CFTC's O'Malia takes on global data mission as ISDA head

When Scott O’Malia, commissioner at the Commodity Futures Trading Commission in Washington DC, takes up his new role as chief executive officer of the International Swaps and Derivatives Association, derivative trade data will be top of the agenda. Though swap data reporting has been running for two years in the US, there is still no automated way to crunch the data — a problem on both sides of the regulatory fence which O'Malia has been trying to solve for years at the CFTC.