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

DSB Publishes Final Report on a Fee Model for the UPI

Subscribe to our newsletter

The Derivatives Service Bureau (DSB) has published its final report on a fee model for the Unique Product Identifier (UPI) that will come into play in July 2022. The report – Principles Underlying the Fee Model for the Unique Product Identifier (UPI) Service – is based on two consultation papers and considers both the UPI fee model and the cost basis of the UPI service.

Key information in the report includes: anticipated user estimates; a description of the functionality to be made available; user types; and invoicing and contractual notes for day one of the service. Services will be tiered, allowing UPI users to connect on a free-to-use or fee-paying basis. The DSB is working on a consistent framework for new services that will allow users needing both UPI and OTC ISIN services to access them easily and effectively.

Emma Kalliomaki, managing director at the DSB, says: “The DSB has undertaken an extensive consultation within our industry, which has widely concurred with DSB proposals and has helped shape the service. We are working hard to ensure that best practice and good governance principles are enshrined in the UPI, so that both industry and regulators will have the most efficient UPI service.”

The UPI is designed to facilitate effective aggregation of over-the-counter (OTC) derivatives transaction reports on a global basis. Reporting parties will be mandated to incorporate the UPI into their workflows and submit these to trade repositories once mandates come into effect in each of Africa, Asia, Australia, Europe and the Americas.

The DSB will launch a further industry consultation on UPI legal terms and conditions on 2 November, 2021.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The roles of cloud and managed services in optimising enterprise data management

Date: 14 May 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Cloud and managed services go hand-in-hand when it comes to modern enterprise data management (EDM), but how can the best solutions for the business be selected and implemented to ensure optimal data management based on accurate, consistent, and high-quality...

BLOG

Informatica Adds AI Powered Data Access and Governance to IDMC Data Management Platform

Informatica has released Cloud Data Access Management (CDAM), a solution based on the company’s 2023 acquisition of Privitar, a provider of data access management products. The AI-powered solution is integrated with Informatica’s Intelligent Data Management Cloud (IDMC) and uses the platform’s common metadata foundation to support data access governance. At the heart of CDAM is...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...