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: Hearing from the Experts: AI Governance Best Practices

The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical and legal use of external information. Robust data governance frameworks provide the guardrails needed...

BLOG

Data Quality Posing Obstacles to AI Adoption and Other Processes, say Reports

The rush to build artificial intelligence applications has hit a wall of poor quality data and data complexity that’s hindering them from taking advantage of the technology. Those barriers are also preventing firms from upgrading other parts of their tech stacks. A slew of surveys and comments by researchers and vendors paint a picture of...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

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,...