ISDA 2011 Operations Benchmarking Survey
International Swaps and Derivatives Association
April 14, 2011
ISDA released highlights from its 2011 Operations Benchmarking Survey today. The Survey shows the results of industry investment in infrastructure over the past several years. The confirmation process, for example, has been completely automated and 100 percent of eligible credit default swaps are confirmed electronically, compared with 99 percent last year. Similarly, 83 percent of eligible interest rate derivatives are confirmed electronically compared with 77 percent last year.