Linklaters has collaborated with the International Swaps and Derivatives Association (ISDA) to introduce the ISDA Create Partnership Program. This initiative aims to certify legal advisors and law firms in their proficiency with ISDA Create, the cutting-edge contract management platform for the derivatives industry.
The program is designed to equip professional service firms with the essential skills and knowledge required to effectively draft, negotiate, and execute documents on behalf of their clients using ISDA Create. Leveraging the CreateiQ platform, a proprietary technology solution developed by Linklaters, ISDA Create is widely adopted by over 300 of the world’s largest financial institutions, including six of the leading global banks.
Shilpa Bhandarkar, CEO at CreateiQ, expressed enthusiasm about the program, stating, “We are delighted to launch this program to recognize key industry partners who assist banks, asset managers, and more with the efficient negotiation and execution of ISDA documents. The program not only enhances the proficiency of professional service firms in using ISDA Create but also enables market participants to identify firms they can trust to represent them effectively.”
To attain certification, law firms, professional service companies, and alternative legal providers must undergo interactive training sessions and pass a rigorous qualification test. The program offers three certification tiers – Silver, Gold, and Platinum – based on the level of expertise demonstrated in utilizing the ISDA Create platform.
Firms and legal service providers such as Katten, Allen & Overy, Clifford Chance, DRS Alternative Legal Solutions and White & Case have all successfully completed the certification process, which is an indication of their commitment to high performance in derivatives contract management.
The full list of ISDA Create certified partners and their certifications are as followed:
- Linklaters (Gold)
- DRS Alternative Legal Solutions (Gold)
- Katten (Gold)
- Allen & Overy (Silver)
- Charles Law (Silver)
- Clifford Chance (Silver)
- DLA Piper (Silver)
- DLT (Silver)
- Harry Jho (Silver)
- Margin Reform (Silver)
- McCann Fitzgerald (Silver)
- Olser (Silver)
- PMW (Silver)
- Teigland – Hunt (Silver)
- Washton & Gitto (Silver)
- White & Case (Silver)
Over time, the ISDA Create Partnership Program is projected to drive wider adoption of the platform, promoting greater efficiencies and risk reduction across the derivatives market. In addition, users and advisors can anticipate feature updates and integrations based on their evolving needs, further enhancing their experience with ISDA Create.
This certification program is proof of Linklaters and ISDA’s dedication to promoting industry standards, while ensuring that legal advisors and law firms possess the required expertise to navigate the intricacies of the derivative market leveraging the advanced capabilities of ISDA Create.
For further information, please contact:
Shilpa Bhandarkar, Linklaters
shilpa.bhandarkar@linklaters.com
