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ISDA Publishes Common Domain Model Concept Paper as First Step to Realize Potential of New Technologies

SYDNEY, Oct. 17 -- The International Swaps and Derivatives Association issued the following news release:

The International Swaps and Derivatives Association, Inc. (ISDA) has today published a conceptual version of its ISDA Common Domain Model (CDM), which sets out the required elements to achieve a single digital representation of trade events and actions - an important precursor to realize the full potential of new technologies, such as distributed ledger and smart contracts.

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