How it works
CSAnalytics helps firms to easily determine the most straightforward and effective way to take collateral from a counterparty, reducing the time and costs associated with this analysis.
- The companion service to netalytics
- Covers every ISDA collateral opinion (50+ jurisdictions)
- Coverage of IM/VM collateral provider and taker insolvency analysis
- Considers in detail all three legal approaches to taking collateral
The service
We help users navigate the complex conflicts of laws analysis necessary to apply the content of the collateral opinions to their own particular situations.
We look at each of the key issues based on three different fact patterns:
- The counterparty is located in the jurisdiction, but the collateral is located elsewhere
- Both the counterparty and the collateral are located in the jurisdiction, and
- Only the collateral is located in the jurisdiction
Good to know
It is possible to select your legal approaches and fact patterns and view side-by-side, in relation to a particular legal approach, the position in a jurisdiction where your counterparty is located and the position where your collateral is located.
You can also compare the position in another jurisdiction with the same or different fact patterns.
In addition
CSAnalytics covers initial margin (IM) and variation margin (VM) documentation, and includes a sub-site dedicated to the ISDA IM Collateral Taker Insolvency Opinions.
CSAnalytics also provides access to comprehensive analysis on what can constitute eligible collateral assets for regulatory margin (IM and/or VM) in G20 nations and other developed derivatives markets.
Product features
-
Simplify compliance
Our content is presented in a consistent, colour-coded format which allows you to easily grasp the issues at hand and move forward.
- Colour-coded question and answer format
- Unique fact patterns to help with practical application
- Compare and version control
- Email alerting service
-
Eligible Collateral Reports
New to CSAnalytics: Eligible Collateral analysis
CSAnalytics subscribers can now enjoy access to Eligible Collateral Reports:
- Colour-coded reports focusing on regulatory margin eligibility requirements for uncleared OTC derivatives
- Comprehensive underlying memoranda extracts from market leading counsel
- Presenting Initial Margin (IM) and Variation Margin (VM) eligibility requirements side-by-side
- Covering 38 CSAnalytics jurisdictions
- User-friendly functionality allowing easy comparison of jurisdictional information
- Daily monitoring and email alerting service
- Compare function and version control
Jurisdictions covered
Austria, Belgium, Cyprus, Croatia, Czech Republic, Denmark, England & Wales, Finland, France, Germany, Greece, Guernsey, Hungary, Iceland, Ireland, Italy, Jersey, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Russian Federation, Serbia, Scotland, Spain, Sweden, Switzerland and Turkey
Israel, Mauritius, South Africa and UAE (Abu Dhabi Global Market (ADGM))
Anguilla, Argentina, Aruba, Curaçao and St. Maarten, Bahamas, Barbados, Bermuda, Brazil, British Virgin Islands, Canada (includes Onatrio, Alberta, British Colombia and Quebec), Cayman Islands, Chile, Colombia, Mexico, Peru and United States
Australia, China, Hong Kong SAR, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan and Thailand
Derivatives product team
Managed by our expert team of senior lawyers.
CSAnalytics sample screens
Sample screenshot from CSAnalytics showing map navigation homepage and example email alert summarising the key changes to a newly published opinion:
Example of how the CSAnalytics compare function works, a feature available across all aosphere products to enable a comparative view of global rules.
A unique feature of CSAnalytics is that users can select from four different legal approaches to taking collateral (New York Law Pledge, Title Transfer, English Law Security Interest, Initial Margin Documentation), and from three fact patterns relating to the location of the counterparty and the collateral and compare the results across jurisdictions:
