The swaps reference application presents an event monitoring tool for managing the lifecycle events of interest rate swaps and credit default swaps by leveraging the CDM and its Event Specification Module. In particular, it demonstrates the ability of DAML to better facilitate reset and payment events. While the application uses IRS and CDS as the underlying instruments, the same principles could be applied to other types of swaps or derivatives.
- Lifecycling of interest rate swaps and credit default swaps
- Based on the CDM Event Specification Module