The Derivatives Service Bureau (DSB), which acts as the central global source for reference data for OTC derivatives, updates an information of proceeding on UPI implementation.
From information provided by the DSB, since April 17, when DSB went live with its User Acceptance Test Service (UAT), there are 260 unique institutions that joined UAT from day one. Those organizations are free registered users, around 85 of those have transitioned to test the fee-paying user types. From July 17, OTC ISIN users can use an integrated workflow using their existing connections for UPI.
There are three access methods:
- Graphical User Interface (GUI) – manually going in and searching through the website;
- Application Programming Interface (API) – the real time fixed connectivity to pull and push the data;
- Daily file downloads – a T+0 for fee-paying users and for non-paying users it’s T+1.
Connectivity types are divided into search only or search and create UPIs.
More at:
https://www.anna-dsb.com/upi/
Kindly note that the mandatory requirement to use UPIs will be introduced in messages exchanged between participants and KDPW TR following implementation of EMIR REFIT (from April 29, 2024).
