Isda backs regulatory push on derivatives data project

Risk Live: Common standards for trade reporting should be mandatory, argues senior industry representative

Financial authorities should force markets to adopt a single format for transaction reporting, a senior figure at the International Swaps and Derivatives Association has said. The call comes as Isda promotes its own data standardisation project, the common domain model (CDM).

Asked if regulators should have proposed putting data standards in place before imposing transaction reporting, Ian Sloyan, director of market infrastructure and technology at Isda, said: “I would wholeheartedly support