Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Marc Honegger, DSB

28788

DSB to create new tech roadmap for OTC derivatives identifiers

RELATED TOPICS​

In response to feedback from its most recent industry consultation, the Derivatives Service Bureau (DSB) is to create a strategic technology roadmap for OTC derivative identifiers.

The DSB is a fully automated generator of International Securities Identification Numbers (ISINs) for OTC derivatives and is the first numbering agency designed to operate on a global basis to meet the particular requirements of the derivatives markets, including near real-time allocation of ISINs.
 
The newly created Strategy Subcommittee of the DSB Technology Advisory Committee was developed in response to industry feedback, and will take forward the technology-related work of the original ISO standards working group (SG2), completed in May 2016 under the co-convenorships of ANNA and ISDA.
 
As part of the DSB’s ongoing efforts to collaborate with the industry, the Subcommittee will follow an open and inclusive process with a diverse stakeholder base, and will take into consideration other relevant regulatory and industry initiatives that the DSB should aim to be consistent with.
 
“The DSB looks forward to creating a robust technology roadmap to service the industry’s evolving needs around OTC derivatives identifiers,” says Marc Honegger (pictured), TAC Sponsor and board member of the DSB. “Having successfully enabled OTC derivative users to meet their MiFID II reporting requirements in 2018, we now look forward to working with industry in 2019 to develop the DSB strategic technology roadmap.”
 
Membership of the TAC Subcommittee will be announced on 11 October 2018, with the first meeting held on 8 November. In the interest of transparency, records of the TAC Strategy Subcommittee will be made available to the public on the DSB’s website.
 
“The DSB’s best-in-class technology is already proven within the European regulatory environment,” says Sassan Danesh, member of the DSB management team and the Designated DSB Officer of the TAC. “We are delighted to extend the benefits of this state-of-the-art technology to additional use cases by addressing the wider recommendations of the ISO SG2 Study Group.”

Latest News

DWS has announced the latest development in its strategic growth push in Alternative Credit with..
According to the latest ESG data from PwC Luxembourg finds that investment flows towards EU..
Solactive and private equity data provider CEPRES have established a new partnership for to introduce..

Related Articles

Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Pension funds
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition...
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by