Tara Kruse is the head of ISDA’s Non-Cleared Margin Initiative which facilitates the implementation of margin rules for non-cleared derivatives across jurisdictions and which developed and maintains the ISDA Standard Initial Margin Model (SIMM)TM, a common initial margin methodology that can be used by market participants globally. Previously, Ms. Kruse held the position of Co-Head of Data, Reporting and FpML at ISDA where she focused on resolving regulatory issues pertaining to data and trade reporting. In addition to promoting global data harmonization and industry standard identifier solutions, she was responsible for ISDA’s advocacy efforts pertaining to derivatives trade reporting in the U.S. and Canada.
Before joining ISDA, Ms. Kruse was a vice president in the Derivatives Projects Group at Morgan Stanley responsible for implementation of global trade repository reporting for credit and equity derivatives and global cross-asset regulatory reference data. Prior to that, she held the role of head of Americas IRCC Derivative Documentation and global head of Credit Derivative Documentation Drafting at Morgan Stanley. Before Morgan Stanley, Ms. Kruse was the global head of Credit Derivatives Documentation at Bear Stearns.