ISDA has selected Gentek AI to develop a new traceability tool for the ISDA Digital Regulatory Reporting (DRR) solution, enhancing transparency for users of the ISDA DRR.
The traceability tool will allow users to look back at the history of DRR decision-making and pinpoint when and why coding choices were made, providing a full audit trail of DRR development. Using artificial intelligence (AI), the tool will extract information from minutes of ISDA working group meetings, giving firms clear visibility into how DRR coding decisions map back to regulatory reporting requirements.
The ISDA DRR uses the open-source Common Domain Model (CDM) to transform a golden-source interpretation of regulatory reporting rules into machine-executable code, making implementation more efficient and cost effective. The ISDA DRR has been applied to eight sets of reporting rules globally and ISDA is committed to supporting 14 reporting rule sets in nine jurisdictions.
ISDA launched a request for quote on October 30, 2025 seeking proposals from firms interested in developing the tool. In making the selection, ISDA considered a variety of factors, including technical and AI expertise, price and delivery time.
“Traceability is a foundational requirement for scalable, trusted digital regulatory reporting. Gentek AI demonstrated a strong alignment with ISDA’s vision for an open, auditable and AI-driven traceability framework that links regulatory text, working group decisions and DRR code in a transparent and sustainable fashion. Development of the traceability tool will strengthen confidence, consistency and accountability across the ISDA DRR ecosystem,” said David Shone, Senior Director, Data & Digital Solutions, at ISDA.
“We’re proud ISDA has chosen to work with Gentek AI on this next phase of Digital Regulatory Reporting. We’re excited to bring our AI and regulatory expertise to drive wider adoption of ISDA’s DRR standards and ultimately facilitate implementation and reduce operational costs for the industry,” said Pierre Khemdoudi, CEO at Gentek AI.
For more information on the ISDA DRR, visit the ISDA Solutions InfoHub.
For Press Queries, Please Contact:
Nick Sawyer, ISDA London, +44 20 3808 9740, nsawyer@isda.org
Joel Clark, ISDA London, +44 20 3808 9760, jclark@isda.org
Christopher Faimali, ISDA London, +44 20 3808 9736, cfaimali@isda.org
Michael Milner-Watt, ISDA London, +44 20 3808 9777, mmilner-watt@isda.org
Nikki Lu, ISDA Hong Kong, +852 2200 5901, nlu@isda.org
Documents (1) for ISDA Selects Gentek AI to Develop DRR Traceability Tool
Latest
ISDA Responds to ESMA on PTRR Clearing Exemption
On April 20, ISDA submitted a response to the European Securities and Markets Authority (ESMA) consultation paper on a draft regulatory technical standard (RTS) for the post-trade risk reduction (PTRR) exemption from the derivatives clearing obligation under Article 4b of the...
Response on Competitiveness of EU Banking Sector
On April 17, ISDA responded to the European Commission’s (EC) targeted consultation on the competitiveness of the EU banking sector. The EU is aiming to bolster the ability of its financial markets and banking sector to grow, remain competitive and...
India Forum Scott O'Malia Opening Remarks
India Derivatives Markets Forum April 16, 2026 Opening Remarks Scott O’Malia, ISDA Chief Executive Good morning and welcome. This is the third year we’ve run the India Derivatives Markets Forum, and the number of people attending has grown each...
Global Trading in INR Derivatives
Global trading in derivatives involving the Indian rupee (INR) has expanded significantly over the past decade, reflecting the currency’s growing role in international hedging and trading activity. According to the Bank for International Settlements (BIS) Triennial Central Bank Survey, the...
