ISDA, the International Capital Market Association (ICMA) and the International Securities Lending Association (ISLA) have announced they are seeking a third-party organization to provide an open-source repository for the Common Domain Model (CDM).
The three associations signed a memorandum of understanding in August 2021 to strengthen collaboration on the future development of the CDM, which establishes a single, common digital representation of trade events and actions across the lifecycle of financial products. The associations are now inviting potential host organizations to provide a service proposal to meet their requirements.
Responding organizations will need to be able to:
- Provide a repository for the open-source CDM, which allows maintenance of the CDM code, open access for its consumption and use by the CDM community;
- Facilitate the growth and maintenance of a community, members of which can contribute to the development of the CDM;
- Allow for the governance of contributions to the CDM to be overseen by the associations; and
- Assist in creating and maintaining awareness of the CDM within the financial services community.
Proposals should be submitted no later than June 17, 2022 at 22:00 BST/17:00 EDT.
To receive a copy of the detailed requirements document and further details, please contact: CDMinfo@isda.org, regtech@islaemea.org or Fintech@icmagroup.org.
Further information on the CDM can be found here:
ICMA resources on the CDM for repo and bonds
For Press Queries, Please Contact:
Nick Sawyer, ISDA London, +44 20 3808 9740, nsawyer@isda.org
Lauren Springer, ISDA New York, +1 212 901 6019, ldobbs@isda.org
Joel Clark, ISDA London, +44 20 3808 9760, jclark@isda.org
Christopher Faimali, ISDA London, +44 20 3808 9736, cfaimali@isda.org
Nikki Lu, ISDA Hong Kong, +852 2200 5901, nlu@isda.org
For General ISLA enquiries, contact: regtech@islaemea.org
For ISLA Press enquiries, contact: press@islaemea.org
Allan Malvar, ICMA, +44 7738 696 451, allan.malvar@icmagroup.org
Documents (1) for ISDA, ICMA and ISLA Seek Third-party Solution for CDM Repository
Latest
FRTB Impact on Correlation Trading
The capitalization of the correlation trading portfolio (CTP) under the Fundamental Review of the Trading Book will have an adverse economic impact for users of these instruments. In particular, there is a lack of clarity and consistency in the application...
ISDA In Review – September 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in September 2025.
A Path to Greater CFTC-SEC Alignment
Earlier this week, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) held a roundtable on regulatory harmonization – an initiative we wholeheartedly support. The US regulatory framework has evolved over time to facilitate financial markets...
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.