ISDA has announced that Natixis CIB has adopted ISDA’s Digital Regulatory Reporting (DRR) solution, enabling the bank to meet regulatory reporting requirements more efficiently and accurately.
The ISDA DRR uses the Common Domain Model (CDM) – an open-source data standard for financial products, trades and lifecycle events – to convert a golden-source interpretation of regulatory reporting rules into machine‑executable code, increasing the accuracy and consistency of data reported to regulators and reducing the time, resources and costs associated with compliance. Natixis CIB’s adoption follows the recent announcement that LSEG has integrated the ISDA DRR into its TradeAgent post-trade processing platform.
“The adoption of the ISDA DRR by Natixis CIB highlights the increasing demand for a scalable, automated and industry‑standard approach to regulatory reporting compliance. By leveraging the ISDA DRR and CDM, firms can reduce operational complexity, enhance data quality and respond more effectively to evolving regulatory requirements,” said Scott O’Malia, ISDA’s Chief Executive.
“The adoption of the CDM and DRR into production at Natixis CIB marks a critical step towards transaction regulatory reporting data and function rationalization. This initial milestone validates Natixis CIB’s commitment to further modernize its regulatory reporting solution across multiple market segments and reporting jurisdictions. CDM/DRR adoption is paving the way for greater efficiency and agility in meeting evolving regulatory demands, delivering positive value to both Natixis CIB and its customers,” said Nicolas Fenaert, Natixis CIB’s Global Head of IT & Operations.
The ISDA DRR has so far been applied to eight sets of reporting rules around the world and ISDA is committed to supporting 14 core regulatory reporting regimes across nine jurisdictions.
For more information on the ISDA DRR and the CDM, 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 Natixis CIB Adopts ISDA’s Digital Regulatory Reporting Solution
Latest
ISDA Response on Hedge Accounting Guidance
On August 14, ISDA responded to an exposure draft from the Financial Accounting Standards Board (FASB). ISDA broadly supports the FASB’s proposed targeted improvements to hedge accounting, including allowing interest rate hedging of held-to-maturity (HTM) debt securities, recognizing all Secured...
Joint Response to EBA Consultation
On August 12, ISDA and the Association for Financial Markets in Europe (AFME) responded to the European Banking Authority’s discussion paper on certain taxonomy key performance indicators (KPIs) and other aspects of the Disclosures Delegated Act under Article 8 of...
Response to JSCC on Clearing Fund Consolidation
On August 12, ISDA responded to the Japan Securities Clearing Corporation’s (JSCC) consultation on its proposal to consolidate clearing fund consumption, calculation and deposit segmentation across six clearing qualifications under the Financial Instruments and Exchange Act. ISDA members broadly support...
Response on CSDD Guidelines
On August 6, ISDA responded to the European Commission’s (EC) consultation on due diligence guidelines under the Corporate Sustainability Due Diligence Directive (CSDDD). While ISDA acknowledges that model contractual clauses can be a helpful resource for in-scope companies, there are...