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The Derivatives Service Bureau’s TAC Expands to Broad Reach

Source: Fintech Finance

269b9c389015332ad5515c13694e6dc.jpeg​The Derivatives Service Bureau (DSB), a fully automated generator of International Securities Identification Numbers (ISINs) for OTC derivatives founded by the Association of National Numbering Agencies (ANNA), has announced the expansion of its Technology Advisory Committee (TAC) to reflect broad geographic reach following the Financial Stability Board’s (FSB) designation of the DSB as the Unique Product Identifier (UPI) Service Provider.

The expansion plan of the TAC has a two-year term which begins today. The TAC now has six members based in Asia, one in the MENA region, ten in North America, and thirteen in Europe, including representatives from across the sell-side, buy-side, data vendors, execution platforms, market infrastructure providers, trade associations and other industry experts.

The outgoing chair, David Broadway, has led the industry forum through industry’s implementation efforts, and subsequent rationalization of workflows, as well as the onboarding of a Chief Information Security Officer at the DSB, enabling the new TAC Chair, Chris Pulsifer Software Development Manager from Bloomberg LP, to build on these significant achievements.

Marc Honegger, Member of the DSB Board and TAC Sponsor, said, “We thank David Broadway for his stewardship of the TAC’s first term and are delighted to have Chris Pulsifer join us as the new TAC Chair. He is well placed to lead the TAC given his active participation throughout the first term, as well as bringing extensive industry experience. The TAC achieves its success because it is full of highly experienced experts who bring a wealth of knowledge to discussions, and the additional expansion exemplifies the global nature of the institutions that are working with and using the DSB.”

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