uses its own unique set of representations for events and processes.

The ISDA CDM will change all of that. By creating a standard representation for events and products,we will enable firms to develop automated solutions that can be interoperable and scalable in a way that has never been done before.

There are always reasons to do nothing and maintain the status quo, but the challenges we face today will not get any easier, and we will never be able to fully harness the potential of new technologies across the industry.

This is a once-in-a-generation opportunity to restructure the foundations of the market, and we need to grasp this opportunity.”

Scott O’Malia, ISDA CEO.


What is the ISDA CDM?



The video above explains the potential benefits of ISDA CDM

This video can also be retrieved with the following link


The video above (with audio) is a tour of the ISDA CDM features

This video can also be retrieved with the following url: the following link

*This video does not represent any form of endorsement by ISDA of any software products.

The video above (with audio) demonstrates how CDM was deployed in the UK FCA and Bank of England’s Digital Regulatory Reporting Pilot.

In the video the CDM is used as a logical model to express reporting rules for EMIR and MiFIR. Providing machine readable rules in an open standard like CDM that could be freely used by all market participants will drive consistent implementation of regulations across the market and drastically improve adherence to regulatory objectives.
This video can also be retrieved with the following url: the following link
*This video does not represent any form of endorsement by ISDA of any software products

Access the ISDA CDM Portal here

(All you need is a name and email address)

Published material on ISDA CDM Format
ISDA CDM Fact Sheet 2019 Publication
ISDA Publishes CDM 2.0 for Deployment and Opens Access to Entire Market Press Release
Digital Asset and ISDA Introduce Tool to Help Drive Adoption of ISDA CDM Press Release
ISDA CDM Deployed to Help Deliver UK Digital Regulatory Reporting Pilot (ISDA members only) Press Release
ISDA CDM WG Digital Representation of IM_VM CSA (ISDA members only) webinar
Testing the ISDA CDM with a DLT Infrastructure (ISDA members only) webinar


Introductory material providing an insight on the business case Format
ISDA: What is the ISDA CDM ? Short video
ISDA Webinar: Introducing the ISDA Common Domain Model – Podcast Short podcast
CDM next Steps Short Newsletter
The Foundations of an Efficient Market Infrastructure: Standards in Data and Processing Newsletter
The Future of Derivatives Processing and Market Infrastructure Whitepaper
ISDA Webinar: The Foundations of an Efficient Market Infrastructure Webinar


Supplemental material and ISDA seminal discussions. Format
ISDA Quarterly: Fixing Common Problem Article
ISDA Quarterly: Building new Foundations Article
ISDA CDM 1.0  CDM Package
ISDA Publishes Digital Iteration of the Common Domain Model Press Release
Introduction to the ISDA CDM Webinar

Documents (0) for ISDA Common Domain Model