The DSB calls for global participation in the Product Committee
London, 8 April 2025 – The Derivatives Service Bureau (DSB), the global golden source of reference data for Over the Counter (OTC) derivatives, is inviting industry experts to join the DSB Product Committee (PC) responsible for overseeing the definitions and data requirements for allocation of OTC derivative identifiers. Member applications close on 13 May 2025.
The DSB’s Product Committee advises the DSB on how to define, maintain, enhance and govern OTC derivative products. With the significant growth of the DSB’s user base, due to the launch of the UPI Service, it has become increasingly important to have broad and varied representation to ensure the DSB supports the breadth of products reported across jurisdictions.
Given the jurisdictions who have implemented the UPI in 2024, and the upcoming mandates in 2025, onboarding organisations are encouraged to consider applying to join the PC, with a specific focus on increasing representation in the APAC and Middle East regions. The PC will also benefit from the inclusion of a broader range of industry experts from different organisation types and sizes.
In addition to addressing general product evolution and best practice guidance, current topics addressed by the PC and its Sub-Committees include representation of digital assets, improving coverage for underlying indices, and providing guidance on the usage of Non-Standard product templates.
Emma Kalliomaki, Managing Director of ANNA and the DSB, said, “Our Product Committee members provide huge benefit to the DSB and our stakeholders through their active engagement and expertise. As OTC derivative markets evolve, and international standards are embedded across new jurisdictions, the PC is integral to ensuring alignment with market practices and developing best practice guidance. We welcome applications from implementing jurisdictions to reflect the growth of the DSB user community.”
To view the current DSB Product Committee Charter[1] and download the application form[2] visit the DSB website.
Interested applicants have until 13 May 2025 to submit their applications along with a recent copy of their resume to DSB.Product.Committee@ANNA-DSB.com for consideration. PC membership will be announced in late May 2025.
[1] https://www.anna-dsb.com/download/dsb-pc-charter-2025-2027-final/
[2] https://www.anna-dsb.com/download/pc-application-form-for-2025-27/
ENDS
Media contacts
Carmen Rey, Amanda O’Sullivan – Streets Consulting
carmen.rey@streetsconsulting.com / amanda.osullivan@streetsconsulting.com
+44 (0)207073 2649
The Derivatives Service Bureau (DSB) Ltd
The Derivatives Service Bureau, DSB, is the global golden source of reference data for Over the Counter (OTC) derivatives. Serving over 4,000 users spanning approximately 500 institutions, the DSB enables market participants to meet their regulatory reporting obligations to trade repositories, and for post- trade transparency and market abuse reporting related to MiFID II. A global utility with widespread industry representation, expertise and collaboration at its core, the DSB provides its reference data on a cost-recovery basis to increase transparency, efficiencies and interoperability through the use of standards. Users can access the DSB’s automated zero-touch technology platform through an open and easily accessible web interface that can handle multiple taxonomies of definitions and descriptive data for near real-time allocation.
Founded by the Association of National Numbering Agencies, ANNA, the DSB is the sole source of multiple ISO standards for OTC derivatives, including International Securities Identification Numbers (ISINs), Unique Product Identifiers (UPIs), Classification of Financial Instruments Codes (CFIs) and Financial Instrument Short Names (FISNs). In addition to its ISO mandates, the DSB has been nominated by the Financial Stability Board of the G20 to be the exclusive global operator of the UPI Service. This service will enable authorities to aggregate data on OTC derivatives transactions by product or by any UPI reference data element. If you would like to use the Derivatives Service Bureau please visit the DSB website.
About ANNA
The Association of National Numbering Agencies (ANNA) is a global member association seeking to foster standardisation within the financial industry by upholding the International Organization for Standardization (ISO) principles and by promoting ISIN, FISN and CFI codes for financial instruments. This is achieved through ongoing, collaborative work with market participants, regulators and other standards bodies.
Under ANNA’s stewardship, the role of the ISIN in enabling global financial communications has been established worldwide. Founded in 1992 by 22 numbering agencies, today ANNA’s membership continues to grow, with more than 120 global members and partners allocating ISIN, FISN and CFI codes on behalf of their local jurisdictions. By putting in place rigorous governance around the development, allocation and sharing of ISIN, FISN and CFI codes, ANNA helps facilitate open, transparent markets diminishing barriers to access, while protecting the integrity of the standards. As a result, ISIN has become the recognised global standard for unique identification for all types of financial and referential instruments, helping to connect and protect global markets.
In addition, ANNA has established the Derivatives Service Bureau (DSB), a fully automated global numbering agency to meet the specific operational and regulatory requirements of the over-the-counter derivatives markets.
For information about ANNA, its members and activities, please visit the website.
