CCIR designs and operates its series with reference to the IOSCO Principles for Financial Benchmarks (FR07/13, July 2013). The crosswalk below maps each of the nineteen Principles to CCIR’s published practice, document by document.
Compute Credit Index Research LLC administers every stage of determination and publication under the published Methodology: collection, aggregation, publication, and restatement. No stage is delegated.
No calculation agents, submission channels, or third-party determination functions exist. Collection runs on administrator-operated automated infrastructure against providers’ public pricing surfaces.
The administrator operates no marketplace, runs no trading desk, and holds no positions in the markets it measures. No revenue is tied to the level of any published series. See Governance & Complaints.
Determination is fully automated under the published Methodology: validation gates on ingestion, panel-composition guards, drift monitoring, and daily verification of the print. Defects follow the published restatement process.
Governance is administrator-controlled; there is currently no external oversight committee. Until an independent oversight function is established, interim controls apply: material changes require written internal sign-off and advance public notice, complaints are logged and retained, and determination is fully automated with no discretionary adjustment of published values. The oversight function will be added as adoption of the series warrants it, and the Governance page will be updated when it is.
Series grammar is chip × operator segment × form factor × interruptibility × commitment term × region, with operator-equal weighting (one provider, one vote per cell) and published composition-stability windows.
The interest measured is defined as the publicly posted list-ask rate, not transacted levels, which the series never represent. Every cell publishes its source count, observation count, and interquartile range, so sufficiency is inspectable per cell per day.
A single input class: publicly observable list asks collected automatically. No solicited quotes, no broker marks, no expert judgment, no discretionary adjustments. The pooling fallback ladder is published in the Methodology.
Each published row carries its methodology version; per-cell source counts and dispersion publish alongside every headline. Restatements are republished in full under the current version, with the defect recorded in the change log.
The methodology is reviewed continuously and versioned; every material review outcome is a logged methodology event with an effective date and a comment window, recorded in the change log.
The Methodology is published in full: segment definitions, aggregation statistics (mean where a panel has ten or more sources, median below), window rules, series grammar, and restatement policy.
The published Change Management Policy governs changes: advance notice in the change log with effective date and anticipated impact, a comment window, and version stamps on every historical row.
Source-level transition has executed public precedent: panel members are retired by versioned notice with an event record under the Change Management Policy, which also distinguishes restatements from series breaks. Worked fallback and replacement language for documents that reference CCIR series is published on the Applications page.
There are no submitters. No party can submit, quote, or contribute a price into any CCIR determination; inputs are observed from public surfaces only. The submission channel this Principle addresses does not exist in CCIR’s design.
Collection is automated and logged end to end: raw payloads archived at ingestion, schema and validity guards, source-registry admission control, and coverage-drift monitoring with alerting.
Published on the Governance page: anyone may challenge a value at research@ccir.io; substantive challenges are acknowledged within five business days and answered against the underlying observation data, with verified defects corrected under the Change Management Policy and outcomes logged.
No external audit or assurance engagement has been performed. The determination chain is internally reproducible from archived inputs and versioned methodology. Independent external assurance, the convention established by commodity price-reporting agencies, will be sought when adoption warrants it.
Append-only history with per-row methodology version stamps, raw source archives from first collection, and full retention since inception, prospectively exceeding the five-year records expectation.
Records sufficient to reconstruct any published determination are retained and would be made available to relevant authorities on request.
Questions on any row: research@ccir.io. Substantive challenges follow the complaints procedure on the Governance page.