[Last Updated on October 14th, 2024]
Any party which offers commercial services based on the ISDA Standard Initial Margin Model (ISDA SIMMTM) (e.g. SIMM calculation, IM optimization, backtesting, etc.) is required to enter into a licensing agreement with ISDA. Please contact isdalegal@isda.org for more information on licensing the ISDA SIMM.
The following vendors are licensed to offer services based on the ISDA SIMMTM:
Acadiasoft, Inc.*
ActiveViam*
Adenza (Calypso Technology)*
Adroit Trading Technologies, LLC
Arcesium LLC
Ares International Corp.
BlackRock Financial Management, Inc.
Bloomberg Finance L.P.*
Capitolis, Inc.
Cassini Systems Limited*
Cecabank, S.A.*
Chicago Mercantile Exchange Inc.
Clarus Financial Technology Ltd.
Coremont LLP
CRZ Pricing SAS
Cumulus9 Limited*
Everix
Ferential Systems, Inc.
Finalyse Group SA
Finastra Global Limited*
FinMechanics Pte. Ltd.*
FIS Systems International LLC*
Goldman Sachs
HazelTree Fund Services, Inc.
ICE Data Services*
IHS Markit / S&P Global*
Initial Margin Limited
Jean Edwards Consulting*
KIS Pricing, Inc.
Korea Asset Pricing Co.*
MIT (ITS Corporation)*
Murex S.A.S.*
Newsoft Srl
NICE P&I Inc.
Numerix LLC
OMNI Risks Management*
OpenGamma Ltd.*
OpenLink Financial LLC / Ion Group
Quantile Technologies Limited*
Quaternion Risk Management Ltd.
Qvious, Inc.
RiskX Corp.
SAS
Shanghai Clearing House*
Shanghai Kingstar Software Technology Co., Ltd.
SS&C Technologies, Inc.
Taliesin LLC
TriOptima AB*
Vector Risk
Vermeg*
xQuant Technology Company, Ltd.*
For additional information on the SIMM related services offered by the above parties and their contact information, please see the document attached below.
*These vendors have certified to ISDA that their SIMM calculator has passed the Unit Tests issued by ISDA for SIMM 2.6.