UPI
Unique Product Identifier (ISO 4914)
Menu
Unique Product Identifier (ISO 4914)
UPI stands for ‘Unique Product Identifier’ and is designed to facilitate effective aggregation of over-the-counter (OTC) derivatives transaction reports on a global basis.
In the first instance, the role of the UPI is to uniquely identify the product involved in an OTC derivatives transaction that an authority requires, or may require in the future, to be reported to a Trade Repository (TR). The UPI will work in conjunction with Unique Transaction Identifiers (UTIs) and Critical Data Elements (CDE) which are also expected to be reportable to global regulatory authorities.
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published their finalised UPI Technical Guidance in September 2017.
Under the Technical Guidance, a unique UPI code would be assigned to each distinct OTC derivative product and would map to reference data elements with specific values that together describe the product. The collection of reference data elements and their values for each product would reside in a UPI Reference Data Library to be administered by the UPI Service Provider.
REGISTERED FREE | INFREQUENT €0,000 per annum | STANDARD €0,000 per annum | SEARCH ONLY API €0,000 per annum | POWER €0,000 per annum | POWER & INTERMEDIARY €0,000 per annum | INTERMEDIARY €0,000 per annum | |
Web Access | |||||||
Real-time search for UPIs by identifier | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Real-time search for UPIs
by attributes | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Maximum records returned
per search | 5 | 5 | 50 | 50 | 500 | 500 | End User limits apply |
Create new UPIs | ✕ | ✓ | ✓ | ✕ | ✓ | ✓ | ✓ |
Maximum new UPIs | ✕ | 12 per invoicing period | 600 per invoicing period | ✕ | 6,000 per week | Cap subject
to AUP | Cap subject to AUP |
File Download | |||||||
Access to UPI & product
attributes archive | End of day T+1 | End of day | End of day | End of day | End of day | End of day | End of day |
Programmatic
Access (FIX API & ReST API) | |||||||
Create new UPIs | ✕ | ✕ | ✕ | ✕ | ✓ | ✓ | ✓ |
Search for attributes by UPI | ✕ | ✕ | ✕ | ✓ | ✓ | ✓ | ✓ |
Subscribe to today’s UPIs | ✕ | ✕ | ✕ | ✓ | ✓ | ✓ | ✓ |
Retrieve UPI record by Attribute | ✕ | ✕ | ✕ | ✓ | ✓ | ✓ | ✓ |
Retrieve UPI record by UPI | ✕ | ✕ | ✕ | ✓ | ✓ | ✓ | ✓ |
Maximum of API connections | ✕ | ✕ | ✕ | 2 | 10 | 10 | End User limits apply |
Maximum search requests a week | ✕ | ✕ | ✕ | 250 | 12,500 | 12,500 | End User limits apply |
Maximum creates a week | ✕ | ✕ | ✕ | ✕ | 6,000 | 6,000 | End User limits apply |
Client Onboarding & Support Platform (COSP) | |||||||
Onboarding Overview | ✕ | ||||||
Maximum COSP Administrators | ✕ | 2 | 5 | 5 | 10 | 10 | 5 |
More Information
The numbering agency services will be provided on a cost-recovery basis.
DSB UPIs and their associated data will have no licensing restrictions on usage and distributions.
Access to the DSB archive for consumption of OTC Derivative UPIs and associated reference data will be available to all registered organisations and users
To the extent possible the DSB will levy fees through annual contracts that require payment in advance, in order to provide clarity in aligning fee levels with cost recovery.
The COSP is an online, self-service platform that allows Users to onboard to the UPI service and manage their UPI subscription
UPI USER ACCEPTANCE TESTING ENVIRONMENT
The UPI UAT software version will represent the DSB’s next release version of the ISIN software with the addition of UPI functionality.
NOTE:Â UPIs generated in a UAT environment are not real UPIs, and created by users for testing purposes only.
Â
OPERATING HOURSÂ
Saturday 12:30 PM UTC to Saturday 00:30 AM UTC
An extended UPI UAT weekend maintenance may be required for releases accompanied with a notification to be sent to users.
A midweek UPI UAT maintenance occurs every Wednesday whenever required with a window of: Wednesday 2:00 AM UTC to Wednesday 7:00 AM UTC
This document provides more information about UPI, including its user access, workflows, and fee model among others.
Learn more about UPI Product Definition Documents, as well as associated documentation.
Response to client queries on various aspects of the UPI service.
Includes API Access to the DSB UPI core cost recovery services and Rules of Engagement (ROE) documents.
The Derivatives Service Bureau (DSB) Limited is a company registered in England and Wales (No. 10542063)
LEI: 529900ORI6ALO8ABW676
Registered Address:
The Derivatives Service Bureau (DSB) Limited,
Randall House,Â
6 Dowgate Hill,
London, EC4R 2SU,
United Kingdom
© 2023 The Derivatives Service Bureau (DSB) Limited. All Rights Reserved.
