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

A-Team Insight Blogs

Firms in the US Prepare to Meet Compliance Date for UPI in Regulatory Reporting

Subscribe to our newsletter

The Derivatives Service Bureau (DSB) has released figures indicating industry readiness for the first jurisdictional compliance date for the inclusion of the Unique Product Identifier (UPI) in regulatory reporting in the US on 29 January 2024.

The US is the first jurisdiction to start UPI reporting in G20 derivatives markets with EU EMIR Refit regulations following on 29 April 2024, the UK on 30 September 2024, Australia and Singapore from 21 October 2024 and Japan on the 7 April 2025.

“This first UPI compliance milestone is another step forward in the journey of realising the G20 commitments following the financial crisis toward global aggregation of OTC derivatives data to enhance the regulators’ understanding of global systemic risk,” says Emma Kalliomaki, managing director of ANNA and the DSB. “The DSB’s scalable client onboarding and support platform mean users that still need to onboard will be able to do so efficiently.”

As the US reporting date approaches, 131 organisations have subscribed across all fee-paying user types covering different connectivity options, 71 of which are programmatic users. At organisation level, banks lead the way with trade execution platforms, clearing houses, brokerages, trade repositories and data management providers also on board. In the US, 35% of organisations onboarded have headquarters in the country. Given the staggered approach to UPI mandate compliance dates, these figures are in line with DSB onboarding expectations at this stage.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Executing the Migration to Cloud to Enable Scalability and Innovation

Cloud-based services and processing have become essential to financial institutions as their data management demands have become more complex and expansive. Thousands of organisations have made the jump from their limited on-premises tech stacks to the near-infinite scalability opportunities of public and private clouds. They have also been motivated by the need to modernise their...

BLOG

Clearwater Warns on Agentic Use in Risk Management Without Data Quality Check

The deployment of artificial intelligence agents to risk management processes without adequate attention paid to data quality will expose capital markets participants to undue vulnerabilities. The warning from Clearwater Analytics came after a survey by the company found almost all institutional investors questioned said that data quality was the biggest barrier to trusting AI outputs....

EVENT

Alternative Data Conference Hong Kong

Following the success of the Alternative Data Conferences in NYC and London, A-Team Group is excited to announce the launch of the Alternative Data Conference Hong Kong!

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...