Clearing Connectivity Standard (CCS)

The Clearing Connectivity Standard (CCS) is an industry standard that helps improve over-the-counter (OTC) derivatives reporting and communication for asset managers, futures commission merchants (FCMs), central counterparties (CCPs) and custodians. To further the development of this work, ISDA will work with Sapient Global Markets, which initially developed the standard in collaboration with the largest custodian banks and leading FCMs, to provide program management, governance and industry oversight.

CCS will simplify integration with data systems and automate reconciliation in order to improve the communication and reporting of cleared OTC derivatives trades.

Documents (1) for Clearing Connectivity Standard (CCS)

ISDA AGM Studio: Sarah Breeden, Bank of England

Sarah Breeden, deputy governor for financial stability at the Bank of England, speaks to ISDA CEO Scott O’Malia about some of the headwinds facing financial markets in 2025, and how policymakers can address perceived vulnerabilities in non-bank financial intermediation.