Derivatives market infrastructure has been doing its best to keep up with regulatory change since the financial crisis, but with the pressure on market participants to adapt still intense, the International Swaps and Derivatives Association has identified ways institutions could ease their struggles, cut costs and boost efficiency.

Isda chief executive Scott O'Malia said the market relies on layers of old infrastructure and processes that have been accumulated over time, sometimes as a result of past acquisitions to grab market share, where systems were not fully integrated.