ISDA Provides Guidelines for Automated Collateral Management

ISDA issued a set of legal guidelines for smart derivatives contracts in a paper aimed at aiding the development of collateral management technology. The paper is the third in a series on legal guidelines for smart derivatives contracts. (The first paper provided an introduction, and the second paper highlighted the ISDA Master Agreement.) As previously covered, ISDA is identifying contractual and documentation issues relevant to market participants "implement[ing] new platforms, products and solutions."