Airbrush 3.0
Airbrush is a common specification for defining a bond, comprising two pillars:
Standardised termsheet template
Interface data specification
WEBINAR: The Next Generation: Optimising capital markets transactions through universal data standards
Watch the webinar where the Origin team, supported by partners from Clearstream and the Luxembourg Stock Exchange, walk through the elements and use-cases of Airbrush.
After consolidating the data requirements across multiple post-trade institutions, Airbrush lays the groundwork for true interoperability and straight-through-processing of fixed income new issuance.
In a market first, Airbrush proposes a truly standardised generic termsheet template for fixed income, supporting both syndicated and non-syndicated vanilla bond issuance. Airbrush has released the template in both “human-readable” and “machine-readable” form, marked up using the open source Jinja templating language.
Additionally, the Airbrush interface data standard is available on Github in excel format as well as an API/swagger form.
Airbrush is released as an open-source standard under the MIT license, and will be regularly updated with feedback from market participants.