Powered by

Baton Systems offers native support for ISDA common domain model

Nov 20, 2018 - Global Banking News

Baton Systems has announced native support for CDM 1.0, ISDA's Common Domain Model, a new standard digital representation of what occurs during the life of a derivatives trade, the company said.

The adoption of CDM will facilitate interoperability and consistency of trading data across firms and platforms, enabling clients to quickly and seamlessly connect their existing swaps and derivative systems to the Baton platform and manage the end-to-end trade lifecycle of OTC securities. This inc...