ISDA has published the third in a series of legal guidelines on smart derivative contracts. The purpose of this Directive is to explain the fundamental principles of ISDA`s security documentation and to raise awareness among technology developers, security operations, risk managers and other important stakeholders of the important legal and regulatory issues that need to be taken into account when applying a technological solution to the security management process. This document contains guidelines that assist in the development and application of technology in the automation of safety management. The document is not intended to specify or recommend a specific approach, or to address any particular technology application or project.