About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

ANNA DSB Opens Test Platform for OTC ISINs and Outlines Further Plans

Subscribe to our newsletter

The Derivatives Service Bureau (DSB), a subsidiary of the Association of National Numbering Agencies (ANNA) designed to issue ISIN identifiers for OTC derivatives under Markets in Financial Instruments Directive II (MiFID II), has opened its user acceptance testing platform to the industry.

The platform provides near real-time allocation of ISINs for OTC derivatives and generates additional attributes mandated by MiFID II, including Classification of Financial Instruments (CFI) codes and Financial Instrument Short Name (FISN) ISO standard values.

The DSB has also started to release provisional product definitions that detail the ISIN attributes expected to go live with the platform on 2 October 2017. The definitions are being loaded onto the user acceptance testing platform in line with this schedule: 3 April, rates; 18 April, credit; 24 April, foreign exchange; 2 May, equity; and 8 May, commodities.

The opening of the user acceptance testing platform should begin to answer industry concerns about the ability of the DSB to issue ISINs for OTC derivatives in a timely and effective manner. The DSB states: “[We are] now shifting focus to hardening the service – adding resiliency, capacity and performance to the system to ensure that production will meet the demands of the global OTC derivatives industry.”

The platform is a significant milestone in development of the DSB, which was discussed recently at A-Team Group’s Data Management Summit in London. At the event, Emma Kalliomaki, managing director of ANNA, and Sassan Danesh, a member of the DSB management team, outlined plans for the bureau including implementation of ISDA taxonomy and an FpML interface for the DSB, finalisation of the ISIN fee model in the second quarter of this year, a second industry consultation on the fee model focussed on redistribution of excess revenue in May, and the publication of a DSB user agreement in July. With ISIN allocation due to go live on 2 October, the DSB team said the fee model will be re-evaluated in October 2018 after one year of production activity.

To register for the user acceptance testing platform email technical.support@anna-dsb.com with ‘UAT Registration’ in the subject line and receive a brief application form.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Detecting and preventing market abuse

Market abuse – unlawful disclosure of inside information, insider trading, circular trading, “pump and dump” schemes, etc. – poses significant threats to the integrity of capital markets. In 2024, global trading house Trafigura agreed to pay a $55 million fine to the U.S. Commodity Futures Trading Commission (CFTC) for trading with non-public information, manipulating a...

BLOG

Embracing a New Age of Post-trade Transparency

By Anne Plested, MCSI, Senior Product Manager for Regulation, ION Markets. Incentives for change Earlier last year, as part of the UK Wholesale Markets Review (WMR), the Financial Conduct Authority (FCA) published its PS23/4 policy statement on Improving Equity Secondary Markets. Promising to remove the most burdensome and unnecessary regulatory requirements, this policy aims to...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...