ISDA Taxonomies

ISDA Taxonomies are standardized frameworks created by the International Swaps and Derivatives Association to organize and classify complex financial data related to derivatives and trading activities. They enable consistent reporting, data exchange, and analysis across financial institutions by providing a common language and structured categorization system. This improves transparency, reduces errors, and enhances regulatory compliance within the derivatives market. Think of ISDA Taxonomies as a detailed blueprint that helps different parties understand and communicate about financial transactions accurately and efficiently.