We are proud to share that the Derivatives Service Bureau (DSB) has won ‘Best Reference Data Initiative'’at the WatersTechnology Inside Market Data and Inside Reference Data Awards 2025. These awards recognise excellence in initiatives, innovation, technology and services across the market and reference data domains, including ESG and alternative data, corporate actions data, data analytics, evaluated pricing data, research, data management tools, and managed data services.
This award season the DSB has achieved significant global recognition as winners and finalists of awards based in the US, Asia, the EU and UK, highlighting the DSB’s ongoing contribution in standardising OTC derivatives reference data across international markets.
The award recognises the DSB’s successful delivery of the global Unique Product Identifier (UPI) Service for OTC derivatives, with the UPI enabling regulators to monitor the build-up of systemic risks by identifying OTC derivatives at an underlying product level.
Emma Kalliomaki, Managing Director of ANNA and the DSB, said, “Developed collaboratively with global regulators and industry stakeholders, the UPI is now a cornerstone of global data standardisation for OTC derivatives. Harmonising reference data at an international level enhances risk management, reduces operational complexities, and fosters greater trust across jurisdictions. We are proud that our efforts have been acknowledged for contributing to a more interconnected and robust financial ecosystem worldwide.”
The DSB continues to collaborate with industry stakeholders to advance international identifier standards, with UPI mandatory reporting commencing in Canada, Korea, Hong Kong and Mexico later in 2025.
