A Blueprint for the Optimal Future State of Collateral Processing

The ISDA Optimal Future State Collateral Blueprint is a working document that represents the industry’s collective vision of an ideal collateral processing framework. The fundamental purpose is to design and agree a blueprint that the industry can work towards, which meets the changing demands and challenges of the collateral process. This blueprint is governed by a set of design principles and processing best practices, which are intended to serve as an industry target processing, architectural and control operating model. This will maximize accessibility by market participants while maintaining industry vision. Subsequent iterations of this document may be published to include additional factors based on changing business trends, regulatory changes or other unforeseen circumstances that were not considered at the start of the blueprint’s development.

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Documents (1) for A Blueprint for the Optimal Future State of Collateral Processing

Credit Derivatives Trading Activity Q2 2025

This report analyzes credit derivatives trading activity reported in Europe. The analysis shows European credit derivatives transactions based on the location of reporting venues (EU versus UK) and product type. The report also compares European-reported credit derivatives trading activity to...

Recognition of Cross-product Netting is Critical

US regulators are in the process of making important changes to the regulatory capital framework by proposing modifications to the enhanced supplementary leverage ratio, which should help stop it from acting as a non-risk-sensitive constraint on bank capacity – a...

ISDA, GFXD Response to FCA on SI Regime

On September 10, ISDA and the Global Foreign Exchange Division (GFXD) of the Global Financial Markets Association responded to the Financial Conduct Authority's (FCA) consultation paper CP25/20 on the systematic internalizer (SI) regime for derivatives and bonds. ISDA and the...