The Association of National Numbering Agencies (ANNA), the umbrella organization for national numbering agencies, has launched a fee model consultation for its Derivatives Service Bureau (DSB), which operates on a cost recovery structure. ANNA officials describe the DSB as an “automated generator” of International Securities Identification Numbers (ISINs) for over-the-counter (OTC) derivatives, slated to go… Read More >>
The Growing Price Tag of OTC Reform
A new day is dawning for over-the-counter (OTC) instrument valuations, independent of the Dodd-Frank Act, and it’s causing firms to streamline the fragmented and incompatible systems of their front, middle and back offices. The revamping will result in a spending boost to $383 million by 2014, according Celent, the market research division of Oliver Wyman,… Read More >>