ISDA SIMM® Phase 5 and 6 License Agreement

Firms which are either directly or indirectly subject to global regulatory requirements for the calculation and exchange of regulatory initial margin (IM), may opt to use the ISDA Standard Initial Margin Model or ISDA SIMM® either directly, through their counterparty or their vendor, provided they have executed a licensed agreement with ISDA. Firms which first became subject to regulatory IM requirements on or after September 1, 2021, may obtain a no-fee license for use of ISDA SIMM® by completing the required information and accepting the standard license agreement here. Establishing an account on isda.org is required to complete the agreement.

For information on the SIMM License Agreement for vendors, please contact isdalegal@isda.org.

ISDA AGM Studio: Jacques Vigner, BNP Paribas

Jacques Vigner, ISDA board member and chief strategic oversight officer for global markets at BNP Paribas, speaks with Mark Gheerbrant, global head of risk and capital at ISDA, on the key obstacles to a consistent, risk-appropriate capital framework and how to...

ISDA AGM Studio: Future Leaders in Derivatives

Following publication of the latest whitepaper from the ISDA Future Leaders in Derivatives (IFLD) program, Collateral and Liquidity Efficiency in the Derivatives Market: Navigating Risk in a Fragile Ecosystem, Joel Clark talks to IFLD participants Koen Ottenheijm, senior treasury and...