A new platform co-constructed by global firm Allen & Overy, market data and analytics group IHS Markit and document generation and negotiation platform SmartDX aims to give firms a better handle on initial margin (IM) regulation work.

Margin Xchange, the new tool, intends to be a portal for all negotiations around initial margin regulation, a set of collateral requirements used to reduce risk in the derivatives market. The platform supports document generation, negotiation, execution, case management and data exports. The platform also stores actions as data, giving organizations the ability to review and analyze document content through algorithms.