使用ISDA通用领域模型的权威数据存储的行业采用方案
Industry Adoption Scenarios for Authoritative Data Stores using the ISDA Common Domain Model
摘要：
在本文中，我们探讨了贸易后行业标准化和简化的机会，以显着提高效率和降低成本。我们首先总结了相关的行业问题（不一致的流程，不一致的数据和重复的数据），然后提出了相应的潜在行业解决方案（流程标准化，数据标准化和权威数据存储）。这包括过渡到国际掉期和衍生品协会通用领域模型（CDM），作为整个交易生存周期中业务事件和流程的标准数字表示集。然后，我们将探讨金融市场基础设施如何运营权威数据存储，使CDM业务事件可供经纪自营商使用，同时考虑传统的集中式模型和潜在的分散式模型。对于这两种类型的模型，有许多可能的采用场景（取决于每个经纪商与权威数据存储的集成程度和CDM的使用），我们确定了一些关键场景。
英文摘要：
In this paper we explore opportunities for the post-trade industry to standardize and simplify in order to significantly increase efficiency and reduce costs. We start by summarizing relevant industry problems (inconsistent processes, inconsistent data and duplicated data) and then present the corresponding potential industry solutions (process standardization, data standardization and authoritative data stores). This includes transitioning to the International Swaps and Derivatives Association Common Domain Model (CDM) as a standard set of digital representations for the business events and processes throughout the life cycle of a trade. We then explore how financial market infrastructures could operate authoritative data stores that make CDM business events available to broker-dealers, considering both traditional centralized models and potential decentralized models. For both types of model, there are many possible adoption scenarios (depending on each broker-dealer's degree of integration with the authoritative data store and usage of the CDM), and we identify some of the key scenarios.
机构、总结、中文摘要均由AI分析而来，可能存在错误，请以论文正文为准。
