ISDA selects Gentek AI to develop a transparency tool
31 March 2026 UK, Hong Kong
Image: Murrstock/stock.adobe.com
The International Swaps and Derivatives Association (ISDA) has selected Gentek AI to develop a new traceability tool for the ISDA Digital Regulatory Reporting (DRR) solution, aimed at enhancing transparency for users of the ISDA DRR.
The traceability tool will allow users to look back at the history of DRR decision-making and pinpoint when and why coding choices were made, providing a full audit trail of DRR development, says the association.
The ISDA DRR uses the open-source Common Domain Model (CDM) to transform a golden-source interpretation of regulatory reporting rules into machine-executable code, making implementation more efficient and cost effective.
The ISDA DRR has been applied to 8 sets of reporting rules globally and ISDA is committed to supporting 14 reporting rule sets in 9 jurisdictions.
ISDA launched a request for quote on 30 October 2025 seeking proposals from firms interested in developing the tool.
David Shone, senior director of Data and Digital Solutions, at ISDA, says: “Traceability is a foundational requirement for scalable, trusted digital regulatory reporting.
“Gentek AI demonstrated a strong alignment with ISDA’s vision for an open, auditable and AI-driven traceability framework that links regulatory text, working group decisions and DRR code in a transparent and sustainable fashion.
“Development of the traceability tool will strengthen confidence, consistency and accountability across the ISDA DRR ecosystem.”
Pierre Khemdoudi, CEO at Gentek AI, adds: “We’re proud ISDA has chosen to work with Gentek AI on this next phase of Digital Regulatory Reporting.
“We’re excited to bring our AI and regulatory expertise to drive wider adoption of ISDA’s DRR standards and ultimately facilitate implementation and reduce operational costs for the industry.”
The traceability tool will allow users to look back at the history of DRR decision-making and pinpoint when and why coding choices were made, providing a full audit trail of DRR development, says the association.
The ISDA DRR uses the open-source Common Domain Model (CDM) to transform a golden-source interpretation of regulatory reporting rules into machine-executable code, making implementation more efficient and cost effective.
The ISDA DRR has been applied to 8 sets of reporting rules globally and ISDA is committed to supporting 14 reporting rule sets in 9 jurisdictions.
ISDA launched a request for quote on 30 October 2025 seeking proposals from firms interested in developing the tool.
David Shone, senior director of Data and Digital Solutions, at ISDA, says: “Traceability is a foundational requirement for scalable, trusted digital regulatory reporting.
“Gentek AI demonstrated a strong alignment with ISDA’s vision for an open, auditable and AI-driven traceability framework that links regulatory text, working group decisions and DRR code in a transparent and sustainable fashion.
“Development of the traceability tool will strengthen confidence, consistency and accountability across the ISDA DRR ecosystem.”
Pierre Khemdoudi, CEO at Gentek AI, adds: “We’re proud ISDA has chosen to work with Gentek AI on this next phase of Digital Regulatory Reporting.
“We’re excited to bring our AI and regulatory expertise to drive wider adoption of ISDA’s DRR standards and ultimately facilitate implementation and reduce operational costs for the industry.”
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