On April 25th, the International Swaps and Derivatives Association published a whitepaper, "OTC Commodity Derivatives Trade Processing Lifecycle Events." The paper analyzes existing and potential opportunities for further standardization in the OTC commodity derivatives markets in order to drive improvements in operational efficiency, reduce operational risk, and increase netting and clearing for appropriate products. It also provides a summary of OTC commodity derivatives markets' trade processing lifecycle events and an overview of the current industry state of processing. ISDA Press Release