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ISDA teams up with Linklaters on online margin document negotiation tool
ISDA has just informed the public that it has partnered with law firm Linklaters to develop an online tool that will allow firms to electronically negotiate initial margin (IM) documentation. The new platform is being built to help facilitate compliance with regulatory IM requirements as a wider universe of buy- and sell-side firms come into scope of the rules. ISDA Create – IM will provide an efficient means for firms to negotiate IM documentation with a large number of counterparties simultaneously, and to deliver and store the documents electronically. The tool will also make commercial data contained in the IM ... (full story)