{
  "tool_id": "art-51-cross-margining-benefit-estimator",
  "kernel_id": "art-51-cross-margining-benefit-estimator",
  "display_name": "FICC-CME Cross-Margining Estimator",
  "tool_version": "1.1.0",
  "mandate_type": "risk_parameter",
  "purpose": "Estimates the initial-margin reduction from the FICC-CME cross-margining arrangement (customer expansion per SEC notice published 2025-12-22) by offsetting UST cash/repo DV01 against CME Treasury/SOFR futures DV01. Educational proxy.",
  "control_description": "Estimates the initial-margin reduction from the FICC-CME cross-margining arrangement (customer expansion per SEC notice published 2025-12-22) by offsetting UST cash/repo DV01 against CME Treasury/SOFR futures DV01. Educational proxy.",
  "declared_inputs": [
    "art-48-treasury-clearing-fit-diagnostic"
  ],
  "declared_outputs": [
    "qfa-02-portfolio-var-engine",
    "qfa-03-stress-test-engine"
  ],
  "kernel_digest": "sha256:5dc90c463eebfd789a8d20ab0de9a781ff9d5cc6f0034a5c6ce64cc2c2b42e22",
  "trust_label": "deferred -- deterministic source published, zkVM proof not yet generated",
  "data_vintage": "2026-07-10",
  "last_validated": "2026-07-10",
  "conformance_fixtures_vendored": false,
  "compute_proof_ready": "ready",
  "wave": 11,
  "source_url": "https://ainumbers.co/chaingraph/art-51-cross-margining-benefit-estimator.html",
  "generated_at": "2026-07-25T20:02:55.601Z"
}