iManage ISDA MA, CSA Robot
iManage ISDA MA, CSA Robot
Simple, efficient automated review for repapering ISDAs
In response to increasing regulatory requirements, banks and other participants in the OTC derivatives market need to improve their ability to manage counterparty risks and corresponding collateral obligations. Traditionally, terms of the ISDA Master Agreements and their corresponding Credit Support Annexes (CSAs) were entered manually into collateral management systems, a lengthy and time-consuming process. As trading relationships evolve, many of these terms become outdated. Manually updating and reviewing these documents would be a massive task requiring additional resources and overtime hours to meet tight deadlines.
iManage ISDA MA, CSA Robot combines AI with information processing to deliver a solution that can automatically read, interpret, extract and summarize the content within ISDA MA, CSA and other legal documents.
Innovative approach for repapering ISDAs
- Reduce operation costs
- Automatically extract and export the terms of your OTC Derivatives contracts (ISDAs MA, CSAs) to third-party systems.
- Keep information up to date
- Quickly identify agreements that require re-papering and amending.
- Ensure regulatory compliance
- Reduce risk and penalties for non-compliance with the latest EMIR, FSB and other regulatory changes.
- Improve accuracy
- Rapidly audit and validate content ensuring that polices are based on relevant data.
iManage ISDA MA, CSA Robot Advantage
iManage ISDA MA, CSA Robot can locate all ISDA MA and CSA agreements in any format (including scanned PDFs) from any location within the enterprise. It can automatically extract the structure of these agreements such as the clauses, sub clauses and tabular data; group similar agreements into clusters based on content and/or a pre-defined set of metrics; and identify risk level.
The extracted output can be made available to collateral and margining systems, Excel spreadsheets, XML files or any other structured form. In context review and preview of the extracted terms, allow reviewing teams to evaluate the data in the context of the original agreement.
Powerful auditing capabilities can compare the current document set and addenda with what has been manually abstracted. This audit process can validate your data, identify high credit risk relationships, and as a result, organizations can quickly scope the size of the repapering exercise.
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iManage RAVN Extract is built on top of the iManage RAVN Engine. iManage RAVN brings together different technologies from the fields of Information Processing and AI (Artificial Intelligence) in a coherent, enterprise-ready solution stack. Beyond the foundations of a powerful document search engine, iManage RAVN focuses on extracting and distilling the information within documents.