Point Nine Enhances Data Integration with UPI Standard in UAT Phase

Point Nine Enhances Data Integration with UPI Standard in UAT Phase

2023-04-25

Unique Product Identifier (UPI) – ISO 4914:2021 have become increasingly important in the financial industry for its ability to improve transparency and reduce the risk of market abuse. As a globally unique identifier assigned to each over-the-counter (OTC) derivative product, the UPI is crucial for meeting regulatory requirements for reporting transactions under regulations such as EMIR REFIT.

Point Nine is proud to be integrating with ANNA-DSB to obtain UPIs on a T+1 basis, ensuring compliance with regulatory reporting obligations for OTC derivative transactions. This integration will allow Point Nine to provide its clients with access to accurate and up-to-date UPIs, simplifying their reporting processes and facilitating better risk management.

But that’s not all. Point Nine also plans to offer a data enrichment capability using the UPI, providing additional data points related to the financial instrument, such as its Underlier Name, Classification, and other characteristics.

You can validate multiple UPIs here.

In conclusion, the UPI is a critical component of financial market transparency and regulation, and Point Nine is proud to be at the forefront of its integration and use for the benefit of its clients. Here’s a sample of UPI data extracted from ANNA-DSB UAT:

Unique Product Identifier (UPI) - ISO 4914:2021

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