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

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Regnology Extends Balance Sheet-Centric Reporting Model with Wolters Kluwer FRR Acquisition

On 1 December 2025, Regnology completed the acquisition of Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) unit; the deal was announced earlier in July. The company describes the combination as unifying its cloud-first regulatory reporting platform with FRR’s finance and risk capabilities, while extending its reach in key markets – APAC in particular. RegTech...

EVENT

TEST Event page 2

Now in its 15th 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

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...