Challenges in a Common Domain Model for Securities Finance
Martin Walker covers the benefits of greater standardization and hurdles to adoption in an article for Securities Finance Monitor.
Regulations such as SFTR are driving discussion in the securities finance industry around how to agree on standardized processes and workflows. One idea is the Common Domain Model (CDM), similar to the initiative by ISDA in the derivatives space. Is there a strong argument in favour of a standardized domain model, and what challenges need to be overcome to get there?
Martin Walker is the head of product management for Broadridge’s Securities Finance and Collateral Management division. Former roles include Global Head of Securities Finance and Treasury IT at Dresdner Kleinwort and Global Head of Prime Brokerage Technology at RBS Markets. He has also worked as a consultant and researcher in capital markets with several papers published. He contributed to the new book “Evidence-Based Management – How to Use Evidence to Make Better Organizational Decisions” and his first book on Capital Markets infrastructure; Front to Back was published in 2018. He has an MSc in Computing Science from Imperial College, London and a BSc in Economics from the London School of Economics. He is also a fellow of the Center for Evidence-based Management.