Adjoint, developer of a smart contracts platform and distributed ledger technology for the financial services industry, announced today that it has joined International Swaps and Derivatives Association (ISDA). Adjoint will contribute to the working groups on Distributed Ledger Technology and Smart Contracts.
Adjoint’s powerful asset modeling language allows financial domain experts to compose smart contracts that accurately represent sophisticated financial transactions on the distributed ledger. Using Adjoint’s solutions, financial firms can control the entire derivatives life-cycle through automated smart contracts – from trade structuring, capture, confirmations, collateral, settlement and regulatory reporting. Such smart contracts provide higher level of risk management, compliance and operational efficiency in the process.