Validus Risk Management has introduced ISDA Ops, a new solution designed to automate the calculation and monitoring of ISDA Additional Termination Events (ATEs) and Credit Support Annexes (CSA) Thresholds. ISDA Ops aims to offer an intelligent and scalable platform that simplifies managing these complex terms, improving the efficiency of handling counterparty and liquidity risks. With automated tracking, real-time decision-making, and enhanced reporting, the solution allows financial institutions to better manage collateral requirements and reduce potential risks.
Developed with insights from over 2,000 trading lines and more than 40 counterparties, ISDA Ops provides users with the flexibility to customise conditions through its Expression Builder. The platform’s integration with Validus’ existing Horizon tools further enhances its capability. Validus plans to introduce additional features, including generative AI for more efficient data parsing, before the year’s end.
Alain Smith, Head of Client Engagement at Validus Risk Management, said: “Monitoring and managing ISDA ATEs and CSA Thresholds are crucial risk management functions but has historically proven a major challenge due to the scale and complexity of the task. ISDA Ops therefore represents a significant breakthrough for risk management teams – presenting a clear, consolidated view of the data and allowing users to identify breaches and model for future risks. Cutting-edge technology has made processing huge volumes of data possible, looking to the future our aim is to keep ISDA Ops at the forefront – deploying generative AI to deepen the capabilities of our game-changing solution.”
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