ISDA Create is an online solution that allows financial institutions to extract key structured legal and commercial data while automating the creation, negotiation and execution of key derivatives documentation, including ISDA Master Agreements, variation margin credit support annexes, amendments to legacy contracts, regulatory initial margin documentation and account control agreements for certain custodians.
Key Benefits
ISDA Create dramatically reduces the time to draft and agree derivatives documents, enabling firms to trade with new counterparties far quicker than with legacy manual processes, providing faster access to new revenue opportunities.
While ISDA Create increases the speed of the negotiation process and boosts efficiency, it also cuts costs and reduces the potential for error and risk.
Read a paper on the efficiencies and cost savings that can be achieved using ISDA Create, including real-life industry case studies, here.
Contact
Book a demo and join over 375 firms currently in production on ISDA Create.
For more information, please contact the ISDA Create team at ISDACreate@isda.org.
About ISDA Create
ISDA Create allows organizations to generate, negotiate and execute documentation completely online, as well as capture, process and store data from these documents. Originally launched to help firms negotiate initial margin documentation to comply with new margin rules, the platform has been extended to other documents, including the flagship ISDA Master Agreement and non-derivatives documents, such as repo/secured lending documentation.
ISDA Create offers a rich set of user-friendly features, a full audit trail of the negotiation history, risk management tools and real-time transparency on progress with every counterparty – all through a single digital platform.
ISDA Create is a collaboration between ISDA and Linklaters and is powered by CreateIQ, which allows publication and negotiation of non-ISDA documents.
ISDA Create is available to ISDA members and non-members. As an online platform, it’s easy to set up and get started. Contact ISDACreate@isda.org for more information or to request a trial.
Features
For an overview of ISDA Create’s features, click here.
- Automates the creation, negotiation and execution of documentation with multiple counterparties at the same time.
- Improves the efficiency of the negotiation process, making it far less time consuming and enabling firms to start trading with new counterparties much quicker.
- Enhances coordination across an organization by enabling all stakeholders to contribute via a single digital platform, with a full audit trail of the negotiation history.
- Captures the structured legal and commercial data within the documents and enables that data to flow directly through to trading, operational and risk management systems in a consistent way, increasing efficiency and reducing the potential for errors and the need for manual intervention.
- Allows external advisors to draft and negotiate documents on behalf of the user.
- Allows firms to opt for standard elections set out in the system, as well as customize where necessary and without limitation.
- Tracks the status of each negotiation via an interactive dashboard.
- Counterparties are also able to access and utilize Common Domain Model output data from select documents executed on the platform.
Documents Covered
- Regulatory initial margin documentation
- ISDA Master Agreement and schedules (1992 and 2002), including the ISDA Clause Library
- Benchmark reform amendment agreement
- Standard amendment agreements
- Account control agreements
- Variation margin credit support annexes, including the ISDA Clause Library.
Fact Sheets/Presentations
| Date | Title |
| January 2022 | Quick Start Guide |
| January 2022 | Quick Start Guide for Custodian Workflow |
| December 2021 | ISDA Create Overview |
| June 2020 | The new way to negotiate ISDA documentation |
| January 21, 2019 | What is ISDA Create? |
| May 24, 2018 | What is ISDA Create – IM? |
| May 24, 2018 | What is ISDA Create – IM? (Japanese translation) |
Press Releases/Blogs
Webinars/Videos
| Webinars | |
| Date | Title |
| June 17, 2021 | Enhancing Multi-party Umbrella Negotiation: An ISDA Create Demo |
| May 21, 2021 | The Digitization of Legal Data – Why is Everyone Talking About It? |
| October 23, 2020 (Updated on December 8, 2020 with ISDA Create Demo) | ISDA IBOR Fallbacks: Bilateral Templates, ISDA Create and IHS Markit Outreach360 |
| June 30, 2020 | ISDA Create Webinar |
| Videos | |
| Date | Title |
| May 7, 2021 | Easy to Create Documents |
| May 7, 2021 | Easy to Negotiate |
| May 7, 2021 | Manage Legal Risk and Stakeholder Transparency |
| May 7, 2021 | Efficient Client Outreach |
| May 7, 2021 | Accessible Legal Data |
| February 9, 2021 | ISDA Master Agreement and ISDA Clause Library Added to ISDA Create |
| November 19, 2018 | What is ISDA Create – IM |