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

Derivatives Service Bureau Sets Start Date of UPI Service on 29 January 2024

Subscribe to our newsletter

The Derivatives Service Bureau (DSB) has set a start date for the Unique Product Identifier (UPI) service following publication of a CFTC designation order confirming the UPI will be required in recordkeeping and swap data reporting in the US from 29 January 2024.

The DSB initially planned to go live with the UPI service in July 2022, but delayed its start until regulatory mandates were published requiring inclusion of the identifier. Fulfilling G20 commitments agreed as part of a package of reforms to OTC derivatives markets after the financial crisis, mandates to report the UPI have now been published in the US, EU and Australia, with additional jurisdictions expected to follow.

To aid implementation of the UPI, the DSB’s UPI User Acceptance Test (UAT) environment will be available from 17 April 2023, nine months before the US regulatory mandate comes into effect. The DSB UPI production environment will be available from 16 October 2023, three months before the mandate takes effect.

The DSB Client Onboarding and Support Platform (COSP) will be released alongside the UPI service providing a self-service platform for users to onboard to the UPI service and manage UPI user access and connectivity requirements.

“The DSB has undertaken extensive collaboration with stakeholders to ensure the UPI service is fit-for-purpose and the objectives of the service align with DSB principles such as cost recovery, reasonable and non-discriminatory access, and equal treatment,” says Emma Kalliomaki, managing director of ANNA and the DSB. “With firm UPI reporting dates now published, we will continue to support industry with its preparations and UPI implementation.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Building a Semantic Layer for Your Enterprise Data Estate

Date: 8 September 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The democratisation of data has encouraged engineers to think about how to make their data estates more accessible and useable for non-technical business end-users. Translating intention into data action requires careful configuration that enables consumers to mine insight, analytics...

BLOG

Inaugural AI in Data Management Summit NYC Sets New Benchmark in AI Discussion

A-Team Group’s inaugural AI in Data Management Summit NYC set a new benchmark in the global discussion around artificial intelligence. Leading figures from the worlds of finance and technology gathered in New York to share best practice guidance and observation, real-world case studies and forecasts for the exciting – and challenging – year ahead. The...

EVENT

RepRisk Sustainability Breakfast Roundtable London

The London sustainability breakfast is part of the global roundtable thought leadership event series hosted by RepRisk in key markets, including, New York, Toronto, London, Frankfurt, Oslo, Copenhagen, Stockholm, Hong Kong and Singapore in 2026.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...