The Derivatives Service Bureau (DSB) announced it is seeking additional members to join the DSB’s Technology Advisory Committee (TAC). DSB was founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs) for OTC derivatives.
The TAC was established in 2018 to provide advisory support to the DSB in recognition of required enhancements and adaptations of its technology base and services to address these changes in a timely fashion. The TAC is comprised of representatives from DSB user organizations, independent experts and regulatory observers within the wider OTC derivatives community and its remit includes matters relating to the OTC ISIN and the forthcoming Unique Product Identifier (UPI) Services.
The DSB welcomes membership applications from OTC-derivatives technology practitioners from a broad spectrum of institution types to contribute to technology governance matters, as well as respond to industry needs that arise through the DSB’s annual industry consultation process. Membership is open to all regions, with applicants from Asia, the Middle East, Africa and South America particularly welcome.
Emma Kalliomaki, managing director of ANNA and the DSB, said in a statement: “The TAC plays a critical role in defining the DSB’s technology roadmap. It is through open engagement, discussion and collaboration with the industry that we ensure the DSB technology strategy remains aligned with the needs of the markets it serves. Because of this, it is important that we have a broad spectrum of members from across the industry contributing to the TAC.”