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VIDEO · 15 JANUARY 2025

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Unique Product Identifiers – ANNA DSB & the UPI

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The Unique Product Identifier (UPI) is a new field and a component of the common data elements .

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Quinn Perrott
Quinn Perrott
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The Unique Product Identifier (UPI) is a new field and a component of the common data elements (CDE) which apply under EMIR, UK EMIR, ASIC and MAS. Its purpose is to identify an OTC derivative product. The UPI is mandated for use alongside the existing Legal Entity Identifier (LEI). The LEI identifies the parties to a derivative trade, whilst the UPI identifies what derivative product was traded.

The UPI is comprised of specific values on reference data components which sit in the UPI Reference Data Library on ANNA-DSB. The use of UPIs is the same for EMIR, ASIC, MAS and CFTC – read more here in the context of their application under UK EMIR.

The UPIs from the UPI Reference Data Library are managed and shared by ANNA DSB in a similar manner to ISINs. (See more from Anna DSB). Having one centralised place for UPIs aims to reduce inconsistency and will hopefully reduce the volume of reportable fields in the future, as many separate data elements can be obtained

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