Derivatives Documentation Search demo

Ask one question of every ISDA, CSA, repo and prime brokerage agreement at once; agents read each in its own language, apply amendments and protocols in order, flag documents that disagree, read every value twice and return a grid of the whole estate, each cell cited to its clause. 1:33

What the demo shows

Answers legal and ops questions across ISDAs, CSAs, GMRAs and PB terms, citing the clause

Eight agents work every question. A Planner turns plain words into a reading plan and asks back when the question is ambiguous. A Reader finds the clause in every planned document, in its own language and from scans; an Amendment agent orders each family's chain (master, Schedule, annexes, amendments, side letters, protocols, initialled changes) and applies the latest effective change, keeping the original visible. A Conflict agent flags documents that disagree, such as an amendment with no countersignature on file or a draft beside the executed copy, and proposes a resolution; a Checker re-reads every cited passage blind on a different model. An Exposure agent joins mark-to-market and collateral for entitled roles, a Notice agent drafts close-out notices to the address and by the method the latest notices clause allows, and an Intake agent keeps the estate read and linked. Senior Counsel verifies each row; the Deputy General Counsel approves any answer used in a close-out.

Transcript

  1. Derivatives Documentation Search answers legal and Ops questions across trading agreements, citing the clause.
  2. One dealer lost $5.5 billion when a fund counterparty failed.
  3. Hours matter. At 742, Hollands Brothers Bank fell to BBB minus.
  4. Priya, Senior Counsel, asks once.
  5. Agents read all 214 Hollands documents.
  6. The answer is a grid, every cell cited.
  7. Three triggers changed in 2023 amendments.
  8. The German original sits beside the English.
  9. Priya confirms a handwritten change.
  10. An amendment lacks a countess signature.
  11. The conflict agent asks her to decide.
  12. She accepts the signed copy, verifies the rest, and sends it for sign-off.
  13. The maker can never approve.
  14. Her deputy general counsel does.
  15. Every answer is cited, read twice, signed and locked.
  16. Nine agreements, terminable, $142 million of exposure before the risk call.
  17. Built on Botminds: agents, data, screens and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.