ISDA is working with its members to develop and implement collateral management automated workflows and data standards that will reduce operational, liquidity and counterparty risks.

• Automate workflows
• Holistically manage collateral across products
• Implement Common Domain Model (CDM) data standards and digitization use cases
• Expand eligible collateral

CDM for Collateral Initiatives Use Cases

For more information, go to: CDM-Collateral Initiatives Fact Sheet

The Common Domain Model: A User Journey from Concept to Production

Expanding Legal Agreement Coverage in the CDM: Umbrella Agreements and Contract Amendments (September 2026)

CDM-Collateral Developments: Now is the Time to Implement (April 2026)

CDM Collateral Start-up Guide

This resource is designed to learn more about the CDM for collateral management and how to implement it. This is targeted to the business user and structured as a set of short tutorials, giving you the opportunity to interact with the CDM and understand the features and tools available.

• Module A: Introduction to the CDM
• Module B: Accessing the CDM
• Module C: How the CDM works
• Module D: How the CDM is used
• Module E: Collateral Use Cases
• Module F: Advanced Features

Currently Available

• Document Digitization, including the ISDA Master Agreement and credit support annexes (CSAs) for legacy, initial margin and variation margin:
  Expedite collateral management onboarding and interoperability and decrease operational risks.
• Collateral Representation:
  Streamline eligible collateral schedule data onboarding, interoperability and collateral settlement; improve business as usual data processing across collateralized products; and optimize collateral.
• Margin Call, Collateral Positions and Balance Structure:
  Streamline margin call and collateral inventory data; improve liquidity management and collateral optimization; decrease settlement fails and Treasury Market Practice Group fees; and enable connectivity to digital regulatory reporting.
• Cash Collateral Interest Calculation and Processing:
  Automate cash collateral calculation and payment process and decrease settlement fails.

CDM Collateral Guidance Videos

Series of video clips based on CDM collateral management use cases, provides guidance on the data structures available in the CDM model, covering the various data types and attributes and how to locate them.

• CDM – ISDA CSA Overview Rosetta
• CDM – Eligible Collateral Overview Rosetta

Webinars

• Webinar: The Common Domain Model – Likezero Transforming ISDA Documentation into Data Intelligence
• Webinar: Artificial Intelligence and CDM – Ark51’s Journey to Digitize ISDA Documentation
• Webinar: Using AI and the CDM for Digitized Documentation
• Webinar: CDM – Digital Documentation Reducing Onboarding Time and Resources

CDM Test Sample Data

• CDM test sample data covering various ISDA CSA types and eligible collateral schedules can be reviewed and downloaded here.

ISDA’s Collateral Working Groups

• Margin and Collateral Processing Working Group
• CDM-Collateral Working Group (including members of the International Securities Lending Association and the International Capital Market Association)
• Custodian Collateral Working Group (for custodian firms only)

To participate in any of the working groups above, please visit https://www.isda.org/committees/.

For additional information regarding ISDA’s collateral initiatives, please contact collateralinitiatives@isda.org.

ISDA Collateral Management Resources

• ISDA Margin InfoHub
• ISDA Suggested Operational Practices
  • 2021 Suggested Operational Practices for the Over-the-counter Derivatives Collateral Process
  • ISDA Portfolio Reconciliation, Dispute Management and Reporting Suggested Operational Practices
  • Suggested Minimum Market Standards for Collateralized Portfolio Reconciliation
  • Triparty and Third Party Suggested Operational Practices
  • Notice of Exclusive Control/Pledgor Access Notice Workflow
• Toolkits
  • Automating Collateral Settlement
  • Portfolio Reconciliation and Dispute Resolution
  • Digitizing Documentation