The International Swaps and Derivatives Association published a one-year update on its Notices Hub on S&P’s Counterparty Manager platform, stating that 179 entities from 71 groups have adhered to the related protocol. The platform is designed to allow instantaneous delivery of termination-related derivatives notices and recipient alerts, replacing reliance on physical delivery, while also supporting a single-entry process for address updates across counterparties’ agreements on the platform. Adoption includes trading entities from 70% of global dealers as well as asset managers, pension and insurance companies, supranationals, corporates, central banks and governmental bodies. ISDA said faster notice delivery can materially shorten the time to close out exposures, re-hedge, set off positions and enforce against available security, and estimated firms could save about USD 1 million if termination becomes effective on a Friday afternoon rather than a Monday morning for a derivatives portfolio with USD 10 million of initial margin. The update also said the Notices Hub is supported by legal opinions in 33 jurisdictions, covering all of North America, most of Europe and a large share of Asia-Pacific derivatives trading regions. Legal opinions for another 40 jurisdictions are in the pipeline.
ISDA2026-07-21
International Swaps and Derivatives Association reports first year uptake of Notices Hub at 179 entities from 71 groups
The International Swaps and Derivatives Association said 179 entities from 71 groups have joined its Notices Hub in the year since launch. The platform enables immediate delivery of termination-related derivatives notices, and ISDA said it is already backed by legal opinions in 33 jurisdictions, with another 40 in progress.