Derivatives
Deep expertise in derivatives reference data and market data solutions.
The Derivatives Service Bureau (DSB) is a fully automated generator of International Securities Identification Numbers (ISINs) for OTC derivatives. The DSB is the first numbering agency designed to operate on a global basis and to meet the particular requirements of the derivatives markets.
OTC ISIN + CFI Service
We are the technology and service provider, to the Derivatives Service Bureau (DSB), a subsidiary of the Association of National Numbering Agencies (ANNA) and the global numbering agency for OTC derivatives
- Our expertise has been developed over 10 years and is valued by customers and standards bodies such as the International Organization of Standardization (ISO) and the Financial Information eXchange (FIX)
- Exclusive mandate to provide service to the DSB requires us to operate to a set of governance standards that is difficult for other technology companies to replicate
We leveraged our deep expertise in the OTC derivatives market, to design and build the engine that issues ISINs for OTC derivatives.
Our identifier technology enables near-real time allocation of International Securities Identification Numbers (ISINs), and handles multiple taxonomies of definitions and descriptive data for OTC derivatives.
Our user base includes the world’s leading financial institutions.
UPI Service
Etrading Software will act as Managed Service Provider (MSP) to ANNA DSB for a new mandate awarded to ANNA DSB by the Financial Stability Board to operate the service to generate Unique Product Identifiers for OTC Derivatives.
A UPI will be assigned to an over-the-counter (OTC) derivatives product and used for identifying the product in transaction reporting data. This will enable authorities to aggregate data on OTC derivatives transactions by product or by any UPI reference data element. Such aggregation will facilitate the effective use of OTC trade reporting data, including helping authorities assess systemic risk and detect market abuse.