Design discussion on the ISDA Common Domain Model

2017/11/29 by Christopher D. Clack, Clack, Christopher D. · 1 citation
Computer Science · Economics, Econometrics and Finance · #Blockchain Technology Applications and Security #FOS: Computer and information sciences #Market Dynamics and Volatility #Software Engineering (cs.SE)

paper · pdf · doi:10.48550/arxiv.1711.10964

openalex publication_date 2017/11/29 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28

Abstract

A new initiative from the International Swaps and Derivatives Association (ISDA) aims to establish a "Common Domain Model" (ISDA CDM): a new standard for data and process representation across the full range of derivatives instruments. Design of the ISDA CDM is at an early stage and the draft definition contains considerable complexity. This paper contributes by offering insight, analysis and discussion relating to key topics in the design space such as data lineage, timestamps, consistency, operations, events, state and state transitions.

Cited by

• Auction Type Resolution on Smart Derivatives

Related

• Simulation of Derivatives Post-Trade Services using an Authoritative Data Store and the ISDA Common Domain Model
• Smart Derivatives Contracts: the ISDA Master Agreement and the automation of payments and deliveries
• Efficient ISDA Initial Margin Calculations Using Least Squares Monte-Carlo
• Dialog interface for dynamic data models
• Design Patterns for Description-Driven Systems