Digital Asset and ISDA Introduce Tool to Help Drive Adoption of ISDA CDM
Hong Kong, April 10, 2019 – Digital Asset has today announced that it is working with ISDA to develop an open-source reference code library that will help derivatives market participants adopt the ISDA Common Domain Model (CDM). This new tool will assist developers in implementing the ISDA CDM in solutions for trading and managing derivatives via DAML, the smart contract language created by Digital Asset.
“Following our success at the Barclays DerivHack in London last year, we have been working closely with ISDA with the joint goal of standardizing processes across the derivatives industry. We are very excited to now make this reference implementation available to users via our DAML Software Developer Kit and the Rosetta Portal, enabling financial institutions to be in control of their own data,” said Kelly Mathieson, Head of Enterprise Solutions at Digital Asset.