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 Calls on Market Participants to Join Consultation Covering UPI Fee Model

Subscribe to our newsletter

The Derivatives Service Bureau (DSB) is pushing on with development of the Unique Product Identifier (UPI) ahead of implementation in 2022 with consultations designed to understand market participants’ views on how the principles underlying the fee model for the identifier should be established.

All firms reporting to trade repositories will need to include the UPI in workflows, and are encouraged by the DSB to take part in the consultations. Key dates are:

  • 11 January, 2021: first UPI fee consultation begins, ends 5 March 2021
  • 10 May, 2021: second UPI fee consultation begins, and ends 9 July, 2021
  • 9 September, 2021: publication of final consultation paper

Malavika Solanki, a member of the DSB management team, says: “The DSB is working with industry participants in the UPI Product and Technology Advisory Committees, as well as with global regulatory authorities to ensure the UPI service meets the needs of all stakeholders. We would very much like to hear from a diverse range of globally dispersed voices so that users with differing post-trade workflows have their views captured in how the UPI service is shaped in years to come.”

The DSB was named by the Financial Stability Board (FSB) as the sole service provider for the UPI system in 2019. It will be the issuer of UPIs and the operator of the UPI reference data library.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be executed effectively. At the top of the list is regulatory compliance. Regulators demand a...

BLOG

ISDA Finds GenAI Highly Accurate in Contracts Process but Stresses Need for Good Data

The International Swaps and Derivatives Association (ISDA) has found that a range of generative artificial intelligence models can achieve a very high level of accuracy in extracting and standardising contract details into digital form. The findings suggest that AI can be deployed to reduce time and resources as well as risks when processing data within...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...