Platforms

This Issue in United States

Novation 2.0

Concept of Novation 2.0 in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The platform that allows on-line ad hoc enquiry and automated reconciliation of a novated trade between a prime broker and the Trade Information Warehouse. Novation 2.0™ technology ensures that there is an audit trail and automated reconciliation between the trade capture environment of both the remaining party institution and stepping-in party institution.

Resources

See Also

• Derivatives Contract